Investors are seeing the Fantom (FTM) price climb to new highs, raising concerns about whether it is too late to buy. FTM is currently at $0.8744, up 35% in the past week, and this surge is attributed to a change in the SEC’s stance on Ethereum ETFs. Positive momentum has been injected into the market, with several companies filing applications for Ethereum ETFs. The recent focus on easier financial conditions and macro tailwinds has also contributed to FTM’s rise, making high-beta altcoins like Fantom sensitive to these changes.
The introduction of new upgrades like the Sonic technology by Fantom has also contributed to its recent price surge. The outlook for crypto markets is pointing towards more upside, which raises the question of whether it is too late to buy Fantom. Despite missing the recent price dip, FTM remains nearly 30% below its 2024 highs, making it an attractive option for investors. The current price is significantly lower than its long-term peak, offering potential gains if it surpasses previous highs. Therefore, it is not too late to buy Fantom as there is still room for growth in the market.
While Fantom presents a strong outlook for this bull market, some traders may be seeking alternative investment opportunities with potential for higher gains. One such option is Wiener AI (WAI), a meme coin with AI capabilities and staking rewards. The coin is currently offering a 396% APY on staking rewards, making it an attractive option for investors looking for passive income. With the potential to double initial investments in a few months, Wiener AI has drawn attention from crypto experts and analysts like Michael Wrubel, who ranks it as a top crypto for 2024.
Wiener AI stands out as a meme coin with unique features and potential for significant gains. As the project has already raised over $2.5 million in its presale, early investors have the opportunity to benefit from potential market leadership. At the current price of $0.000709, WAI’s market cap is under $50 million, presenting an attractive investment opportunity. Early investors in Wiener AI could see gains of 100x or more, making it a compelling alternative to consider alongside Fantom.
In conclusion, both Fantom and Wiener AI present unique investment opportunities in the current crypto market. While Fantom remains an attractive option with potential for significant growth, Wiener AI offers a different approach with staking rewards and AI capabilities. Investors seeking higher gains may find Wiener AI to be a compelling alternative to consider alongside Fantom. However, it is essential to note that crypto investments are high-risk assets, and individuals should conduct thorough research before making any investment decisions.
