🔎 Latest updates on $FLM
📉 Observing the price action, Flamingo Finance ($FLM) is experiencing a sharp drop of over 9%. The DeFi protocol, which operates on the Neo blockchain, is being dragged down by the overall correction in the sector.
💡 According to the project's documentation, Flamingo is a DeFi platform that integrates a decentralized exchange, a liquidity pool, and an asset manager. Its performance is closely tied to the activity and adoption of the Neo network.
📊 According to technical analysts, today’s drop has broken an important short-term support level, which could indicate a continuation of the bearish trend if buyers do not intervene strongly.
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⚠️ Remember that each person makes their own investment decisions and this content does not represent financial advice.
