Fantom liquidity drop and migration: proceed with caution
I see that only a small amount of gas is needed to transfer tokens and migrate the contract, so technical migration costs are low. However, I've noticed many exchanges have stopped listing FTM and overall liquidity has dropped significantly.
That reduced liquidity increases execution risk and can make it hard to exit positions at reasonable prices. I would be cautious about adding new exposure while delistings and low-volume trading persist.
Analysis
Technical migration costs are minimal, but market access is impaired: multiple exchanges have halted FTM trading, lowering order book depth and raising slippage and exit risk for holders.
Recommendation
Avoid buying FTM now and consider holding only if already invested; wait for clearer signs of restored liquidity or relisting on major exchanges before increasing exposure.
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.