[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 7 KB, 400x400, teryT6Hw_400x400.jpg [View same] [iqdb] [saucenao] [google]
53124453 No.53124453 [Reply] [Original]

How is Fantom's marketcap so low? I genuinely dont understand.

>> No.53124480

Andre rugged it to get back at roosh. That’s why

>> No.53124491

>>53124480
Even before that it was super low. Relative to other L1's. It remains perpetually undervalued. By a large margin.

>> No.53124529

>>53124491
It’s a centralized scam like the other l1’s, the difference is those had more powerful whales behind them. All fantom had was a shitty former Sourh African banker and a low status chink scammer (harry yeh)

>> No.53124687

>>53124529
Oh I see.
So there will probably come a time when VC's and big whales load up on FTM and start shilling it, then retail will throw themselves at it

>> No.53124756

>>53124453
probably because it's worthless

>> No.53124786

>last cycle ETH killer

remember to buy some Stratis and Wanchain with your FTM, anon

>> No.53125525

>>53124453
The fantom foundation doesn't care about it
t. insider

>> No.53125581

What tokens you guys buying on FTM?

>> No.53125867

>>53124453
If the FVM doesnt solve anything with their god awful node bootstrapping then its fucking pointless. They dont give a fuck on support either.
>Its taking too long to bootstrap, 2 years eta
>"Yeah just do snap"
>official documentation recommends something different for the purpose
>explain my problem
>get banned

>> No.53126859
File: 1.24 MB, 2500x1718, b8AyNwK[1].png [View same] [iqdb] [saucenao] [google]
53126859

>>53125581
TOMB, TSHARE, LIF3, LSHARE

>> No.53127013

>>53124453
Because it already exit scammed, OP. It's nothing more than a live honeypot and a slow rug.

>> No.53127077

>>53126859
Tomb shit is a big no

>> No.53127208

>>53124453
Until like two weeks ago the Foundation had no marketing people (Pomposi doesn't count) so the adoption was pretty slow.

>> No.53127273
File: 347 KB, 849x748, VALHALLA AWAITS.jpg [View same] [iqdb] [saucenao] [google]
53127273

>>53124453
Trust in Andre. Fantom will be top 10.

>> No.53127286

>>53127273
>Trust in Andre.
why would you

>> No.53127423

>>53124491
Bad tokenomics - there's are like 1,000,000 FTM circulating

>> No.53127520

>>53127286
Best scammer around

>> No.53127634

>>53127077
You are gonna get left behind.

>> No.53129143

>>53124491
MATIC is even better. I would like other L1 solving security problems like ORE.

>> No.53129196

>>53124453
It's one of dozens of ethereum clone ghost chains that nobody but it's bag holders give a shit about even during the bullrun, but particularly in crypto winter.

>> No.53129228

>>53129143

no it isn't you moron. MATIC is incredibly insecure and they don't actually have any working tech of their own.

>> No.53129341

>>53126859
I boughted 5 LSHARE what am I in for

>> No.53129354
File: 101 KB, 1066x1392, 4FC783B1-CDEC-4C60-AB3B-E206DFC2274F.jpg [View same] [iqdb] [saucenao] [google]
53129354

because no one uses
because andre dumped
because polygon is a thing

>> No.53129362

>>53129354
>because andre dumped
this never happened
Sandeep did however, dump indeed

>> No.53129378
File: 161 KB, 821x1501, E144B56C-F54A-4467-B9EB-B0C5BB68EF9D.jpg [View same] [iqdb] [saucenao] [google]
53129378

>>53129362
>this never happened
ok anon
also, MATIC retained its price WAY better than FTM did
go check the charts anon

>> No.53130577

>>53129341
You will have at least $50k by EOY.

>> No.53130788

>>53127423
meds, now.

>> No.53130887

>>53124453
it will go lower

>> No.53130958
File: 28 KB, 736x505, 20221226_190054.jpg [View same] [iqdb] [saucenao] [google]
53130958

>>53129378
I love fantom but I'd choose matic over it any day, you'd understand this if you know what polygon has achieved within the past couple of months.

My top 3 chains right now would be Matic, Fantom and Elrond

>> No.53131276

>>53130577
Hahah he's getting rekt

>> No.53131296

>>53124453
Ftm is so fucking underated

>> No.53131316

>>53130958
Matic 7b marketcap
FTM 500m marketcap

seems like good Risk to Reward going with FTM, easy 10x +
Matic maybe a 5x

>> No.53131332

>>53130958
would pick elrond any day too, they got a big project like holoride building on the chain

>> No.53131395

>>53131316
this anon gets it. Also, look at matics tokenomics 10B. I did really well on matic, bought around 0.019 but think FTM still is going to have more upside. Arbitrum and ETH could really make matic irrelavent

>> No.53131403

>>53131316
I'll take the guaranteed 5x over a 1% chance of getting a 10x

>> No.53131443

Fantom literally can't scale.
Have you people never tried to use it during any of the peak releases? It grinds to a halt. It's one of the worst networks I've ever used in that regard. Not to mention the networks poster boy rugged the entire thing because he was mad at a handful of whales.
I bought at 3c-10c and sold it all around $3. I'd suggest finding some new tech because FVM is never coming.

