eToro, a social investment network, announced the listing of Fantom (FTM). Since the announcement, Fantom prices have witnessed a surge of over 10%, while its 24-hour trading volume has also spiked by 76%.
The investment platform has also listed Theta Network (THETA) alongside FTM. After the addition of FTM and THETA, the tally of total cryptocurrency available on eToro has reached 57.
FTM mainnet goes live on eToro
Fanton which was created as an alternative to Ethereum (ETH) has suffered a lot due to certain announcements. Recently, DeFi developers Andre Cronje and Anton Nell declared that they are leaving the crypto space. Actually, Cronje and Nell were associated with over 25 apps and services, and FTM was one of them. However, FTM CEO Michael Kong handled the situation pretty well and term the announcement misleading in regards to the token.
In a statement, Fantom Network thanked Andre for working with them for 4 years and adding value to Fantom as well as the whole crypto and DeFi space in general.
Fantom and Theta have witnessed a decline of around 20% and 13% in the past 7 days, respectively. However, Both THETA and FTM prices have gained since the eToro listing new broke out.
FTM mainnet is now available on @eToro! https://t.co/7leGjDzBVv
— Fantom Foundation (@FantomFDN) March 16, 2022
Fantom (FTM) price jumps by 9%
Fantom prices surged by over 9% in the last 24 hours. FTM has been trading at an average price of $1.15, at the press time. The token has registered a spike of 75% in the 24-hour trading volume of $1,540,724,275. As per CoinMarketCap, Fantom is placed at 43rd spot with a total market capitalization of $2.9 billion
While Theta Network’s price has registered a slight increase of over 2% in the last 24 hours. THETA is trading at a price of $2.72 with a 24-hour trading volume of $157,619,258, at the press time. As per CoinMarketCap, THETA ranks at 45th position with a total market capitalization of $2.7 Billion.
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Source: https://coingape.com/etoro-lists-fantom-24-hr-ftm-trading-volume-surges/