Flow crypto

Google trends for Flow crypto are showing a 700% spike in search volume – an IG influencer announced her NFT project on Flow blockchain.

On Instagram @lilmiquela has 3 million followers, alongside 30,000 on Twitter under the same handle.

Flow crypto trending

The Flow crypto token (FLOW) is listed on Coinbase and Binance.

Cryptoassets are a highly volatile unregulated investment product. Your capital is at risk.

Alongside the pump in search traffic, the FLOW token’s 24 hour trading volume is up 7.5% according to Coinmarketcap.

The FLOW price is not yet reflecting that increased interest – partly as Bitcoin dropped back under $30k – although may be close to finding a bottom.

Flow crypto price chart

Flow price chart – monthly via Binance

Heading into June 2022, since its all time high of $35.60 has retraced 93.5% in total – the currently monthly low in May 2022 is $2.28.

Seeing the increasing trading volume and the fact that Flow crypto is also trending online, the selling pressure may slow down however and FLOW could establish a new uptrend.

What is Flow Crypto?

FLOW is the native token of the Flow blockchain, intended to be a more inclusive, developer-friendly and user-friendly blockchain to power the next generation of trendy crypto games, apps and NFTs.

It was created by Dapper Labs which were also behind CryptoKitties, NBA Top Shot and the Dapper Wallet. Some leading venture capital investors are involved including:

  • Andressen Horowitz
  • AngelList
  • Coinbase
  • Dreamworks
  • Google Ventures
  • Reddit
  • Samsung
  • Union Square Ventures
  • Venrock
  • Zynga

Flow Price Prediction

The Flow project and FLOW crypto token could be one to watch – it’s oversold after a nine month downtrend of mostly bearish price action. It’s next resistance level would be $9.40 around the 0.786 Fib, yearly open ($8.83) and 2022 high ($9.45).

The FLOW crypto market cap is $2.6 billion – ranked #31 by market capitalization on CMC.

The FLOW circulating supply is 1.04 billion which is a little over 75% of its total max supply – 1,373,338,337 FLOW coins. That much of the supply being unlocked and in circulation could help the price stop dropping heading into June.

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