Fantom (FTM) Pulls Back After Hitting $2 Bln Market Cap

The recent rally across the board in the cryptocurrency space has resulted in many of the tokens recording considerable gains. One of the major gainers in recent times has been Fantom (FTM), which is related to the well-known Fantom blockchain platform.

Analysts believe that FTM is on the verge of hitting its all-time high of $0.815 per coin soon and in this sort of a situation, it might be a good idea for investors to perhaps start taking a bit more interest in it.

It is also necessary to note that the growth in Fantom has been quite impressive in recent times and now the cryptocurrency commands a market cap of as much as $2 billion. The Fantom blockchain platform has seen major growth in recent days and the number of transactions completed on its platform has also gone up to hundreds of thousands. That seems to have been reflected in the FTM price as well.