Current Price:
The current price of FLM is fluctuating around $0.032 - $0.048 USD across various exchanges. This significant range indicates potential volatility or differing data feeds.
Price Performance:
Last 24 Hours: Shows significant volatility with reported changes ranging from -8% to +45%.
Last 7 Days: Strong positive movement with increases reported between +61% and +79%.
Last Month: Mixed, with some sources showing a slight increase.
Last Year: Significantly down.
Key Statistics (Approximate):
Market Capitalization: Around $18 Million to $26 Million USD.
24-Hour Trading Volume: Approximately $14 Million to $45 Million USD.
Circulating Supply: Around 543 Million FLM.
Total Supply: 1 Billion FLM.
All-Time High: Approximately $1.24 - $4.50 USD (reached in September 2020 - April 2021).
What is Flamingo (FLM)?
Flamingo (FLM) is a decentralized finance (DeFi) platform built on the Neo blockchain and the Poly Network interoperability protocol.
It aims to integrate various DeFi applications into a single ecosystem, including:
Cross-blockchain asset gateway (Wrapper)
On-blockchain liquidity pool (Swap)
Blockchain asset vault
Perpetual contract trading platform (Perp)
Decentralized governance organization (DAO)
FLM is the native governance token of the Flamingo platform. It is distributed to users based on their participation in the ecosystem.
Key Observations:
FLM has shown significant price volatility recently, with a strong upward trend over the past week.
The current price is significantly below its all-time high.
The platform aims to provide a comprehensive DeFi solution on the Neo blockchain with cross-chain capabilities.
Its success is closely tied to the development and adoption of the Neo blockchain.
As Motto, I recommend conducting thorough research if you are considering trading FLM due to its high volatility. $FLM
