Fasttoken (FTN) Honest Review: Why I Think the Price Goes to Zero

Fasttoken (FTN) Honest Review: Why I Think the Price Goes to Zero

You're about to experience an honest review of Fasttoken. My crypto price prediction for this one is that it's going to zero. In my opinion it's absolutely worthless, and I'm filming this because I'm tired of seeing people get ripped off on coins like this, which look to me like an obvious, horrible investment despite what the price chart would show you.

If you look at the price chart, this has on average actually gone up since its release about two years ago. But this looks to me like the absolute worst time ever to buy it. The fully diluted market cap is about the same as Internet Computer Protocol, which I believe is the best technology in crypto, the third big innovation behind Ethereum and Bitcoin. Meanwhile, Fasttoken has the same fully diluted market cap. The difference is there's a bunch of token unlocks they're going to dump on your head with this project, and the difference is the technology. This is just another EVM copy blockchain. They took some open source code from Ethereum, and perhaps other chains, copied it, did some tiny little tweak to give it a name and try to sound a little bit different, and then put it out as their own blockchain. To me that's an absolutely worthless, dead coin.

Two tokens, one confusing mess

It's confusing too, because you have Fasttoken, but then there's the Bahamut blockchain and the Bahamut block explorer. There's the token, but the description says FTN plays a crucial role in Bahamut's operations. So why do we have these two different things? Fasttoken, it says, is the native coin of the Bahamut blockchain. Why is the token named something besides the blockchain itself? It's like they didn't pay somebody a hundred dollars to look into these basic issues.

If you look at the explorer, this is an absolute ghost chain with slow blocks. Why would anybody in 2025 use this? The average transactions are clearly going down. The average daily transactions are trending downward the entire time. There were about the same number of transactions a few months ago, and it's not going anywhere. Nothing is happening. The blocks are ghost blocks, and they're 12 seconds apart. You get three transactions in this block, then 10 seconds before that, three transactions, and the next block only had one transaction. In my view it's that bad.

A cheap website that warns about scams

If you go to their website, I'm not impressed at all. It's a cheap looking website, and it says "beware scams." That's a good first thing to read, because this token is exactly what I would define as a scam. To me it's useless. It says it's the native currency of Bahamut, a layer one public EVM-based blockchain. That's great, but don't we have a thousand of those now? At some point you have to think, all right, we have enough. We only need maybe one of these going forward. The rest is just a waste.

Then you look at the tokens and realize you're going to get dumped all over. The partners? I haven't heard of any of these before, or hardly any of them. I've heard of the auditors, but who are these partners? I don't know them. So I clicked on some of their links and looked at the engagement. It's clear to me they've frauded it, using bots to artificially inflate their followers, which is sadly normal. And then they have absolute crap engagement. This project is so bad it looks like it cheated at some point, but now they can't even keep cheating on it. That's a bad sign, because in my experience almost all these crypto blockchains are just liars, and you need to be the biggest, loudest liar to win. At some point they pushed a bunch of bots onto their follower count, but now the engagement is dead. They have 200,000 followers. Look at the numbers: a post an hour ago got 754, a post yesterday got 1,500, another got 2,000. For comparison, I did a post yesterday and got 12,000 engagements with 9,000 followers. With 200,000 followers, their posts are doing almost nothing. It's dead. In my opinion this is a useless project that nobody should invest in.

At least there's a YouTube channel

At least they do have a YouTube channel. A lot of these junk coins don't even have one, so this is better than a lot of the other garbage I review. But look at this: they did a "2024 year transformation" video, 96 views. This crypto review is probably going to get a lot more views than any of their videos have done recently, which is great, because this is the information you really need to know.

Look at the fastest blockchains by transactions per second. Remember how I showed they have 12 second block times in 2025? ICP is doing in 10 seconds as many transactions as this blockchain does in a whole day. Its block finality is instant, and the block time is half a second. You look at all these other chains right now and Fasttoken wouldn't even be listed, because it's so small it wouldn't hardly make the top 50 blockchains in transactions per second.

No founders, no transparency, no trust

There's no clarity about who the founders are for this project anywhere. This is a project with a $4 billion fully diluted market cap that has gone up in price all-time through what I believe is likely financial engineering, where you can use crypto exchanges to artificially push prices up with things like longs you've taken out and manipulated buys. This project does not have one single person listed anywhere on the website. To me that's a bad sign. There's no transparency, and there's no trust.

I would never again invest in a project where I don't know exactly who's working on it. Ultimately, when you're investing in projects, and I hope you're not investing in this one because I believe it's going to zero, you're investing in the people engineering the protocol. It's adding no value to humanity in my view. It looks to me like it's purely extracting money from ignorant investors, because they created a blockchain by copying from a copy of a copy. If the protocol being engineered isn't fundamentally amazing these days and worth building on for free, then in my experience it's going to zero. There are too many protocols, too many coins, and too much competition. Fasttoken clearly will not make the cut.

What I would do right now

If it were me, now is the absolute best time to exit while the price is at the all-time high. If I had this thing, I would dump all of it right now, and honestly feel bad for ripping off everybody who bought it after me. Then I'd look into ICP. My website is hosted on ICP. Internet Computer Protocol is, in my belief, the best technology in the world in crypto, and nobody who actually knows the tech would debate you on that. This is a blockchain adding real value to the world. Because my website is hosted directly on the blockchain, I don't even need a Discord or Telegram. When you've got something like ICP that's shredding all-time highs across all of its metrics, and then you look at this, there's no comparison.

I took on the mostly thankless task of saying a coin is going to zero, when I probably could have gotten them to pay me to say it was going to 100x instead. I do the opposite because I care about your success with crypto investing. If you want to go deeper on how I think about all of this, you can dig into my Money playlist. For now, the only crypto I actually like is Internet Computer Protocol, until somebody makes something else that's good.

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