Fantom recovery looks in tatters as bulls fail to inspire a comeback

Fantom blockchain was touted as a leader in smart contracts
Fantom has been losing TVL since the developers exited
FTM is under pressure at $0.24
Fantom FTM/USD – a cryptocurrency that once traded at $3.6 exchanges hands at just $0.25. FTM has lost by double digits in the past week. It looks bearish despite recovering 2% in the last 24 hours. Are we set for a further slide or recovery?
In 2021, Fantom blockchain was touted as among the best smart contract protocol for dApps and digital ass