Sonic

Sonic (prev. FTM)

Fantom (Migrated to Sonic)

<p>Fantom’s transition to Sonic Labs is showing promising signs for token holders. This week, <a href="https://captainaltcoin.com/fantom-ftm-price-pumps-theres-a-lot-to-like-says-elite-crypto-analyst/" target="_blank" rel="noopener noreferrer nofollow">the FTM price pumped</a> of over 20%, which appears to be closely linked to the ongoing developments surrounding Sonic Labs.</p>
<h2 class="wp-block-heading" id="partnerships-and-ecosystem-expansion">Partnerships and Ecosystem Expansion</h2>
<p>Sonic Labs is making notable strides in building its ecosystem. The team recently announced an exciting collaboration between SellekArt and Froyd_Art for the Shards NFT artwork. A wallet snapshot is scheduled for December 1st, which will determine the whitelist for an exclusive NFT that carries points for a substantial ~$200 million $S airdrop.</p>
<p>The project has also deepened its partnership with Rabby_io, marking a milestone as the first integration in Rabby’s Ecosystem tab. This integration will offer users the ability to track airdrop points, with forthcoming features including $FTM migration and $S staking.</p>
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   <p lang="en" dir="ltr">We're excited to share that <a href="https://twitter.com/SellekArt?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@SellekArt</a> and <a href="https://twitter.com/froyd_art?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">@Froyd_Art</a> are teaming up for the Shards NFT artwork <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f440.png" alt="👀" class="wp-smiley" style="height: 1em; max-height: 1em;"><br><br>Remember, we'll snapshot wallets holding all six Shards on Dec 1 for the whitelist.<br><br>The exclusive NFT holds points for the ~$200 million <a href="https://twitter.com/search?q=%24S&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$S</a> airdrop.<br><br><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f517.png" alt="🔗" class="wp-smiley" style="height: 1em; max-height: 1em;"> <a href="https://t.co/kBOTVHjvqt" target="_blank" rel="noopener noreferrer nofollow">https://t.co/kBOTVHjvqt</a> <a href="https://t.co/0PMsRWhZ8a" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/0PMsRWhZ8a</a></p>— Sonic Labs (prev. Fantom) <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4a5.png" alt="💥" class="wp-smiley" style="height: 1em; max-height: 1em;"> (@0xSonicLabs) <a href="https://twitter.com/0xSonicLabs/status/1862482969673572503?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 29, 2024</a>
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<h2 class="wp-block-heading" id="technical-analysis-by-crypto-analyst-pruden">Technical Analysis by Crypto Analyst Pruden</h2>
<p>Renowned crypto analyst Pruden provided an in-depth analysis of Fantom’s price movements on the weekly chart, offering insights into the token’s recent performance and potential future trajectory.</p>
<p>The analysis highlights Fantom’s remarkable price history, including a significant rally that reached its all-time high in late 2021 or early 2022, followed by a sharp correction and prolonged downtrend. Recently, the cryptocurrency has shown signs of recovery, consolidating around the $0.26 support level before initiating a notable uptrend.</p>
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   <p lang="en" dir="ltr"><a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FTM</a><br><br>Probably the best entry to load more bags! <br><br>First target is $2 after the breakout from $1.229.<br><br>Then, <a href="https://twitter.com/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">$FTM</a> will break ATH easily. <br><br>Do the needful. <a href="https://t.co/Vzp2sJchYu" target="_blank" rel="noopener noreferrer nofollow">pic.twitter.com/Vzp2sJchYu</a></p>— P R U D E N T <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f4ca.png" alt="📊" class="wp-smiley" style="height: 1em; max-height: 1em;"> ( <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/265f.png" alt="♟" class="wp-smiley" style="height: 1em; max-height: 1em;">, <img src="https://s.w.org/images/core/emoji/15.0.3/72x72/265f.png" alt="♟" class="wp-smiley" style="height: 1em; max-height: 1em;">) (@PrudentSammy) <a href="https://twitter.com/PrudentSammy/status/1862650175224693216?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">November 30, 2024</a>
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<p>Pruden’s analysis identifies several critical price levels. The breakout above the $1.229 resistance is particularly significant, suggesting a potential shift from a bearish to a bullish market sentiment. The next potential resistance levels are marked at $2.081 and $3.689 – the latter representing the previous all-time high.</p>
<p>The chart indicates a transition from a downtrend to an uptrend, with the breakout above $1.229 signaling strong bullish momentum. While volume data was not explicitly detailed, the price action suggests increasing buying pressure.</p>
<p>Pruden’s tweet analysis further reinforces the optimistic outlook, hinting at a potential short-term price target of $2 and suggesting the possibility of a parabolic rally that could challenge the previous all-time high.</p>
<p><em><strong>Read also: <a href="https://captainaltcoin.com/analyst-calls-kaspa-a-better-bitcoin-heres-why-kas-is-groundbreaking/" target="_blank" rel="noopener noreferrer nofollow">Analyst Calls Kaspa a ‘Better Bitcoin’ – Here’s Why KAS Is Groundbreaking</a></strong></em></p>
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<p>The post <a href="https://captainaltcoin.com/fantom-ftm-price-pumps-amid-ongoing-sonic-labs-developments/" rel="noopener noreferrer nofollow">Fantom (FTM) Price Pumps Amid Ongoing Sonic Labs Developments</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Fantom (FTM) Price Pumps Amid Ongoing Sonic Labs Developments

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