Cryptocurrency investors concentrated on Bitcoin (BTC) prices. BTC fluctuated in the $19,500 to $20,000 range amid volatile stock markets. Crypto investors will notice in that time that Dogecoin and Fantom are holding their prices steady.
Last month, Dogecoin found support. The crypto attracted speculators at between 5.7 cents and 7 cents since July. In mid-September, Dogecoin rallied and pulled back. Ethereum’s (ETH) merge shifted to proof of stake at that time.
Any mild panic selling in Dogecoin could send prices lower. The stock market started the month by rallying, only to fade. The dramatic sentiment shift might influence Dogecoin prices.
Fantom deserves a closer look. After moving nowhere for weeks, the crypto may attract investors to move out of the sidelines. FTM has strong scalability protocols. It is one of the fastest-growing layer-1 blockchains.
On Oct. 7, 2022, it announced its integration with Unstoppable Domains. This platform has Web3 digital identity. More importantly, it has over 2.5 million registered NFT domains. Together with the more than 3.5 million Fantom users, the integration will facilitate digital asset movements.
Crypto will become a mode common means of exchange. Once the industry grapples with crypto scams, more platforms will join forces to strengthen cryptocurrencies like Fantom.
