Fantom's Native Token FTM Surges Over 190% in Four Weeks, Becoming Best-Performing Non-Meme Cryptocurrency Among Top 100 by Market Value

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Cointime2024/03/22 12:49

By:Cointime

Fantom's native token, FTM, has experienced a surge of over 190% in just four weeks, making it the best-performing non-meme cryptocurrency among the top 100 digital assets by market value. The token's market capitalization has increased to $3.29 billion, making it the 44th largest digital asset in the world. The impending Sonic upgrade for Fantom's layer 1 blockchain, which is expected to increase transaction processing speeds, may have contributed to the rise in investor interest. Meanwhile, Bitcoin has tested $66,000 during Asian trading hours and is expected to face more volatility in the near future.

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