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    Fortress Loans

    FTS

    Rank #5519

    $0.003234

    -0.63%
    24H Low$0.003219
    $0.00325424H High
    24H Volume
    $0.009804
    All-Time High(ATH)
    $14.12
    All-Time Low(ATL)
    $0.002163
    Market Cap
    $26971.87
    Fully Diluted Valuation
    $34766
    Market Cap/FDV
    0.83%
    Circulating Supply
    8.34 M FTS
    Total Supply
    10 M FTS
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Fortress Loans (FTS) Price Trends

    Time period
    Change amount
    % Change
    1H
    $--
    -0.17%
    24H
    $--
    -0.63%
    7D
    $--
    +6.52%
    30D
    $--
    -6.99%
    1Y
    $--
    -48.92%

    Live Fortress Loans (FTS) Price Update

    Fortress Loans price today is $0.003234 with a 24-hour trading volume of $0.009804, and as such Fortress Loans has a market cap of $26971.87, giving it a market dominance of 8.60%. The Fortress Loans price moved -0.6300% in the last 24 hours.

    Fortress Loans reached its highest price on 2021-05-16 when it was trading at its all-time high of $14.12, while its lowest price was recorded on 2024-02-28 when it was trading at its all-time low of $0.002163. The current lowest price since the last cycle high was $0.002163, and the highest price since the last cycle low was $14.12. The social sentiment of Fortress Loans is currently Positive.

    The current circulating supply of Fortress Loans is $8.34 M FTS. In terms of market cap, Fortress Loans is currently ranked 5519.

    About Fortress Loans (FTS)

    Fortress is an algorithmic money market, and synthetic stable coin protocol designed to bring secure and trustless credit and lending to users on Binance Smart Chain. Fortress enables investors to lend and/or borrow cryptocurrencies, by pledging the platform an over-collateralized amount of cryptocurrency. Fortress does this by utilizing money markets, which are pools of assets with algorithmically derived interest rates, based on the supply and demand of each asset. Users who choose to supply liquidity to Fortress earn compounded interest as rewards for supplying their assets to the protocol. When supplying assets, users are also given the ability to mint stable-coins, or borrow other assets against their supplied assets. Once a user has supplied assets to Fortress, the user can then borrow assets or mint stable-coins, by over-collateralizing and paying interest on the amount borrowed. Loans from the Fortress protocol do not have monthly payments, late fees, and can be paid off at any time. Fortress is able to do this without ever requiring a credit check, with near immediate origination, using smart contracts that provide an automated, and absolutely transparent system for investment and profit distribution.

    FAQs

    1. What determines the price movement of Fortress Loans?

    There are two schools of thought in determining the price of Fortress Loans.
    By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Fortress Loans, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Fortress Loans from a long term perspective.
    By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Fortress Loans on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Fortress Loans as well.
    Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Fortress Loans and the cryptocurrency market as a whole.

    Fortress Loans Tokenomics

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    Fortress Loans Analysis

    Fortress Loans (FTS) News

    Fortress Loans (FTS) Announcements

    Date
    Market Cap
    Volume
    Open
    Close
    2024-04-22
    $8.34 M
    0.009804 FTS
    $0.003234
    N/A
    2024-04-20
    $8.35 M
    0.0000005566 FTS
    $0.003023
    $0.003234
    2024-04-19
    $8.34 M
    36.9 FTS
    $0.003004
    $0.003023