Flow, the native currency of Dapper Labs' Flow blockchain, experienced various shifts and changes through 2024 and beyond. Projected price predictions for 2024, 2025, 2026 through to 2030 have been mixed considering the overall cryptocurrency market's fluidity and instability. Flow faced a substantial impact as Circle decided to discontinue USDC support on its blockchain. Meanwhile, the
Stock-To-Flow model predicted by PlanB has been off by $130k, and
Bitcoin has been trading below trend since 2021.
Moreover, Dapper Labs, the founder of FLOW, was investigated by SEC in September, but the case was quietly closed.
Altcoin faced scrutiny over its cash flow and Bitcoin holdings as it prepared for Q2 earning. Meanwhile,
FLOW Token surged despite the overall market slump, indicating resilience amidst market fluctuations.
Considering these occurrences,
Bitcoin ETFs made 26% of BlackRock's 2024 inflows, 56% of Fidelity's and a big wave of money is predicted to flow into the market as Hong Kong banks are set to offer Bitcoin and Ethereum ETFs in the coming weeks and months. However, the ETF flows' impact on the Bitcoin price continuing to remain under $70k, despite substantial flows, has been a topic of discussion.
Flow saw an upgrade to its Testnet Network on June 19th, indicating a more innovative approach to their technology.
Investing in Flow became a hot topic, with essential guides providing necessary details for potential investors. News flow, however, declined causing a dip in Bitcoin's price.
FLOW Coin News Analytics from Mon, 23 Oct 2023 07:00:00 GMT to Tue, 24 Sep 2024 06:04:08 GMT -
Rating -4
- Innovation 7
- Information 9
- Rumor -5
