Yes, all the fundamental and technical indicators point to soaring FTM token prices, which will most probably help it break above $10 in the next few years. Further, trader and social media sentiments are strongly bullish on Fantom’s future price action. Looking at these indicators and the coin’s latest price action throughout the year, it is easy to see why most analysts believe Fantom is one rally from breaking above $10 - and such a rally is expected in or before 2025.
Look at it this way, Fantom caught up with the early 2021 crypto market rally late as its price started gaining momentum at the end of January, but it still rose 55-fold before the mid-May crash. In the last three months, the market has been in a recovery mode, and this has helped it shoot up by more than 13X. Given its current price of $2.35, FTM only needs to appreciate by 425% to break above $10.
We would also like to point out that some core partnerships between Fantom and both off-chain and blockchain-based enterprises, FTM ecosystem upgrades, and a thriving crypto market have had the biggest impact on FTM token prices. Therefore, if the bullish crypto market trend rallies on and Fantom keeps entering into strategic partnerships, we expect FTM’s token price to break above the current price in the next few months.
