VORTECS™ Spotlight: Fantom’s 500%+ rally was signalled by this key trading metric
Cointelegraph
Published Sep 09, 2021 06:06PM ET
Updated Sep 09, 2021 07:40PM ET
Fantom’s FTM asset has been one of the top trending tokens of the week, and it barely noticed Bitcoin’s (BTC) midweek swoon that halted many altcoin rallies. Despite Bitcoin’s price dropping below $43,000, FTM has added 114% in U.S. dollar terms and 127% in its BTC pair over the last seven days.
FTM’s monthly stats look even more impressive, with nearly 500% growth against both benchmarks. While it is par for the course for altcoins to rally when Bitcoin consolidates, FTM’s price movement is completely asymmetrical to most of its peers.
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Written By: Cointelegraph
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