FLOW Coin, a decentralized blockchain project, shows a positive trend as its price surged
40% in 20 days.
Investors show high interest in FLOW Coin by examining its potentials and risks. FLOW's
development fund of $725 Million, co-established by notable firms like
Andreesen Horowitz and
Digital Currency Group, indicates a strong backing. The coin provides the backbone for digital ecosystems like NBA Top Shot, resulted in gaming software firm
Dapper Labs settling $4M, strengthening the position of NBA NFTs. Yet, there are obstacles. The
SEC labeled the token as a security, and a whopping
$6 million was recently withdrawn, resulting in a 20% price plummet. Major assets like
Bitcoin,
Ethereum and others still reigns, diverting liquidity from FLOW. Whilst the coin faces numerous challenges, it could become a
crypto gem in the long run.
FLOW Coin News Analytics from Wed, 17 Jun 2020 07:00:00 GMT to Sun, 05 Jan 2025 08:00:00 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor 4
