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Tag: FLOW

  • FLOW increases in Price amidst Olympics 2022

    The cost of FLOW tokens has ascended to $8.98 as of now, as a new, authoritatively authorized versatile game featuring the current Beijing 2022 Olympics Winter Games was presented on the organization this week.

    An official tweet stated:

    .@nWayPlayNFT, a subsidiary of @animocabrands, has launched an amazing officially licensed play-to-earn mobile game on iOS and Android! @Olympics Games Jam: Beijing 2022 is available TODAY!

    About way play

    As indicated by an official statement, nWayPlay’s Olympic Games Jam: Beijing 2022 is a free-to-play portable game created related to the International Olympic Committee. As they battle for gold, players take part in various arcade-styled winter sports to obtain Olympic NFT computerized pins.

    nWayPlay permits clients to join utilizing both custodial and non-custodial wallets, and that implies they might utilize their tokens to purchase in-game resources with a Visa or interface with local crypto wallets.

    The game is accessible on both Android and iOS applications and can be gotten to with a nWayPlay ID – not at all like other crypto applications, no wallet association is important to play the game.

    The Olympic-marked game joins the Flow organization’s different merchandise. As per the creators of Flow, there are 1.2 million enrolled clients on the b-ball card exchanging game NBA Top Shot, 1 million users for the cricket match-up Cristos, and more than 3.7 million individual records on Flow.

    The flow goes Cross-chain with Chainlink

    With the deployment of a Chainlink Price Feed, the blockchain has expanded on its cross-chain and decentralized finance goals.

    The FLOW/USD price feed, which is open to all decentralized apps (dApps) on the Ethereum blockchain, will allow developers and current DeFi platforms on Ethereum to incorporate FLOW into other marketplaces that demand precise, decentralized pricing data.

    Flow stated that it chose a cross-chain approach owing to strong confidence in a “multi-chain future” and the “rich DeFi ecosystem” that exists on Ethereum, with the inclusion of a FLOW/USD price feed through Chainlink opening a “broad variety of possible use cases for developers and consumers.”

    Price Movement – FLOW

    The tokens arrived at a high of $9 on Wednesday, up from $6.97 the other day. Since last week’s $5.50 mark, costs have been consistently rising. It, then again, saw opposition at $8.50 as costs tumbled to $7.94 in early Asian hours.

    However, FLOW tokens have been one of the largest losses for investors. Prices have fallen by 80 percent from reaching a high of $42 in April 2021, and have reached as low as $4.42 last month.

  • FLOW Coin – Time to drop Down?

    At the time of writing, Flow is being traded at $6.73 with a decrease of 1.73% In the last 24 hours. The total volume traded right now is around $208,708,798. The market cap of this coin is around $1,729,724,837 at the time of writing of this article

    Technical Analysis – Flow (FLOW):

    Starting from the Weekly Time Frame, if the price action of Flow is observed, after every few bearish impulsive, corrections are taking place with almost the same rhythm. The Order Flow is bearish and the structure shift hasn’t been observed yet. Now recently the price has again impulsively pushed down, and after that anticipating a correction.

    Moving down to the daily Time frame, the price of Flow has left an Imbalance when it was pushing downside. That inefficiency is not healthy for the market, so it’s very likely that the price of Flow would fill that before pushing down again. Moreover, the momentum now seems to be much weaker than it was first. Moreover, there is an unmitigated order block at $7.21 which can drive the price upwards as well.

    FLOW - 1D

    Now Jumping down to the 4H time frame, Price was pushing down. It was breaking structure, and along the way, it left some refined imbalance as well. Now we saw a structure shift here today moreover the low was stop hunted as well. So price does seem to show evidence towards the upside. Now we have two scenarios, one for long and one for short. Talking about the first scenario for long, there is an order block at $4.81 which is just a nice spot to buy. It lies within a discount pricing of Flow and moreover as the momentum is weak it’s very probable that the price might bounce from that level. Still, let’s talk about the second scenario which is of doing short.

