Analysts believe that one Ethereum is worth (ETHThe challenger () is about to ignite massive rallies, and catch up with other crypto assets that are flying high.
Rager updates his video blog with a new update. tells Followers on the social network platform X (Fantom): 197.800FTMThis is his most confident trade for this year.
Rager believes Fantom’s migration to Sonic will push altcoins to new highs.
You can get an idea about how high it could go by looking at Fantom’s chart. The all-time close [is] The all-time record is $3.50, or around $3.30. This only brings the market capitalization to around $10-11 billion.
Fantom’s market capitalization is currently $0.70, which means it has a value of less than $2 billion. When you have L1s, L2s and a lot of other coins in general… I see Fantom or Sonic taking over those, and of course, that would put it around the top 20…
The fact that the Sonic migration has been so bullish for the token, I think the price could reach all-time levels again. It’s in a great place right now.”
Sonic is Fantom’s next-generation cryptocurrency that will “scale the network to unprecedented heights” The new technology can handle 2,000 transactions per minute. This new technology can also process 2,000 transactions per second. reduce Storage requirements can drop by 90% depending on the project.
Fantom is said to be migrating from Sonic. slated It is expected to be in Q4 this year, but exact dates are still not known.
Rager says that Fantom’s potential is to be a mirror of Solana.SOLThe parabolic rallies were observed from March 2023 through September of that year.
“I believe that under $1, with the current chart, anything is positive for Fantom. There’s going to be a big gap, and then a huge catch up over time.
We saw Solana have just have this major rip from $20 to $200 – 10x. Can we expect something similar to happen with FTM as well? Yeah… I do think it’s going to hit over $3 to $4 or a lot higher.”
FTM trades at $0.67 as of the time this article was written.
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