Fantom (FTM) Regains Momentum After Weeks Long Bleed – Will This Continue?

The market opened today with enthusiasm, seeing a rebound after last week’s slippage. According to CoinGecko, the entire market is up more than 3% today. This led to the bulls overtaking the bearish momentum, pulling several altcoins to the top of the list. Fantom is one of those tokens hoping for a bullish reversal. Last week, FTM was down nearly 10%, but bulls regained initiative and the token is up almost 6% today. This, along with an upcoming release might make investors and traders buy into the market’s bullishness. Related Reading: Technical Indicators Show Strong Bitcoin Bullishness – New ATH On The Horizon? Magic Is In The Air With Fantom/Sonic x Alchemy Partnership Last Saturday, July 27th, the Fantom Foundation and Sonic Labs started an X broadcast with Alchemy, a blockchain infrastructure company, discussing the pros of the partnership between the organizations.

Jul 29, 2024 - 14:00

Fantom (FTM) Regains Momentum After Weeks Long Bleed – Will This Continue?

The market opened today with enthusiasm, seeing a rebound after last week’s slippage. According to CoinGecko, the entire market is up more than 3% today. This led to the bulls overtaking the bearish momentum, pulling several altcoins to the top of the list. Fantom is one of those tokens hoping for a bullish reversal. Last week, FTM was down nearly 10%, but bulls regained initiative and the token is up almost 6% today. This, along with an upcoming release might make investors and traders buy into the market’s bullishness.

Magic Is In The Air With Fantom/Sonic x Alchemy Partnership

Last Saturday, July 27th, the Fantom Foundation and Sonic Labs started an X broadcast with Alchemy, a blockchain infrastructure company, discussing the pros of the partnership between the organizations.