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FTM One of Most Used Smart Contacts in Last 24 Hours

Published 05/28/2022, 07:39 AM
Updated 05/28/2022, 08:00 AM
FTM One of Most Used Smart Contacts in Last 24 Hours

  • FTM is one of the most used smart contracts among the top 500 ETH whales in the last 24 hours.
  • This might have been driven by speculation that Andre Cronje is returning to the project.
  • FTM is currently worth $0.3554 after a 0.38% drop in price over the last 24 hours.

According to a Twitter (NYSE:TWTR) post by WhaleStats from May 28, Fantom is one of the most used smart contracts among the top 500 ETH whales in the last 24 hours. The Twitter user mentioned other crypto like UNI, MANA, MATIC, BAT (LON:BATS), and AAVE in the list.

This might have been driven by speculation that Andre Cronje, a well-known decentralized finance (DeFi) developer, is returning to the project. This comes after Cronje announced three months ago that he and his fellow developer, Anton Nell, will be leaving the crypto space for good.

Cronje was also recently spotted working on BitHub working on fMint protocol, Fantom’s platform for minting fUSD, the blockchain’s native stablecoin which suffered a de-pegging over the last few weeks.

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