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FTM One of Most Used Smart Contacts in Last 24 Hours

FTM One of Most Used Smart Contacts in Last 24 Hours Altcoin News
  • FTM is one of the most used smart contracts among the top 500 ETH whales in the last 24 hours.
  • This might have been driven by speculation that Andre Cronje is returning to the project.
  • FTM is currently worth $0.3554 after a 0.38% drop in price over the last 24 hours.

According to a Twitter post by WhaleStats from May 28, Fantom is one of the most used smart contracts among the top 500 ETH whales in the last 24 hours. The Twitter user mentioned other crypto like UNI, MANA, MATIC, BAT, and AAVE in the list.

This might have been driven by speculation that Andre Cronje, a well-known decentralized finance (DeFi) developer, is returning to the project. This comes after Cronje announced three months ago that he and his fellow developer, Anton Nell, will be leaving the crypto space for good.

Cronje was also recently spotted working on BitHub working on fMint protocol, Fantom’s platform for minting fUSD, the blockchain’s native stablecoin which suffered a de-pegging over the last few weeks.

Fantom currently occupies the 56th position on CoinMarketCap’s list in terms of market cap. This places FTM right behind eCash (XEC) in the 55th spot, and in front of IOTA (MIOTA) in the 57th spot.

FTM is currently worth $0.3554 after a 0.38% drop in price over the last 24 hours and reaching a high of $0.3772 over the same time period. The crypto also saw a 3.53% drop over the last seven days.

This price translates to around 0.0000123 BTC and 0.0002011 ETH.

Fantom’s market cap currently stands at $901,394,190. FTM also saw a 24-hour trading volume of $328,911,649 or 928,652,770FTM. This number is down 26.37% from yesterday.

The current supply of FTM in supply is around 2.55B.

Danielle has a post graduate degree in Criminology. She is an active investor in the crypto space and is on a mission to learn more and share what she learns with the community.