    In case the price of Flow reaches the order block sitting at $6-20, then it’s a good price to short. That zone is a pattern of supply and demand as Drop Base Drop. Moreover, there is an imbalance just below. It so it’s very possible that in case another scenario gets violated this zone then might hold. Now if the short scenario plays out, the target could be the range we had looked for buy and vice versa. If the long scenario plays out, the target would be the sell zone from where we anticipated sales.

  • Flow (FLOW) – The Hub of next Generation dApps

    Flow is a fast, decentralized, and developer-friendly blockchain. It will serve as the foundation for a new generation of games, apps, and digital assets. Flow is the only layer-one blockchain built by a team that has repeatedly provided excellent consumer blockchain. It has created products, such as CryptoKitties, Dapper Wallet, and NBA Top Shot.

    It is the only blockchain that incorporates usability improvements into the protocol layer, making it the only blockchain built from the ground up for mass use. Flow is already being used by top developers and some of the world’s largest brands to create completely new experiences with top-tier content.

    Top entertainment companies, development studios, and venture-backed startups make up Flow’s ecosystem. Global IP brands such as Warner Music, Ubisoft, NBA, and UFC are among the ecosystem’s partners, as are leading game developers such as Animoca Brands, Sumo Digital, and nWay; crypto leaders such as Circle and Binance; and several notable projects among the next generation of high-growth startups, such as Opensea. Flow blockchain, as well as Cryptokitties, Dapper, and NBA Top Shot, were all created by Dapper Labs.

    Dapper Labs was founded in 2018 with the goal of bringing new types of digital engagement to users all over the world. Blockchain-enabled applications can connect fans closer to the companies they love. This gives people a meaningful stake in the communities they help to build and provide customers new options to become creators.

    How is the Project Unique?

    • Flow’s multi-role architecture is unique, allowing the network to scale to support billions of users. This is without sharding or diminishing consensus decentralization.
    • Smart contracts on the project are written in Cadence, a simple and secure programming language for crypto-assets and applications.
    • Developer friendliness: from upgradeable smart contracts to the Flow Emulator, this network caters to individuals who want to create meaningful community products.
    • Consumer onboarding: Flow was created with mainstream customers in mind, with payment onramps allowing for a secure and low-friction transition from fiat to crypto.

    The Native Token – Flow

    The FLOW coin is the network’s native currency. It is the foundation for a new, open, and transnational digital economy. FLOW token is the fuel that powers the network if Flow is the digital infrastructure. It is the currency that allows the network and all of its applications to function. It is intended to act as both a payment method. Also as a long-term reserve asset for the economy as a whole. Validators, developers, and consumers use the token to participate in the FLOW network and get incentives. It’s also utilized to pay fees and participate in protocol governance in the future.

  • FLOW Coin Drops down 8% today – What’s Next?

    FLOW Coin Drops down 8% today – What’s Next?

    According to coinmarketcap, the maximum supply of FLOW is around 1.3B tokens and the circulating supply is around 311.8M tokens. FLOW holds the 46th rank according to market cap and has a market dominance of 0.16%.

    At the time of writing, FLOW is being traded at the price of $13.08 with a drop of almost 7.91% in the last 24 hours. It is a really strong token fundamentally. The maximum and minimum today are $14.54 and $12.89 respectively. The daily trading volume has also increased by almost 71.75%. It had created its ATH in July 2021 and reached a price of almost $35.61. During the crash, the price has dropped down to a level of $11.55. The price is still near the bottom and hasn’t done much.

    Technical Analysis – Flow (FLOW)

    The chart of the price is quite neat at the moment. On the daily time frame, we can see that Flow was continuously facing rejection from the trend line. But recently the price has broken out of the range and has shown a drop in its price.

    We have seen the presence of liquidity which can drop the price down to a lower level. After it has happened we can expect the price to show reversal from that point.

    Flow (FLOW) - 1D Chart

    The target for this movement would be around the 1D order block. The price can move to that level and we can expect a reaction from the price at that point. The price of Flow has already broken out but we can expect a retest which would also serve as a method to grab the liquidity below. Overall the short-term sentiments for the price are quite bullish and we can soon expect higher highs and lows.

    Long Term Investment

    In the long run, people are quite hopeful about the price. They think that it is going to attract an even more audience that is going to make it even more mainstream.

