As per technical data, the FTM market has turned overbought after rallying 230% in five weeks, with the coin’s momentum slowing down compared to the price boom.
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As per technical data, the FTM market has turned overbought after rallying 230% in five weeks, with the coin’s momentum slowing down compared to the price boom.
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Fantom has previously pledged to cut its token burn rate by 75% to incentivize DApp development.
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The Fantom Foundation’s attempt to dispel concerns about potential FTX exposure has been a success thus far for FTM price.
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The Yearn Finance founder suggested that several cracks have shown in the crypto sector this year, and that regulation is needed to “reign in irresponsible actors.”
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The statement comes amid ongoing speculation regarding the recent departure of two of its most prominent developers.
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The prominent developer and prolific project founder has stepped down from any involvement in the crypto and DeFi space following the spotty launch of the Solidly project.
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