Fasttoken (FTN) Tokenomics
Fasttoken (FTN) Tokenomics & Price Analysis
Explore key tokenomics and price data for Fasttoken (FTN), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.
Fasttoken (FTN) Information
What is Fasttoken (FTN)? FTN is the native coin of Bahamut - public, layer 1 EVM-based blockchain solution with a novelty consensus - PoSA. PoSA stands for Proof of Stake and Activity, where Activity is represented by the amount of gas spent by users when interacting with a validator-deployed smart contract. The more gas usage the given smart contract has, the more chances for the validator-deployer to become a block producer in future epochs.
What makes Bahamut unique? The main unique aspect of Bahamut is the PoSA consensus, which introduces new ways for businesses to monetize their user base, while preserving the integrity and transparency of the web3 space.
History of Fasttoken (FTN): FTN was originally an ERC20 token of SoftConstruct and Fastex ecosystems. After Bahamut mainnet launched on May 3, 2023 with FTN as its native coin, the migration process started from Ethereum to Bahamut and is still an ongoing process.
What’s next for Bahamut? The infrastructure of Bahamut is constantly growing - users can expect decentralized exchanges, various apps, bridge services, and other essential aspects to be available on Bahamut before the end of the year. Also, Bahamut grant program is under way and will open the doors to everyone who wants to build a better decentralized future together.
What can Fasttoken (FTN) be used for? FTN is used in a variety of providers as a gaming token, and also the native coin for Bahamut network.
Fasttoken (FTN) Tokenomics: Key Metrics Explained and Use Cases
Understanding the tokenomics of Fasttoken (FTN) is essential for analysing its long-term value, sustainability, and potential.
Key Metrics and How They Are Calculated:
Total Supply:
The maximum number of FTN tokens that have been or will ever be created.
Circulating Supply:
The number of tokens currently available on the market and in public hands.
Max Supply:
The hard cap on how many FTN tokens can exist in total.
FDV (Fully Diluted Valuation):
Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.
Inflation Rate:
Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.
Why Do These Metrics Matter for Traders?
High circulating supply = greater liquidity.
Limited max supply + low inflation = potential for long-term price appreciation.
Transparent token distribution = better trust in the project and lower risk of centralised control.
High FDV with low current market cap = possible overvaluation signals.
Now that you understand FTN's tokenomics, explore FTN token's live price!
FTN Price Prediction
Want to know where FTN might be heading? Our FTN price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.
Why Should You Choose MEXC?
MEXC is one of the world's top crypto exchanges, trusted by millions of users globally. Whether you're a beginner or a pro, MEXC is your easiest way to crypto.
Disclaimer
Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.
Please read and understand the User Agreement and Privacy Policy
HOT
Currently trending cryptocurrencies that are gaining significant market attention
TOP Volume
The cryptocurrencies with the highest trading volume
Newly Added
Recently listed cryptocurrencies that are available for trading
Top Gainers
24H crypto top gainers that every trader should look out for