FTM

oracleifi

Yeah, it aint for long term. I better invest that on PINK, UNI, ALGO, FTM that has a brighter future. I also have meme coins but once i profited, i exit fast.

Mjbaker017

So I just have to say I sold half my FTM bag to make it pump ok got it!

Agitated-Bird-4333

That FTM pump is a bit strange. All of my coins have been crabbing in a range since the big dip on the 11th. In fact, they all have similar chart patterns. Except FTM which is at it's highest point since the 11th, 10 days ago. It busted through the top range. So I checked the charts to see which of my coins were near the top of their crab range. Only SUSHI and LRC. Hmm...wonder if it means something...

I_am_not_doing_this

FTM deserves in the top more than some coins like Tron which is in #15 right now

xiavi93

No way FTM will go up another 43 % cuz then i will get liquidated on short? Right??

LastFableCom

Some pumping action in GODS and FTM, hopefully it spreads to other coins

Caveman101SA

Well hopefully FTM regains it's former glory ... But I honestly not sure if it's true or not Was just answering on the possible reason f9r the ftm pump

DavidtheGoliath99

What is going on with FTM?

tsumy

Coinglass says that almost no one has been burned on FTM. But whales buying is not market manipulation, is just market. Or do you really believe that it went to 3 dòlars because of their fundamentals?

tsumy

Or someone get roasted big shorting FTM, or a whale has just decided to comeback there. Remember to take profits

XChristoff

Any reason to why FTM is pumping

mrlol124

Yeah, plus stablecoin is not FTM's main focus. They have so many other things going on.

mrlol124

Their stablecoin is Not like UST at all. The price of FTM, doesnt care if FUSD isnt pegged to a dollar. Thats why the peg has been off for so many months. Its a nice little thing if FUSD is at 1$, but for the price of FTM it doesnt matter, because it has a limited supply. Ill link a twitter thread where this is explaindd.

juunhoad

I've editted my comment with my opinions about FTM!

Mjbaker017

See that's why I come here to ease my mind about it lmao. I've seen alot of people talk about it and claim it's is a algo stable coin. I just wonder if FTM has more room to drastically drop or not because it's definitely more oversold than other projects

juunhoad

>I know they have a stable coin Lmao, what do you even mean with this? FTM is a smart contract chain token, not a algo stablecoin like LUNA.

Mjbaker017

So whats everyone's opinion on FTM I know they have a stable coin blah blah but I do like and want to believe in the project I sold half of my bag when LUNA crashed but kinda wondering if I should buy it back now.

ltcbtce

Still 5x low in the FTM, need more than 5% to go at the break even.

milonuttigrain

FTM is in green That’s impressive in this red day

DarKovski-2

FTM right now has a ton of FUD swirling around it, andre left the team as well which was initial giant Cascade drop it suffered. The tech, and ecosystem are in place. It's a risky investment right now. However may be high risk high reward. Never thought I would see Fantom this low. I made a nice chunk of change selling FTM right after Saudi conference last October.

Responsible-Plate-66

Are FTM and XTZ done for? Or does it have any good long term outlook? What price would you look at throwing in some fiat at these?

jun_039

LQDR, SPIRIT, BOO, FTM, BTC, CATE. what to add?

buzzbooz

True u should believe in the tech and other fundamentals to invest in the project But I can't imagine how people make 370x in a year like Luna or 800x in FTM They had long time to sell but no we are undervalued compared to ETH wtf Greed is unbelievable And most of alts hodler they will hodl for years to recover last year prices And might not happen! Remember ICX iota etc same story

mrdeezy

If you guys are actually "traders" just stop now. You don't now what you are doing. FTM is fully retracing, it doesn't matter what you "believe in". The market is going to bounce on the way down. We are in a recession now, none of these crypto assets are going to do anything until maybe the end of the year. You bought Fantom with zero signs of reversal 2 months ago after 7 out of 8 red weekly candles? Seriously, just stop.

stongamuse

My first pick for the FTM was in the last bull run and it was around 3$ mark something here and there. But i saw last week they are hovering around .8 mark now not even on that mark is well.

xiavi93

Doing same with RUNE, APE, AVAX and FTM. So far so fucking good.

tsumy

FTM3S on kucoin is close to that a lot of days 🙃

NoAverage9216

FTM is a head scratcher for me, moral is super low, holders don’t really understand the price right now but I would not be surprised if it does a 10x soon I also would not be surprised if it goes to .10 and stays there for a long time

Responsible-Plate-66

How safe would it be to buy some FTM and LRC at this point? I have some spare fiat..

RiddyD

As a FTM holder, this concerns me

nchapmn

just opened up some shorts on ONE and FTM. lets dump it!!

chuck_portis

FUSD is a different issue. FUSD was just an attempt by Fantom Foundation to get traction for their stablecoin. They listed it on Scream to help build out the ecosystem. At the end of the day, there is easily enough FTM to collateralize FUSD. There is 60M FUSD in circulation. Fantom Foundation is WAY more capitalized than DEUS Finance. Both were a mistake. The Fantom Foundation can fix the FUSD situation. DEUS is legitimately insolvent.

lawler738

I also thought that FTM is superior but this near market just fade everything away.