>> No.53131473

>>53131443
>It grinds to a halt
kek, now you're really talking about matic
hahahahaha

>> No.53131521

>>53131473
I've never used Matic, but the mcap comparisons are silly. Fantom isn't undervalued, Matic is just overvalued.

>> No.53131551
File: 51 KB, 960x768, ftm.jpg [View same] [iqdb] [saucenao] [google]
53131551

>>53131521
>>53131403
So here's the thing, for FTM to reach MATIC current MC, it doesn't even have to hit it's ATH. For MATIC to hit a 5x ($4.00) it has to pump almost 400%

sure MATIC is good, but PA wise they're running out of road.

>> No.53131661

>>53131551
Well sure either way if you're choosing between the two pick Fantom. I wouldn't pick anything in the top 50 mcap if you want to make actual money. I just think there's better options than either.

>> No.53131681

>>53131332
Heard about them, all that in-car metaverse vr gaming thing, seems interesting but depends on how well the product does.

>>53131521
No way you think MATIC is overvalued, have you seen the brands working with them/building on them?
Instagram, disney, reddit, coca-cola, starbucks, nike, adidas, ebay etc
Mention such brands that are working with fantom and we can discuss

>> No.53131735

>>53131681
We are far, far past the "partnership" era of crypto shilling anon. I've been in this space a long time. Long enough to know how meaningless this stuff is. It's all priced in.

>> No.53131874

>>53131551
Simple knowledge to know that fantom can outperform Matic

>> No.53131933

>>53131681
Recently ordered an Oculus quest 2 headset, would be my first experience with virtual reality

>> No.53131934

>>53127423
I bought FTM because the tokenomics are so good. The fuck are you talking about?

>> No.53131995

Hasn't fantom been fudded enough or are you guys still filling your bags?

>> No.53133055

>>53124453
Because it stole the Code of hedera hashgraph (HBAR), it copied their concept. You should buy the Real Thing (backed by IBM, Google and 27 others)

>> No.53133081
File: 8 KB, 261x215, 1672537335339653.png [View same] [iqdb] [saucenao] [google]
53133081

>>53133055
FANTOM STOLE THE HEDERA CODE AND IT WILL FOREVER MAKE ME SEETHE I WILL SPREAD THE TRUTH IN REDDIT

>> No.53134244

>>53133055
Pathetic

>> No.53134775

subhuman baggie cope developer said centralized ponzi can’t scale

>> No.53135070
File: 131 KB, 750x991, 1594321801223.jpg [View same] [iqdb] [saucenao] [google]
53135070

Not enough innovation to be worthy of being one of the best. Not anymore at least. So fucking glad I went out the moment Cronje said he'd dip. I settled down on XOR and DOT in general after years of being a baggie and thank fucking god again I did.

>> No.53135074

>>53129354
All of these.

>> No.53135139

>>53135070
This

AVAX, FTM, SOL. All of em are dying one by one, proving they are not bear proof. Not even storm proof, at least.

>> No.53135267

>>53125581
Tarot, easy. It's going to mooch off the successes of SolidlyETH and Thena, and will moon to god knows where when they start distributing fees from non-FTM chains to xTAROT stakers.

>> No.53135306
File: 4 KB, 230x219, download.jpg [View same] [iqdb] [saucenao] [google]
53135306

If you had ANY clue about Fantom, you'd know most "grass root" projects that were worth a damn are moving or have moved to arbitrum and other chains, or pretending to be "fantom centric" but are really multichain.

Fantom is a dead shit chain and will not have further growth. You are stuck in the past thinking "Fantom gave me 10x in the past, surely it can happen again".
No nigga, shit dead, don't get scammed.

>> No.53136279

>>53127077
checked. yeah, only the most retarded and delusional people would dare touch anything related to Tomb. retards like >>53127634 are gonna be so justed in 2023.

captcha: s4n0gs

>> No.53136476

>>53135139
>dying
30 year runway, retard

>> No.53137234
File: 20 KB, 330x413, IMG_0338.jpg [View same] [iqdb] [saucenao] [google]
53137234

>>53135306
>grass roots projects
>can't name one

>> No.53137286

>>53126859
Yuck.

Ps. Still waiting for air drops promised a year ago fron nigger yeh

>> No.53137942

>>53124453
In an article that Andre wrote a few months ago about the issues with projects he's been on he says that Fantoms issue is that the founders didn't keep enough tokens in the foundation. Which doesn't let them control the price as much as other L1's

>> No.53138396

>>53124491
I always wondered why Fantom and Avalanche were valued so low relative to Cardano/Solana/BSC/Polkadot etc, During the bull market both were basically at the top of every metric, But still got outperformed in the market (In term of ranking) by protocols that literally get no traction/tvl/innovation etc. Even now they're the most sound value to marketcap projects on the market.

We know it not about technical superiority because it never had major correlation to market performance and even if it did then Avalanche would probably top the charts, But it isn't the case. Somebody cursed them.

>> No.53139165

>>53129341
Im buying Tshare and Bshare

>> No.53139239

doesn't matter, what matters is how matic went from being the underdog to flipping avax, shib, tron, dai, dot, and sol this year. will be only a matter of time until polygon joins ethereum and bitcoin in the top 3

>> No.53139889

>>53137286
>He bought a token for airdrop
Of course you got rekt.

>> No.53139906

>>53137286
Why would u even want airdrops while the market is dead? Hes waiting for a good time to drop them ..