The removal of an article posted on Medium on how to get Free Fantom (FTM) Airdrop is a concern. The author’s suspended account is not the worry but the article showing up in search engines is.
Fantom does not need to give anything away to promote awareness for the crypto. Buyers may create an account on the Binance website or the app, select “buy crypto” and choose Fantom.
Fantom Prices
In the last week, prices faltered after breaking below the 0.4788 price support. On Jan. 3, prices trended at 0.44 before closing at 0.42 on Jan. 5. Weak stock markets are hurting FTM prices. More importantly, Bitcoin (BTC-USD) price volatility harms FTM prices.
FTM holders will need to accept the influence BTC prices have on the crypto. Markets are anxiously awaiting the Securities and Exchange Commission to approve a spot Bitcoin ETF. Delays would lead to a re-emergence in uncertainties on how the SEC would regulate the industry.
Watch FTM Volumes
Trading volumes for FTM will matter in the coming weeks. It needs volume growth before its investors increase their position. Without growth in popularity, peers like Blur, Dogecoin, and Uniswap will take FTM’s market share.
Your Takeaway
The FTM support price is anywhere between 0.20 and 0.30. The resistance is at 0.50 – 0.55, based on the one-year chart. Expect FTM to trade in a wide range as crypto markets turn their attention to Bitcoin.