Korlone

Idk, I think Scream creating an exploit on their own platform just for Deus is a little tin foil hat don't you think? Also, if they did it to benefit Deus as a backroom deal why did they do the same thing for the fUSD pool as well resulting in a bunch of other OG FTM whales exploiting the lending pools for the majority of the bad debt? You didn't answer anything I asked previously.

almir1000

I stop looking at the FTM, feels like he is not gonna survive that.

noxGOX_45

I am very scared right now about my few other coin like FTM.

LightninHooker

Isn't FTM like a defi cesspool ?

Synopticretrofit

But this is not the first time he is bleeding, my portfolio is just disappeared for the FTM.

dingytheman

This dude wrote this in another thread at more or less the same time he wrote here "Today, I completely dumped my FTM, all my friends did the same thing."

xangchi

My strategy is to stake and DCA into BTC, ETH, MATIC, OCEAN, FTM and ATOM.

NoAverage9216

I don’t know what to do or think about FTM. Could be the next LUNA or pump to $5 and I would not be surprised

Sorry_Attitude_

as far as i know officially theyre not 100% cash but if needed cash can be pumped But algorithmic coins are stupid and hope the trend stops except for stuff like DAI and it's copies like STBL on algorand that's tied to a Dex FTM also made an algorithmic token now it is just a matter of time until it pop like UST Hope the Kadena foundation doesn't do the same mistake, i think Kaddex dex could copy Algorand's AlgoFi but the chain itself shouldnt peg itself to the dollar or it will ruin it

Frenchiie

right... what broke LUNA was that they kept burning LUNA to keep the stablecoin pegged. I still don't think this is a great solution, won't the volatility of FTM, especially in a downmarket cause the collateral to get liquidated much more easily and have FUSD be de-pegged? Also won't the liquidation cause FTM to tank further and in a way create death spiral until everything is fully liquidated?

Sorry_Attitude_

A stablecoin supported collateralized by the native token cannot survive as it just gets stuck in a feedback loop 200% overcollateralization will probably not make the crash as worse and the run up as good but it is still not safe if it is only collateralized by FTM If you want my advice, if you're in a new chain like Algorand, Near or Kadena, and they try to do this shit, vote against it or you will get ruined These things are not even safe in theory, much less practice. So probably best to keep stuff like Algo's stbl small and confined to it's platform only not everywhere Kaddex has no plans to build it afaik which is good

totalolage

An over-collateralised stablecoin physically cannot lose its peg, because to keep the peg, the collateral is liquidated. This is different from printing more of the supporting token (Luna) because it decreases supply on depeg instead of increasing it. Once FTM goes to actual physical 0, there would be no fUSD left in the world to be depegged, because it would all have been burned alongside its collateral being liquidated.

skylargrey1111

because FTM is a pile of shit and always has been

tre-marley

Yes FTM's stablecoin could fail like the rest of them. But people need a stablecoin that isn't backed by dollars in some bank account, such as $LUSD. Most people that use crypto, rely on $USDC & $USDT to keep their money safe. This could end very badly. They can have the same fate as $UST if their collateral is seized. Recent events show that this is a likely outcome.

JeSuisCharlieMartel

\>If $FTM falls in price, it will liquidate loans, and their stablecoin would remain pegged (as long as possible) just like LUNA, as long as possible until it's not worth shit and trust is gone. which is what's going to happen. \>Using a Cryptocurrency as collateral for a stablecoin is alot more responsible than using USD or and Hard Asset because dollars and Hard Assets can be seized by governments. \>Cryptocurrencies don't. lmao what

Frenchiie

do you know what they are using to collateralize with? FTM.

tre-marley

$FTM has a max supply of 3,175,000,000 FTM. Using FTM does as collateral hasn't got the same risk as using $LUNA, as $LUNA had an infinite mint glitch. If $FTM falls in price, it will liquidate loans, and their stablecoin would remain pegged (as long as possible) Using a Cryptocurrency as collateral for a stablecoin is alot more responsible than using USD or and Hard Asset because dollars and Hard Assets can be seized by governments. Cryptocurrencies don't.

FacetiousInvective

I would do the same, ETH MATIC and hesitating between ONE FTM and ADA and LRC xD

Prized-Man

Honestly FTM is way too early to decide on. If it was me I'd wait a few months before buying any. Not worried about Rose myself. No idea about ONE, I have seen u/DBRiMatt shilling it alot that's all

RiddyD

I have a big bags of ONE, FTM & ROSE. ROSE I’m not worried about because what they’re doing is great stuff however ONE took absolutely forever to even reach $0.20 and has just been wrecked, same with FTM, I heard the teams going away from action ever since Andre left…

Ill-Ad1603

Thinking of FTM hurts my kidneys

rsicher1

I bought alot of FTM this year I'm in pain

Ill_Aardvark3846

u/officialnewmoonville loved FTM rip 🪦

DarKovski-2

Is anybody bullish on FTM at these prices? I see a lot of Fud regarding FTMs new "stablecoin" FUSD currently at 79 cents to the US dollar

smileman94

FTM at this price is very good buy but i am already very low on that.

