Seasoned traders go by the time-tested formula: invest most of your crypto portfolio in BTC (50%); 35% in a basket of big-cap coins and the rest in small projects with huge upside. But for beginners, all cryptocurrencies are risky investments and so must, tread lightly and keep all their senses open in the crypto space.
Investors looking for coins experiencing some buying pressure are looking at Flow as the crypto has bucked the trend, up 3% 10 days ago. That has an interest in Flow price predictions picking up later in the days that followed. Flow has been on the gaining side as the market has turned bullish. The data for the last 24 hours shows that it has reduced losses to 1.07%. The change in the seven-day losses is also evident as it shows a recession of 8.13%. The price value for FLOW for that day was enhanced to $2.74.
Flow is a leading blockchain project that seeks to become a better alternative to Ethereum. It is a proof-of-stake platform that has faster speeds and lower transaction costs than Ethereum. As a result, its developers hope that it will become the go-to platform for web 3.0 deployments. The platform was created by the team that built CryptoKitties.
The decision by Yuga Labs on ApeCoin deployment and the ongoing permissionless contract development progress could trigger FLOW price action. The upgrade, which is expected to be launched soon, will focus n code-hardening, professional audits, and a bug bounty program.
Much of the broad-based interest in FLOW appears to be due to a big listing announcement. Specifically, crypto exchange Coinbase announced that Flow will be the latest crypto investors can trade on the platform. How high can the “Coinbase effect” take Flow?
We would like to echo a positive perception at this point:
The global crypto market has seen a transition towards bullishness due to the influx of funds. The changes have been positive, bringing Bitcoin, Ethereum, and others considerable gains. The change is evident from the global market cap value, which is currently about $1.27T. There are little chances that it would cross the previous threshold level. The previous data shows that the market has lingered in the same range and might continue to do so. The downward pull hasn’t let it change value.
Cryptopolitan
Today’s Flow price is $2.35 with a 24-hour trading volume of $50,404,805. Flow is down 0.96% in the last 24 hours. The current CoinMarketCap ranking is #31, with a live market cap of $2,433,732,751 USD. It has a circulating supply of 1,036,200,000 FLOW coins and the max. supply is not available.
Flow coin Partnerships
The Flow Network is continually looking at partnerships. Cheese announced that they would be partnering with the Flow blockchain. Cheeze is a photography-based NFT Media and Entertainment company. They will help to promote the recent NFT development of Flow.
If you remember, on 14 September 2021, Flow announced a partnership with Google Cloud’s power. The collaboration is expected to bolster the connection between consumers and app developers globally.
On 1 January 2022, Think Fund, in collaboration with Blocto App, announced a partnership with emerald DAO, the first DAO built on the Flow blockchain.
Source: https://www.cryptopolitan.com/flow-price-prediction/