• Fantom’s next hit will be at $5.
• From Oct. 25, 2021, the Fantom Developer Conference will be held in Abu Dhabi.
• Analysts feel the conference is one of the key factors for FTM’s price rise.

A new wave is sweeping the crypto industry. Some cryptos feel the current. Fantom is a notable crypto that has taken a new step. Fantom (FTM), which is currently at 14.13%, is climbing so quickly that it’s hard to catch up. The crypto price has increased by 14.13% over the past 24 hours as of the writing.

The current market cap of the coin is $7,463,825,492 which ranks it 28th on CoinMarketCap. The coin’s value has reached its all-time high which is $2.93. FTM has been attracting a lot of curiosity, which is contributing to the coin’s rise. Fantom quietly makes a profit, which is unlike other popular cryptos.

Source: CoinMarketCap

FTM’s continued success in breaking bars has been more impressive than this. It continues to surprise investors as well as the entire crypto community. All the more, Fantom’s FTM price went from $2.31 as of October 19 to $2.93 on October 25, 2021. In the past 30 day, the market cap for the token is 7.5 million. What’s more, the crypto is running to hit $5 in no time.

Known as the ‘ Killer’, Fantom is a platform that allows users to build decentralized apps. The platform allows users to make their own NFT tokens. Fantom also aims to address problems associated with smart contract platforms. Fantom’s latest success is not just remarkable, it was also long predicted by its loyal hodlers.

FTM exists on various protocols — with Fantom’s own OPERA token all circulating, ERC-20, and BEP2. FTM’s total supply is 3.175 billion tokens. Currently, however, there are only 2,134 638 448 FTM in circulation. Fantom says that all the remainder will likely be made available by 2023. Fantom announced recently a $370 million FTM incentive program to reward protocols that build on the platform. It is part of their efforts to promote network growth.

The Fantom Developer Conference in Abu Dhabi has also been highlighted as a factor contributing to the surge. The conference will run from today through October 29, and is detailed below. Developers, founders, investors engineers, economic pioneers globally will gather for what the organizers termed ‘the most exclusive blockchain events anywhere’

Moe Levin (Keynote ADGM) comments on FantomDC.

It is a great pleasure to welcome another group of bright minds to the Emirates. We also look forward to meeting members from all over the Fantom network. In 2015, we committed to helping more people and bringing more money to Dubai to help them realize their Blockchain strategy.

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