SeliciousSedicious

FTM is about as worthless as Luna.

diomediocre

Aren't they supposed to save FTM with their fUSD proposal? I've gotta figure anything around the ecosystem that's shortable will take a nice smack.

assinuss

I think FTM shows some great sign in the last bull run.

gabtotal

I understand you, but that 1k could mean 100k very easily in the next bullrun or even more. You just have to do your homework and go trough the lowcap gems. For example, I bought FTM at 0.02 (lowkey flex). I would advise you to try to move away from every coin at the top 100 which is not BTC or ETH unless you have a huge capital and you are fine with 3-6x. Crypto is a crazy market you should chase the 30-50-100x projects imo, not the ones which already boomed. Just my two cents.

caged2break

No FTM? 🤔

ThePineal

Can use USDC or FTM on Unidex

SquatDeadliftBench

It doesn't. FTM dropped when a dev left. Then a whale got liquidated which further wrecked the price. After, the market crashed. Driving the price from about 2$ to like 20 cents. At this point, the core of the moon is the limit for this coin. That is if you started at the surface of the moon and were trying to go up, price-wise.

Sketchy-Lefty25

“DEI lost as much as 46 cents in European hours this morning. It follows a trend of several algorithmic stablecoins losing their pegs.” Don’t own any of that stablecoin but I do own some FTM. We’ll see how this turns out

Oops-better-run

I like BSC overall, it seems to be a decent chain, who knows if it survives with so many like it, aka AVAX, FTM, ETH, SOL, and so one

Exotic_Cantaloupe_96

Truly my advice is to buy only BTC and ETH for the foreseeable future if you want safety. Between ALGO, FTM and LRC, I trust ALGO more. FTM has potential if it can overcome the implications of the founder who left. As to the details, yes I think it is better for everyone to do their own research.

Responsible-Plate-66

Shill me some FTM.. is it a long termer? Why?

Exotic_Cantaloupe_96

Between these 3 I'd say mainly Algo and some FTM.

Responsible-Plate-66

what i buy of these rn : Algo, FTM, LRC?

dstar09

That’s how I do it. But now my FTM ⬇️ 80%

kain9951

The whole market is down, some coins beat harder than others. Nice time to accumulate more FTM, a 10x in the next bull run is more than possible. ​ NFA & WAGMI

Sensitive_Salary_603

What happened to FTM.... it has been beaten to a pulse and drop even below 1B. Other than usual bad market conditions of course? I haven't been following them as much.

MajorMathematician61

What do you guys think about FTM? Just bought some and I’m wondering if it was a good buy

Dannymalice

I quite like FTM. Surprised more people aren't sticking up for it here

XChristoff

Good feeling for FTM in the upcoming weeks! Fill your bags

PremdeepVR

10k each on BTC, ETH, ADA, SOL, Matic, Doge, FTM, ONE, DOT and ALGO

Winter-Elderberry657

10K FTM 5k Algo just to piss off Algo maxis 5K ONE 2K each in NFT game tokens. 2 Bitcoin.

xangchi

Well said. There are lots of great projects anyone in the market anyone can invest in for the long term. ETH, ATOM, MATIC, PSDN, H2O, FTM, are some of the ones in my list.

Winter-Elderberry657

I admit that I do not understand how the use-case of one DEXchain makes it better than the others. Like why Algo, and not KDA, FTM, ONE, CAKE, SOLO, etc... I understand why NFT games are profitable because they burn the token to make new NFTs for trade and gameplay. The competitive player base fuels the token's growth, allowing the devs to add more features. On a DEXchain token, I can only profit from speculation because my staked token drops on some whale's whim, that 7% APY means jackshit.

Crypto_Fi

Fair point. I didn’t express my self properly pardon. DeFi is definitely the main use case as of today but I am becoming wary on hyper incentives on farming. In my opinion DeFi should come gradually and be battle tested, with organic adoption - not following mercenary liquidity and short term hyper incentives. I believe FTM has been following the latter, particularly relying on personalities (Cronje, Sesta) and potential degen plays. I feel an ecosystem like AVAX kinda more balanced, with a strong share of DeFi but also GameFi, NFT, cross-chain projects etc, which can drive adoption and therefore DeFi (and not the contrary).

Ruiiter

I'd pick FTM

Tiddyphuk

FTM

Luis_Stormblessed

Not low cap but I like FTM

RiddyD

Brother wheres the FTM & ONE?!

Dreampopgazer

LUNA 30m chart showing same pattern as the ONE and FTM weekly charts - a double top after a parabolic run. 0.00006 is my target to take profits on short from 0.0004.