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With 553% growth, Fantom is fastest growing major blockchain in DeFi since September
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ambcrypto.comFantom (FTM) has gained almost 7,000% since the start of this year — that’s even more than the popular crypto Dogecoin (DOGE). Even though it’s currently trading in the red zone ($2.54, 4% correction), Fantom’s YTD price is still up as investors pile into various Ethereum (ETH) alternatives.
Is Fantom a supercharged Ethereum?
The #35 layer-one blockchain platform, Fantom has witnessed immense traction within the crypto community in recent months. It is even considered as a direct rival compared to Ethereum, the largest alt token. Here, developers could deploy smart contracts, just like on Ethereum. Also, they could use the same tools and programming languages since Fantom is EVM compatible.
This coupled with its fee structure gives it the
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