Fantom (FTM) investors have endured a brutal week, witnessing their holdings shrink by over 20% in just seven days. The latest blow came within the past 24 hours, with a nearly 10% plunge leaving the token hovering around $0.37.
This stark price decline stands in stark contrast to the encouraging surge in Fantom’s network activity, raising questions about what’s driving the disconnect.
While increased transactions and user engagement are typically seen as positive indicators for a blockchain project, Fantom’s price remains stubbornly bearish.
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Will Fantom Network Volume Lift FTM Price?
This suggests that external factors, potentially broader market sentiment or negative news surrounding the project, are playing a more significant role in shaping the token’s value.
Investors are now left grappling with the uncertainty of whether Fantom’s robust network activity will be enough to overcome these
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