Investing in cryptocurrency requires professional analytical skills. However, if you take a look at the cryptograph of Fantom for the last 24-hours, even inexperienced traders can notice the curvy line that goes upwards which respectively represents the token’s jump.
The coin has been increasing from the last week, the gain is making up approximately 27%. For today, the coin’s valuation is $2.43 with a market capitalization of $5,913,619,981, which brings up the coin on the #34 place among other cryptocurrencies.
Some crypto-investors are calling Fantom Ethereum-killer. Fantom is a platform where the users can build decentralized applications and also create NFT tokens. Fantom belongs to the blockchain generation that solves the scalability problem of Ethereum. According to representatives of the project, the network can conduct up to 300 thousand transactions per second. The Fantom Opera network is compatible with the Ethereum Virtual Machine (EVM) and also integrates with the Cosmos SDK.