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Hype or no hype, Fantom will continue its ongoing bullish streak
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As Bitcoin, Ethereum and other top alts are still trying to establish a clear-cut trend, Fantom’s price has been rallying. The aforementioned alt’s valuation has risen by 14% in the past 24-hours alone. Even on the weekly window, FTM has fetched its HODLers over 10% returns.
Fantom’s TVL that made rapid strides over the past few days has started fumbling now. At press time, this number was seen revolving around $5.12 billion when compared to its 9 November highs of $6.15 billion.
Well, liquidity draining out of the protocol is obviously not a very healthy sign. Nonetheless, when zoomed out and viewed, the macro-uptrend still remains in-tact. In fact, minor deviations like the one just observed are a part and parcel of any ecosystem’s
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