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The ‘right time’ for Fantom’s next rally is just round the corner
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ambcrypto.comShattering records has sort of become routine for Fantom at this point. As highlighted recently, this alt has appreciated by more than 7000% since the beginning of this year. Unlike the astronomical surges of other coins, FTM’s surge has largely been organic and supported by fundamentals.
The TVL locked on this DeFi platform has grown the most since September when compared to the likes of Avalanche, Solana, Tron, Ethereum or Polygon.
FTM’s price did react positively initially, rallied to a fair extent, but ended up slowing down on 9 November. In fact, it has been depreciating in value since then. So, is the coin just waiting for the “right time” to react or continue pumping, or has it stepped into its bearish phase already?
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