• The crypto markets have experienced a series of downturns over the past year, with certain platforms making strides in upgrades and features while others like Fantom are struggling to regain stability.
• Fantom (FTM) has faced limited adoption from investors and users due to its inability to outperform Ethereum.
• Tradecurve (TCRV) is projected to be a better investment than Fantom, offering lower fees, comprehensive trading lessons, discounts, staking rewards, and more.
Crypto Market Downturn
The crypto markets have experienced a series of downturns over the past year. While certain platforms including new entrants like Tradecurve are making strides in upgrades and improving their features, others like Fantom are struggling to regain stability.
Fantom (FTM) is a layer 1 network designed to offer scalability for DeFi and crypto DApps. It has even been hailed as a significant competitor to Ethereum. With a transaction processing capacity of up to 3,000 transactions per second, Fantom surpasses Ethereum’s capability of around 15 transactions per second. Furthermore, Fantom boasts lower fees compared to Ethereum. Despite the performance of its blockchain, Fantom has faced limited adoption from investors and users. At the beginning of 2023, the price of its native token experienced a rapid surge from a December low of $0.19 to over $0.60 but recently encountered a period of underperformance erasing most gains from Janauary bull run . According CoinMarketCap data ,Fantom (FTM) is currently trading at $0.300217 with 24-hour trading volume at $70m which shows decline in market activity .
Tradecurve Surges Ahead
While Fantom has failed to surpass Ethereum, Tradecurve is looking take over DeFi sector with its hybrid trading platform that will send competitors like Binance and Robinhood scampering for safety .In few weeks ,the TCRV token experienced an impressive surge by 20% as its price rose from $0.015-$0 0 18 .Moreover ,the platform offers lower fees ,comprehensive trading lessons ,discounts ,staking rewards copy trading protection against negative balances & AI algorithmic trading which makes it more attractive for investors & users .
In conclusion ,Fantom (FTM) struggles continues as it fails compare itself with ethereum whereas Tradecurve on other hand looks set up take lead in DeFi sector with its range utilities such as governance rights ,stacking rewards & copy trading etc .Therefore investors should consider investing in Tradecurve rather than waiting for another bull run on FTM tokens