The MetaMask is an extremely popular crypto wallet, which is based on Ethereum and also supports other tokens (e.g. tokens according to the ERC-20 standard). It is a software wallet, but it is also used as a mobile app or as an extension for the Google Chrome browser. The special feature of the wallet is that MetaMask can not only function as a regular wallet. It can also communicate with smart contracts of a blockchain and decentralized applications. 

MetaMask was developed by ConsenSys in 2016. MetaMask has also been available as a mobile app since autumn 2020. In October 2020, the wallet exceeded the milestone of more than 1 million monthly users for the first time. In August 2021 there were already 10 million active monthly users. MetaMask uses JavaScript as the programming language. The pixelated fox head is the wallet's famous logo.

MetaMask is a hot wallet. Many investors use a hot wallet for the short to medium-term storage of coins. The advantage of hot wallets is the quick availability of cryptocurrencies. In terms of security, the cold wallet is still superior. You can find more information about cold wallets in this article. However, as an individual with medium amounts, you can very well use MetaMask to store cryptocurrencies. You can find an overview of different types of crypto wallets here .

Fantom is a blockchain and smart contract platform that supports decentralized applications. It is a layer-1 blockchain that uses Lachesis as an independent consensus layer. Decentralized applications and digital assets can be built on the blockchain.

The Fantom Foundation has existed since 2018. Fantom's mainnet called Opera went online at the end of 2019. Opera is open source and compatible with the Ethereum Virtual Machine (EVM). The native token FTM ensures the operation of the network and a consistently high speed for transactions. Transaction speeds are under 2 seconds, making Fantom an extremely fast network.

The FT; Token experienced a big jump in price, especially in the second half of 2021. In mid-July, the FTM was still at $0.17. In the coming months, the token rose to an all-time high of $3.30 in mid-January 2022. Since then, like almost all cryptocurrencies, the price has fallen in the first quarter of 2022. Right now, the FTM is $1.27 (as of 03/19/2022).

MetaMask is actually an Ethereum wallet, but can also hold other cryptocurrencies. You can connect MetaMask to other blockchain networks and make the most of its options. Connecting MetaMask to Fantom is relatively easy. We give you a guide here.

(If you have already set up a MetaMask wallet, go directly to step 3!)

If you haven't set up MetaMask for yourself yet, you can easily set it up as a browser extension. The MetaMask browser plugin was primarily developed for Google Chrome and you can easily integrate it into this browser. However, MetaMask can also be installed on the following browsers:

• Mozilla Firefox
• brave
• Microsoft Edge

Download the plugin from the MetaMask website ! Click on " Download " and then select the plugin for Chrome. There are also options for mobile use (iOS, Android).

Then set up your new wallet. MetaMask is originally an Ethereum wallet. You can find the process of creating MetaMask as an Ethereum wallet in this article .

Follow the instructions in this article if you need help setting up MetaMask. The following steps are very simple. We summarize it in short steps:

• Select "Add new wallet"!
• Set a new password!
• Save the backup key safely!

If you have finished setting up MetaMask or already own the wallet, you can now connect your MetaMask to the Fantom network. To do this, go to the browser plugin and click on the network selection at the top! Then go to "Add network".

A window will then open in the browser in which you must enter the data from Fantom. This data is provided by Fantom and is as follows:

• Network name : Fantom Opera
• New RPC URL: https://rpc.ftm.tools/
• Chain ID : 250
• Currency symbol: FTM
• Block Explorer: https://ftmscan.com/

Enter this data and then click on save! 

Now you have connected MetaMask to Fantom and the FTM will appear in your MetaMask main menu.

After connecting MetaMask to Fantom, all MetaMask functions are available for the FTM token.

You can send FTM tokens to the MetaMask wallet. To do this, go to the MetaMask wallet address located at the top of the application and copy it.

Then go to your preferred crypto exchange or another wallet where your FTM tokens are stored and transfer them to the copied address.

To buy FTM tokens on MetaMask, click on the " Buy " item in the application! 

