Fantom ($FTM) Market Cap Exceeds $2 Billion Scaling DeFi Space to the Next Level

Sydney, Australia, May 03, 2021 — As $FTM is expected to soon reach its all-time-high price of $0.815 per token, Fantom’s total market capitalization is now $2 billion.

Fantom has established itself as a keen competitor in the blockchain platform industry, offering faster transactions and lower fees than its competitors.

Initially, we saw household names from the Ethereum DeFi ecosystem deploying a second instance on Fantom; more recently, we witnessed a surge in people building natively on Fantom, which is a huge sign of confidence.

Fantom’s market cap represents the total value of the FTM tokens by factoring the price of one token and the total number of circulating tokens.

The cryptocurrency market overall has enjoyed significant growth thanks to growing public interest in decentralized finance services.

With the launch of the Go-Opera upgrade in April, Fantom’s performance and reliability were dramatically improved, with the average transaction time to finality as fast as 1 second.

She’s repeatedly said that despite the broader rotation out of high-growth companies and into value stocks, her team maintains their conviction in innovative technologies and has a five-year time horizon.“Twitter fits well with Ark and Cathie Wood’s” investment style, said Ross Mayfield, investment strategy analyst at Robert W.

Dogecoin, a token started as a joke in 2013 but now a social-media favorite touted by the likes of Elon Musk, has surged 15,000% to a market value of around $50 billion.For more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Having written $4.6 billion off the value of the businesses in 2018, Verizon will get just $4.25 billion in cash from private equity firm Apollo Global, along with preferred interests of $750 million and a 10% stake in the unit – about half of what it had paid for the businesses.

-Warren Buffett ended years of speculation about who would succeed him at Berkshire Hathaway Inc by saying Vice Chairman Greg Abel would take over as chief executive officer if he were to step down.

” and Gerhard Richter’s “Two Candles.” She resigned as director in 2017, and hasn’t taken any management roles at Samsung companies.“It’s an extraordinary concentration of wealth,” Park said.

Asia’s share markets were mostly higher Tuesday as regional equity investors looked to signs of recovery from the coronavirus pandemic as major economies around the world reopen.

New York timeThe Nasdaq 100 fell 0.4%The Dow Jones Industrial Average rose 0.7%The MSCI World index rose 0.2%CurrenciesThe Bloomberg Dollar Spot Index fell 0.3%The euro rose 0.3% to $1.2062The Japanese yen rose 0.2% to 109.10 per dollarBondsThe yield on 10-year Treasuries declined two basis points to 1.60%Germany’s 10-year yield was little changed at -0.20%CommoditiesWest Texas Intermediate crude rose 1.4% to $64 a barrelGold futures rose 1.4% to $1,793 an ounceFor more articles like this, please visit us at bloomberg.comSubscribe now to stay ahead with the most trusted business news source.©2021 Bloomberg L.P.

Gold may continue to gain support from the Fed’s dovish approach and a weaker dollar, according to Angel Broking Ltd.’s analysts Prathamesh Mallya and Yash Sawant.The metal could gain further impetus amid expectations that outflows from gold-backed exchange traded funds will start to reverse, according to Carsten Fritsch, an analyst at Commerzbank AG.“We expect ETFs to begin registering inflows again in the second half of the year at the latest, and that this will help the gold price climb by year’s end to $2,000,” Fritsch said in a note.Copper futures for July delivery rose 1.4% to settle at $4.5285 a pound on the Comex.Japan, China and the U.K.

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