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Fasttoken priceFTN
Fasttoken price calculator
More cryptocurrencies calculator >Fasttoken price live data summary
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About Fasttoken (FTN)
What Is Fasttoken?
Fastex is a web3 ecosystem, created to address the multifaceted demands of the decentralized digital landscape. Launched in January 2023, the project successfully raised $23.2 million through private and public sales of its native cryptocurrency, Fasttoken (FTN).
At its core, Fastex boasts the Fasttoken (FTN), the official cryptocurrency that seamlessly integrates with a plethora of web3-centric products. This integration encompasses the Fastex Chain, a public blockchain with the innovative Proof-of-Staked-Activity (POSA) consensus mechanism, and a versatile cryptocurrency exchange platform that facilitates both spot and OTC trading across a diverse range of crypto and fiat currencies.
Resources
Whitepaper: https://docs.fasttoken.com/fasttoken-official-whitepaper.pdf
Official Website: https://www.fasttoken.com/
How Does Fasttoken Work?
Fasttoken operates on a decentralized, EVM-compatible blockchain, Fastex Chain, utilizing a novel consensus mechanism called Proof-of-Staked-Activity (POSA). This mechanism allows for a fair distribution of block validation rewards among network participants and aims to create a scalable, multifunctional chain capable of providing various services to meet the demands of Web 3.0 infrastructure and beyond. The POSA blockchain uses smart contracts that allow validators to evaluate user actions, rewarding higher-quality work and identifying low-quality work.
The Fasttoken ecosystem includes a cryptocurrency exchange platform enabling both spot and OTC trading with a wide range of crypto and fiat currencies. It also features a unified payment system, designed to work seamlessly with the Fastex cryptocurrency exchange, allowing users to use the same wallet for all transactions related to both fiat and cryptocurrencies. Fasttoken also offers a decentralized platform that supports smart contracts, enabling developers to create decentralized applications (DApps) and execute programmable transactions seamlessly.
What is FTN Token?
FTN is the primary currency of the Fastex ecosystem. It serves as the official cryptocurrency of the Fastex exchange and ecosystem, or Fastex Verse. It is available for trade Bitget exchange, and it is integrated into various components of the Fasttoken ecosystem, including the ftNFT marketplace and Fastex Pay, allowing users to leverage it for a multitude of use cases and applications across various industries. FTN has a total supply of 1,000,000,000. The current circulating supply of FTN is 470,000,000.
What Determines Fasttoken's Price?
The price of Fasttoken (FTN) is determined by various factors, reflecting the dynamics of the cryptocurrency market and the perceptions of cryptocurrency enthusiasts and investors. Cryptocurrency price, including that of Fasttoken, is primarily influenced by supply and demand dynamics, market sentiment, and cryptocurrency news. When positive news circulates about Fasttoken, or when there is a favorable cryptocurrency analysis from experts and influencers, it can lead to increased demand, driving up the price. Conversely, negative news or critical analysis can lead to a decrease in demand and a subsequent drop in price.
In addition to market sentiment and news, the price of Fasttoken is also influenced by broader cryptocurrency trends and the overall state of the cryptocurrency market, including market volatility, regulation, and adoption. Cryptocurrency charts and crypto market analysis play a crucial role in price prediction, helping both beginners and experts in making informed decisions on whether to buy cryptocurrency, especially on leading exchanges such as Bitget, and in determining the best crypto investment for 2023 and beyond. As the crypto community continues to grow and evolve, the interplay of these factors will continue to shape the price of Fasttoken and other cryptocurrencies, highlighting the importance of diligent research, portfolio management, and staying informed about cryptocurrency events and developments.
Fasttoken price performance in USD
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How to buy Fasttoken(FTN)
Create Your Free Bitget Account
Verify Your Account
Buy Fasttoken (FTN)
Trade FTN perpetual futures
After having successfully signed up on Bitget and purchased USDT or FTN tokens, you can start trading derivatives, including FTN futures and margin trading to increase your income.
The current price of FTN is $2.69, with a 24h price change of +0.30%. Traders can profit by either going long or short onFTN futures.
Join FTN copy trading by following elite traders.
Fasttoken news
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Bitget launched FTNUSDT futures on October 9 , 2024 (UTC+8) with a maximum leverage of 20x. Welcome to try futures trading via our official website (www.bitget.com) or Bitget APP. FTNUSDT-M perpetual futures: Parameters Details Listing time October 9, 2024 18:00 (UTC+8) Underlying asset FTN Settlem
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Fasttoken Social Data
In the last 24 hours, the social media sentiment score for Fasttoken was 3, and the social media sentiment towards Fasttoken price trend was Bullish. The overall Fasttoken social media score was 0, which ranks 679 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Fasttoken being mentioned with a frequency ratio of 0%, ranking 842 among all cryptocurrencies.
In the last 24 hours, there were a total of 213 unique users discussing Fasttoken, with a total of Fasttoken mentions of 6. However, compared to the previous 24-hour period, the number of unique users increase by 6%, and the total number of mentions has decrease by 76%.
On Twitter, there were a total of 0 tweets mentioning Fasttoken in the last 24 hours. Among them, 0% are bullish on Fasttoken, 0% are bearish on Fasttoken, and 100% are neutral on Fasttoken.
On Reddit, there were 0 posts mentioning Fasttoken in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
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