Crypto Gloom

Phantom (FTM) Price Prediction 2024, 2025, 2026

Story Highlights

  • Phantom’s real-time value is $0.41409139.
  • FTM price could reach a high of $0.527 by the end of 2024.
  • A potential surge could result in Phantom prices reaching up to $1.922 by 2030.

teaHe said the cryptocurrency world has been generous enough to ambitious and innovative projects. This brings radical changes to the ecosystem by providing unique services. One protocol that has the potential to revolutionize the world of DeFi through smart contracts is Fantom.

The vision behind the launch of the FTM token was to unify compatibility between all trading platforms around the world. The platform is said to use a Direct Acyclic Graph (DAG) smart contract platform that powers the network scalability.

The network’s unique strengths and recent 335 million FTM incentive program have captured the attention of marketers. Who cares if the FTM price can go up to $1 in 2024? Are you one of the many investors interested in FTM? Look no further as we show you the possible price predictions for FTM for 2024 and the future.

outline

cryptocurrency fantasy
token FTM
price $0.41409139 -1.32%
market capitalization $1,160,961,035.9891
circulating supply 2,803,634,835.5266
trading volume $113,145,899.7564
Best ever October 28, 2021 $3.48
Lowest ever March 13, 2020 $0.001953
24 high $0.4434
24 low $0.4049

*Statistics are as of the time of reporting.

FTM price prediction for December 2023

The cryptocurrency industry has experienced a turbulent month, with markets experiencing massive turmoil on the charts. November started positively with prices continuing to gain value. The Phantom has gained tremendous momentum, resulting in a price surge of more than 60% in the first half of the month.

Since then, the price has traded in a consolidated range between $0.2792 and $0.3411. The price recently regained momentum, but the rally was short-lived as it was rejected at $0.4184. The price then traded in a consolidated range between $0.3411 and $0.4184 for some time.

The bulls attempted a breakout, but the bears overwhelmed the bulls and the price faced a limit at $0.4540 and then faced a decline.

Phantom price prediction for 2023Phantom price prediction for 2023
TradingView: FTM/USDT

MACD (Moving Average Convergence Divergence) displays a steady red histogram, which indicates that there is continued significant buying and selling pressure in the market. Additionally, the recent averages have shown a bearish convergence, suggesting that prices will continue to lose value in the coming days.

If the bulls push the price above $0.4184, the price will experience bullish momentum. If the price holds above that level, it will continue to gain and test the resistance level of $0.4540.

Conversely, if the bears outweigh the bulls, the coin will enter bearish trading and move lower to test the support level at $0.3803. Additionally, if FTM price fails to stay above $0.3411, the coin will continue to fall and test the $0.3077 support level in the coming weeks.

Phantom Price Prediction 2024

Increased volume, latest dapp deployments and 335M FTM incentive program bear fruit. Prices of digital assets could reach new potential highs as marketers remain optimistic. Social sentiment can generate greater amounts. An increase in holders would be an optimistic sign for the long-term momentum of FTM price.

Subsequently, as it gains momentum from holders, the price may remain immune from large downturns. Conversely, increasing bullish volume helps push FTM price up to $0.527. On the other hand, it may fall to $0.321. That means the average price can reach $0.424.

Phantom Price Forecast 2024-2030

price prediction Potential Lowest Value ($) Average price ($) Potential Highest Price ($)
2024 0.321 0.424 0.527
2025 0.485 0.597 0.710
2026 0.636 0.788 0.940
2027 0.800 0.953 1.106
2028 0.973 1.128 1.284
2029 1.101 1,316 1.531
2030 1.363 1.642 1.922

Phantom price prediction for 2025

When predicting prices over the long term, it is important to analyze the historical footprint of an asset. And how bears behave when they overtake the market. From a historical perspective, Phantoms remain relatively volatile during market fluctuations. Therefore, the price could reverse to at least $0.485 by the end of 2025.

As the coin continues to develop, this ultra-fast smart contract platform has the potential to reach $0.710. The impetus for this may come from greater adoption of the protocol. Successful cooperation and partnerships are also possible. That is, considering the average trajectory over the cycle, the Phantom price could settle in the mid-level of $0.597.

Phantom price prediction for 2026

According to analysts, the FTM coin price prediction for 2026 could be between $0.636 and $0.940, with the average price of Fantom being around $0.788.

Phantom price prediction for 2027

According to analysts, the price of Phantom in 2027 could be between $0.800 and $1.106, while the average price of FTM could be around $0.953.

Phantom price prediction for 2028

According to analysts, the FTM cryptocurrency forecast range in 2028 could be between $0.973 and $1.284, with the average Fantom coin price being around $1.128.

Phantom price prediction for 2029

According to analysts, Fantom’s forecast range for 2029 could be between $1.101 and $1.531, with the average FTM coin price being around $1.316.

