FTM price jumps 30% in a day as Nansen adds support for Fantom network

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The price of FTM – the token behind the popular Fantom Network – has surged by up to 30% today. This comes after the announcement that data analytics provider Nansen has added support for it. Fantom is a smart contracts platform that uses the Proof of Stake consensus algorithm and is based on Direct Acylic Graph technology – it is also implemented by other projects such as Hedera Hashgraph and IOTA. In a press release from today, the team announced that Nansen – a well-known data analytics provider – has added support for blockchain. DeFi Lama reports that Fantom's total value is currently over $5 billion...

FTM price jumps 30% in a day as Nansen adds support for Fantom network

The price of FTM – the token behind the popular Fantom Network – has surged by up to 30% today. This comes after the announcement that data analytics provider Nansen has added support for it.

Fantom is a smart contracts platform that uses the Proof of Stake consensus algorithm and is based on Direct Acylic Graph technology – it is also implemented by other projects such as Hedera Hashgraph and IOTA. In one Press release As of today, the team announced that Nansen – a well-known data analytics provider – has added support for blockchain. DeFi Lama reports that Fantom's total value is currently over $5 billion, with a massive increase in the last 24 hours. As a result, the price of Fantom's native FTM token has increased by up to 30% today before returning to where it is currently trading:

ftmusd_chart FTM/USD. TradingView Once integrated, Fantom-based data will be visible on Nansen's dashboards and therefore more easily accessible. On this topic, Michael Kong, CEO of Fantom said:

Nansen Analytics will make innovative projects visible in the network and strengthen their successes. We are excited about the increasing use of Nansen for Fantom and the incredible wealth of information the analytics platform will make available.

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