You can buy FTM tokens with the payment provider Transak. To do this, go to "Continue to transaction" at Transak!

To do this, go to "Send" and then enter the destination address for the FTM token!

Fantom price had already found support at the GoldenPocket of the full bull run in December 2021 and rose sharply from there. In the last few weeks, after the price rose to +/- $3.39, the price fell sharply again, and was able to test the GoldenPocket again this week. As long as the GoldenPocket holds, we do not assume that prices will continue to fall, even if Andre Cronje has left the Fantom project. If the GoldenPocket sustains a break, the Fantom price could drop to $0.18. There is the next major support to watch out for.

>>CLICK HERE TO Buy FANTOM<<

As the Fantom price fell again to the GoldenPocket and also rose again to $3.39, the price was able to confirm a sideways phase. This sideways phase consists of the $1.27 and $3.39 support. Since rectangles (flats) are considered a continuation pattern, we anticipate the price will see a bullish breakout in the future. However, it may take some time before this happens, which is why we do not give an estimated time yet. The next move for Fantom would be a surge to $3.39.

On the other hand, if prices continue to crash, it might be "bad news" for FTM holders. The next support level for FTM will be under $1, specifically around $0.2-$0.35. That's why it is very important to keep a close eye on the current price level of FTM. The DeFi collapse might not show directly, and prices might be bearish in the medium-term.

Blockchain technology has provided developers with various options in the creation of decentralized apps through smart contracts. Not only decentralized apps, but technology is now a moving force in the finance sector due to the recent solutions that have been created. The birth of the first digital project, Bitcoin, has opened the door to other projects, which have made their way into the crypto sector. One such project is Fantom crypto, and in this article, we will be looking at the project, its native token, FTM, and its benefits to traders in the crypto sector.

Fantom has been earmarked as another game-changer in the decentralized finance sector because it is a scalable and secure smart contract platform. According to the specifics, Fantom was built to challenge certain limitations that have previously reduced the performance of blockchain platforms.

Fantom uses Lachesis to carry out its operations. Seen as the game-changer, the Lachesis uses an Asynchronous Byzantine Fault Tolerance (aBFT) consensus, making Fantom transactions cheap and fast compared to old blockchains. The three end product of Fantom is its speed, security and its scalability. Traders who hold the Fantom token can earn massive rewards by staking their tokens on the network.

Fantom claims to solve a Blockchain Trilemma, which is the ability to balance decentralization, speed, and security in the Defi sector, a challenging feat to date. To achieve this, Fantom deploys its permissionless protocol, using the aBFT to solve issues arising from decentralization and security before solving speed issues as transactions are carried out asynchronously.

Moreso, Fantom says it offers traders a high level of security and scalability while adding a fast transaction speed to complete the equation. The most surprising aspect is that it claims that all these features are carried out at very low fees, which is hard to come by in the crypto sector.

Transactions carried out on Fantom resolve in a second, with the network charging $0.000001 in costs for the transactions. Also, transactions made on the FTM platform are highly secure thanks to the proof of stake mechanism deployed on the network.

Traders who choose to stake their tokens on the network get a reward with a minimum and maximum annual percentage rate of 3.79% and 11.59%. However, the determinant factor behind the rate of the APR solely depends on how much token a trader chooses to trade and the time that the tokens were on the network.

Notably, traders who decide to stake their Fantom tokens cannot sell, trade, or buy them as they would need to first unstake them. FTM also offers on-chain governance in the sense that token holders and stakers have a say in how the network is run.

They allow to bring new changes, vote on important issues, and have a say in the roadmap of the network. Validators have massive involvement in significant activities on the network like validating transactions, preventing spam, etc., also reward in FTM tokens.

According to its tokenomics, the Fantom token has a total supply of 3.175 billion, with about 2.1 billion of those already in circulation. Fantom costs $1.32, with the token seeing a jump of 6.95% in the last 24 hours. It presently occupies number 48 on coinmarketcap, and its 24-hour trading volume is $416,099,791. Fantom projects to hit close to $10 in the next years because it brings something spectacular to the crypto market.