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Why Fantom Was Soaring by Over 21% Today


Tuesday was a big day in the short history of on-the-rise cryptocurrency Fantom (CRYPTO: FTM). The coin was gaining more than 21% in value in mid-afternoon trading thanks to an important deal it secured with a fast-growing swap platform.

Earlier today, Fantom and 123swap announced a new partnership. 123swap, one of numerous platforms that allow cryptocurrency holders to -- yes -- swap their assets with relatively little friction, is integrating with Fantom. Being part of the 123swap ecosystem should raise the visibility of Fantom, and make it more attractive as a potential asset involved in swaps.

Image source: Getty Images.

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Source Fool.com

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