🦩🦩🦩$FLM Noise...
🦩Flamingo’s integration with Neo’s upgraded infrastructure and cross-chain ambitions position it as a niche DeFi player, though adoption remains tied to Neo’s ecosystem growth.
Tokenomics & Governance🦩🦩🦩🦩
🦩Supply: Fixed 546M FLM (fully circulating)
Use Cases: Governance voting (DAO launch planned Q4 2025), liquidity mining rewards
🦩Recent Change: MEXC reduced FLM futures funding rate limits (-4%/+4% → -2.5%/+2.5% in April 2025) to curb volatility
🦩Token distribution adjustments in 2025 aim to optimize pool incentives, potentially affecting staking yields.
🦩Flamingo ($FLM )
surged 17.4% in 24 hours due to a technical breakout, migration-driven supply constraints, and bullish momentum trading.
🦩Breakout past $0.0373 resistance with 93M FLM traded in 24h (+49% volume)
🦩Trade-only mode during Binance Dubai migration restricts deposits/withdrawals, tightening supply🦩
🦩Neutral RSI (53–56) suggests room for further upside if momentum holds🦩