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Cryptocurrency Fantom Down More Than 11% Within 24 hours

Over the past 24 hours, Fantom's (CRYPTO: FTM) price has fallen 11.03% to $1.97. This continues its negative trend over the past week where it has experienced a 37.0% loss, moving from $3.07 to its current price.

The chart below compares the price movement and volatility for Fantom over the past 24 hours (left) to its price movement over the past week (right). The gray bands are bollinger bands, measuring the volatility for both the daily and weekly price movements. The wider the bands are, or the larger the gray area is at any given moment, the larger the volatility.

The trading volume for the coin has risen 15.0% over the past week diverging from the circulating supply of the coin, which has decreased 0.31%. This brings the circulating supply to 2.54 billion, which makes up an estimated 80.04% of its max supply of 3.17 billion. According to our data, the current market cap ranking for FTM is #28 at 5.03 billion.

Where Can You Buy Fantom?

If you are interested in purchasing Fantom and want to know the best cryptocurrency exchanges, follow this link to Benzinga Money.

Do you want to learn more about trading and be able to analyze your own portfolio of stocks or cryptocurrencies? Consider signing up for Benzinga Pro. Benzinga Pro gives you up-to-date news and analytics to empower your investing and trading strategy. You can follow the link here to visit.

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

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