Is Andre Cronje Coming Back? | Fantom Update

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Ran asks Harry Yeh about the future of Fantom and if Andre might come back. The debacle with Fantom started when Andre Cronje left and the Fantom price tumbled and has been battered ever since.

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Crypto Banter is a social podcast for entertainment purposes only.
All opinions expressed by the hosts, guests and callers should not be construed as financial advice. Views expressed by guests and hosts do not reflect the views of the station. Listeners are encouraged to do their own research.

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00:00 Intro
00:05 Fantom is Not Doing Well
00:35 Harry Yeh Joins the Banter
01:00 Andre Cronje & The Fantom Price
01:34 How Important is Andre for Fantom
02:10 Andre is important to DeFi
02:30 Solidly Exchange
02:40 Why Andre Cronje Took a Break
03:12 Fantom Ecosystem & Community
03:43 TVL to Market Cap Ratio
03:55 Transition in Power & FUD
04:12 Andre’s Introduction
04:45 Andre is Funny And Charismatic
05:20 Will Andre Come Back to Crypto?

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A peer-to-peer electronic currency, cryptocurrencies are rapidly gaining popularity due to their fast, cheap, and invulnerable nature. While Bitcoin is a cryptocurrency, it is not a security, which means that it is not regulated by the SEC. While some people are worried that cryptocurrency is a threat to traditional financial markets, it is not a security in the strictest sense. Many companies issue “tokens” to raise money to fund their business endeavors, but the SEC has yet to regulate any of these.

While there are many advantages to using cryptocurrency as a form of payment, it has some limitations. While a traditional currency has no inherent value, it can be easily counterfeited and inflated. As a result, cryptocurrency is not tied to any one country or region, which means that traveling with it can help cut down on expensive money exchange fees. Furthermore, cryptocurrency is becoming more popular among speculators because of its high value.

Ethereum is similar to Bitcoin, but it extends beyond the financial aspect of things. It has its own blockchain and offers built-in programming languages. These programs can be used to mine, create smart contracts, and transfer Ether. Compared to Bitcoin, Ethereum is more complex than Bitcoin. Nonetheless, it is still one of the most widely used cryptocurrencies. There are more regulated cryptocurrencies than ever, such as bitcoin. You can learn more about them here.

Cardano aims to be the financial operating system of the world. It has established DeFi products similar to Ethereum and offers solutions for voter fraud and legal contract tracing. As of March 8, 2022, Cardano has the eighth-largest market cap at $26.7 billion, and trades for $0.79 per ADA. This cryptocurrency has a long way to go before it can rival Ethereum. It is also a great alternative for investors who are looking to invest in a cryptocurrency.

After a rally to $120, SOL has failed to sustain a sustained rally and has now been falling back toward key support at $100. A week ago, the price of SOL increased by 50% and broke out of a descending channel. It is consolidating above its critical support at $0.000029, which is a critical level. This is the case with the majority of the cryptos. While it is still early to tell if this is a bullish move, the price is attempting to maintain a bottom.

XRP has been one of the biggest cryptocurrencies of the last few months. XRP has broken through its $0.70 resistance level and has now reached $0.90 after breaking its initial resistance. It failed to push past $0.90 and is currently in a correction. It may drop to $0.80 again. Despite its recent gains, the price remains in the region of $1.18. However, the SEC’s actions against Ripple may not be the end of the world for XRP.