The Fantom network is no longer experiencing the kind of adoption it was getting. This is because of the availability of more competing products like the Bitgert BEC20 blockchain . It is a cheaper and faster chain which makes Fantom appear inferior. Therefore, the FTM needs to work on its mainnet.
Read moreWhat will Fantom be worth?
The fantom crypto price prediction from algorithm-based forecasting site Wallet Investor projected that the coin could surpass the previous all-time high to reach $3.26 by March 2023 . The price could rise further to reach $11.2 by March 2027.
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