Phantom price prediction for 2030

According to analysts, the 2030 FTM forecast could be between $1.363 and $1.922, with the average Phantom price being around $1.642.

What does the market say?

Company Name 2024 2025 2030
wallet investor $0.0209 $0.0197
price prediction .net $0.6262 $0.8751 $5.95
DigitalCoinPrice $1.01 $1.45 $4.26

*We have created a table containing possible price predictions for the same tokens made by other cryptocurrency analysts on their respective platforms. The goals mentioned above are the average goals set by each company.

CoinPedia’s Phantom Price Prediction

Phantom is one of the young and promising altcoins. We have some interesting predictions for this coin. According to the Fantom price prediction formulated by CoinPedia, it could hit $0.402 by the end of 2023.

The downside is that market fluctuations, uncertain global conditions, and even failed upgrades can cause setbacks for altcoins. Therefore, the price of the DeFi token may struggle to consolidate around $0.165 by the end of 2023.

basic analysis

The Phantom Protocol was started by Dr. Ahn Byeong-ik, a Korean computer scientist. The foundation’s initial product offering, completed in 2018, went mainstream in December 2019. The network’s current CEO is Micheal Kong. The innovative developers behind the network have advanced knowledge in full-stack blockchain development.

The team plans to build a smart contract platform that integrates scalability and security. One of the Lachesis platform’s consensus layers enables Fantom’s Opera mainnet deployment. The modularity of the network is highly flexible, as developer teams can deploy existing Ethereum-based decentralized Fantom.

What are Phantom Tokens?

Fantom is an open source, permissionless, decentralized smart contract platform. It was built to address the shortcomings of previous generation blockchain networks. DeFi tokens use an innovative aBFT consent mechanism called Lachesis. This allows the token platform to be much faster and more cost-effective than previous technologies.

Fantom has its own native token, FTM, which seeks to address technical deficiencies in smart contract platforms, particularly regarding transaction speeds. According to the report, the developers claim to have brought the speed down to under 2 seconds. Altcoins also use a leaderless proof-of-stake mechanism to provide a high level of security. Additionally, this protocol is compatible with ERC 20 and BEP 2.

Fantom Historical Market Sentiment 2019-2022

  • Phantom debuted in December 2019 with an ICO priced at $1.94. In the same month, the price fell to around $0.0386.
  • This is because the platform was not that active in its initial months. The coin remained at $0.01289 for at least four months until the end of the year.
  • There was no significant increase in FTM prices in 2020 due to the lack of events or fundamental upgrades.
  • Until the end of December 2020, the price hovered around the $0.0184 level.
  • Fantom began its rally at a price of $0.01648. A series of events and the listing of Gemini caused the price to surge above $0.8185 by May 8.
  • However, due to the Chinese market crisis, the price plummeted to $0.2524. The PoS token regained momentum, surging 941% to $1.7 on September 9.
  • Price gains were again hampered by Chinese market turmoil, sending the asset price down to $0.9896 in the same month.
  • The price surged more than 300% on October 8, reaching $2.38, forming a rising wedge pattern. After falling more than 50% amid a prolonged bearish trend, FTM has doubled to $2.38.
  • FTM pricing started until 2022 with a price tag of $2.2552. The altcoin rose to a quarterly high of $3.374 by January 17. However, the rise was short-lived as FTM price plummeted to $1.8100 on January 22nd.
  • Moving south, the price of FTM hit a low of $1.314 on February 24th. After a brief rebound, the first quarter closed at $1.5430.
  • Fantom started the second quarter with a price tag of $1,613. The second quarter was devastating for altcoins. This is because the entire industry is in chaos amid the bankruptcy crisis of major companies. It suffered a loss of over 80% and ended the quarter at $0.2452.

CoinPedia has a team of expert analysts dedicated to covering possible cryptocurrency price predictions for you and summarizing everything in one place!

Frequently Asked Questions

Is Phantom a good coin to invest in?

Yes, FTM is a revenue-generating investment that takes into account the strength of the network and the initiatives taken by its creators. Digital coins may exhibit higher returns over the long term.

Will the price of FTM surpass $1 by the end of 2024?

Consider the current outlook and position of the network. FTM price could claim a feasible high of $0.527 by the end of 2024.

Is Phantom a safe network?

Yes, it is a secure network as it uses a custom model of proof-of-stake algorithm.

What will be the maximum trading price for FTM by the end of 2025?

According to Phantom price predictions for 2025, the altcoin could demand up to $0.710. Due to a potential surge, the FTM price could reach as high as $1.922 by the end of 2030.

Where can I trade FTM?

FTM can be traded on popular cryptocurrency exchange platforms such as Huobi, Okex, Binance, etc.

What is the current price of Phantom?

At the time of publication, the price of one FTM was $0.4122.

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