Developed by Dr. Ahn Byung, one of South Korea’s leading computer scientists, Fantom Coin (FTM) aims to facilitate the use of DeFi-based applications with a crypto project focused on smart contracts. The most fundamental feature that distinguishes FTM Coin from other projects is its unique consensus model known as Lachesis.
FTM, which is an ERC-20 token based on the Ethereum network, entered the market with the promise of processing thousands of transactions per second, unlike the Ethereum network.
FTM plays a critical role within the network, enabling high-capacity transactions. It provides direct access for those who want to invest in or use DeFi projects. In an official statement, it has been indicated that commercial and institutional names can use FTM for high-volume transactions.
At the time of writing, FTM Coin is ranked 164th with a 5% increase in the last 24 hours. The total market value of FTM Coin is approximately 45 million dollars, with a volume of 4 million dollars in the last 24 hours. The entire supply of FTM Coin is currently in circulation. Growth in its DeFi-focused operations is expected to continue.
What are the steps to purchase FNT Network Coin? Binance stands out as the most popular platform for users in this regard. The liquidity and security provided by Binance are reasons for investors’ preference, and it has been stated that FNT is listed on Binance.