Fantom [FTM] is growing and this new update might just be very helpful

Fantom [FTM] is growing and this new update might just be very helpful

April 14, 2023

By Suzuki Shillsalot

Read Fantom’s [FTM] Price Prediction 2023-24

Fantom [FTM] was one of the biggest gainers in the crypto market as per CoinMarketCap data, recording a 24-hour gain of more than 7%, at the time of writing.

The total transaction fees collected in the last week were the highest since November.

Despite the promising growth in transactions, network growth dipped 74% over the previous month.

Fantom [FTM] was one of the biggest gainers in the crypto market as per CoinMarketCap data, recording a 24-hour gain of more than 7% at the time of writing. On a year-to-date (YTD) basis, the token has more than doubled in value, underlining its dominance in the crypto space.

Its growing appeal was exemplified when it grabbed the fourth spot in the list of top coins, as per LunarCrush AltRank. Moreover, it recently clocked a six-month high in transaction fees. With healthy news coming from all quarters, the alt was getting ready for another major push.

Sending FTM via Twitter?

iME, a messaging platform-cum-crypto wallet, showcased its new feature through which FTM and other native tokens of the Fantom ecosystem could be sent via Twitter.

In a demonstration video, iMe explained the entire process right from linking Twitter with its messenger to transferring FTM tokens to a particular handle.

The idea of crypto payments on Twitter has been a source of immense media coverage in the last few months. Ever since Elon Musk took over the reins of the social media giant, rumors of him adopting Dogecoin [DOGE] as Twitter’s official payments network have done the rounds.