Fantom (FTM) and Andre Cronje

Updated
FTM's social and market activity is on the rise after Andre Cronje released an article highlighting the cash flow of FantomFDN in 2022
Fantom price today is $0.241135 with a 24 hour trading volume of 230 million dollar. FTM price is up 12% in the last 24 hours

Andre Cronje, a long serving figure in the DeFi space, says the Fantom blockchain project he advises is cash-flow positive, earning more than $10 million in annual revenue
Cronje shared a blog post on Monday that claims the Fantom team maintains more than $300 million in assets without specifying how much is considered liquid. “We are still scaling up,” Cronje said

Fantom’s reported treasury, as yet unproven on-chain, is made up of around 450 million FTM ($85.7 million). There’s also $100 million in stablecoins and $100 million in undisclosed cryptocurrencies, as well as $50 million in non crypto assets, per Cronje’s post.Fantom is a layer1 blockchain compatible with Ethereum Virtual Machine. The network competes with the likes of Solana, Avalanche and Polygon for Ethereum’s market dominance. but lets talk about the technical analysis

the blue line shows the important resistance (0.29$) for Ftm and if bulls breaking it, the next targets will be 0.31 - 0.4 and
if you managed to long at 0.17 its time to take some profit as well



Note
snapshot
we hit all targets ✅
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
broke the downtrend and 0.39 resistance
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Note
snapshot
Trade active
snapshot
Trade active
snapshot
Note
The Fantom Foundation has announced the details of its new L1 blockchain Sonic Network, which will be connected to Ethereum through a native cross-chain bridge. FTM token holders will migrate to Sonic's token S at a 1:1 ratio, which can be understood as Fantom 2.0.
Trade active
snapshot
Note
Fantom has announced partnership with Google Cloud to launch initiatives for developers to build next-gen dApps.
Trade active
snapshot
Trade active
snapshot
thnaks Andre for Rug
I didnt close my shorts yet
what a ride
Trade active
snapshot
stuck in rut
Trade active
snapshot
Fantom has been performing exceptionally well lately and has stayed within a specific price range and may continue to rise
andrecronjeBeyond Technical AnalysisChart PatternscryptopumpcryptosignalsDEFIFTMFTMBTCFTMUSDTFundamental AnalysissignalTechnical Analysis

Also on:

Disclaimer