A well-known cryptocurrency expert has been sharing his strategies amongst his followers on social media platform twitter. Andre Cronje, a renowned developer, has been tweeting out to his fan base that he is patiently waiting for the cryptoasset Fantom to fall back below $3. Cronje, is the developer who established the successful cryptocurrency Yearn Finance and continues to work closely with other crypto giants such as Ethereum.
The developers tweeting spree occurred shortly after the CEO of FTX mentioned Solana (SOL) in a separate post. The CEO of the cryptocurrency exchange platform, FTX, tweeted “I’ll buy as much SOL as you have, right now at $3. Sell me all you want”. The tweet originated from the user @SBF_FTX posted back in January of this year, at this time the price for buying the coin was around $3. Since the dialogue Solana’s Cryptocurrency value has steadily increased over several months and has risen to over $135 so far this year.
Fantom is another smart contact platform making headwind is the coin leverages directed acyclic graph (DAG) consensus mechanics. The crypto coin was trading for $1.04 and achieved a 24-hour trading volume of $626,1278,736. The Fantom Foundations’ objective is to tackle difficulties associated with existing smart-contract systems. the protocol also provides developers with Decentralised Finance (DeFi) initiatives.
Aside from Cronje’s tweets reaching his audience on twitter, the news managed to draw the attention of large swarms of the crypto community. As both FTM and SOL have experienced similar conditions and time in the spotlight, many speculators have gone as far to draw numerous comparisons and hope this will be reflected in Fantoms value.
If you are looking to Buy and Sell cryptocurrency, then you can head over to BC Bitcoin where you can safely start investing today.