    But according to the wallet investor, in a four-year plan, Flow is supposed to drop down to a price of $1.933 which is quite less than the price that Flow has right now. As opposed to the general mindset of the investors and retailers this is quite an opposite perspective and this calls for Flow to be not a good investment. But people are hopeful that Flow will achieve new heights in the near future.

  • FLOW coin upward trajectory to be confirmed soon

    FLOW coin upward trajectory to be confirmed soon

    Flow (FLOW) has rocked the market with a phenomenal performance in the weekly timeframe. The cryptocurrency has gone up by 72% in the past seven days. Flow crypto had been trending downwards till the end of June; however, the market outlook began showing signs of bullish momentum. The cryptocurrency has been going up ever since although an uptrend has to be yet confirmed but there is hope. At the time of writing, Flow stands at a price level of $18.90. The price has moved up by 3% in the past twenty-four hours while the trading volume has declined by the same proportion.

    Flow (FLOW) technical analysis

    The market sentiment for Flow coin is bullish. Out of the total twenty-six technical indicators, thirteen are giving out a signal of buy with eight at a neutral position and only three indicators giving out a signal of sell. The oscillators are neutral while the moving averages are strongly bullish.

    Flow (FLOW) technical analysis
    Flow (FLOW) technical analysis

    As the trend has been reversed for Flow coin, an upward trajectory has been identified by a trader’s analysis. Per the analysis, Flow crypto is operating in an ascending channel formation. At the moment, the cryptocurrency is in the lower half of the channel although if the bullish momentum is sustained, Flow can be expected to move upwards – breaking resistance levels. Flow can be seen struggling with a resistance level at the current price. If the resistance level is established as support, the next price target will be activated at $24 followed by $30 and then $44.

    What is Flow (FLOW)?

    Flow blockchain is a developer friendly blockchain. The blockchain is fully decentralized and lightning fast. It is aimed for the next generation of applications on the blockchain. The team behind the blockchain is credible with a lot of other good projects under their belt. Flow is the native token which powers the Flow blockchain.

  • FLOW coin – Upcoming resistance at $24

    Flow (FLOW) had been moving downhill; however, the cryptocurrency has picked up the pace with nearly 100% gains in the past week. At the time of writing, the cryptocurrency stands at a price level of $17.81. The price level of Flow coin has gone up by 50% in the past twenty-four hours while the trading volume has shot up by 250%.

    Flow (FLOW) technical analysis

    The market sentiment for Flow coin has turned bullish. Out of the total twenty-six technical indicators, fourteen are giving out a signal of buy with seven standing at a neutral position and only three indications at sell. The oscillators are neutral while the moving averages suggest a strong uptrend in the daily timeframe.

    Flow (FLOW) technical analysis
    Flow (FLOW) technical analysis

    Flow coin had been operating in a descending channel formation amidst the bearish trend in the market. As the bulls renewed, the cryptocurrency was able to break out of the channel formation – breaking the strong resistance which lied at the upper boundary of the channel. Flow coin will find other major resistances which may hinder its upward trajectory if the bullish momentum is not strong enough. The immediate resistance that lied at $16.88 had been broken as well and will now be acting as a support level. The price level of $24 followed by $41 are the potential price targets as well as resistance levels for Flow coin.

    What is Flow (FLOW)?

    The Flow blockchain has been designed to become lead the next generation of blockchains. It is developer-friendly, fast, and completely decentralized. The success of the blockchain can be attributed to the abled team leading it. The development team of Flow has a repute in the crypto space and has delivered various good projects like Crypto Kitties etc. FLOW is the native token of the blockchain and will act as a gateway to the borderless digital economy powered by the blockchain technology.

  • The ongoing, upcoming and past ICOs that are expected to perform really well

    The ongoing, upcoming and past ICOs that are expected to perform really well

    The high risk-high reward of ICOs intrigued us all, doesn’t it? We have compiled a list of ongoing, upcoming and past ICOs that are expected to perform really well if you are looking into investing in ICOs.

    Ongoing ICOs

    With just two days for the ICO to end, it has bagged a ranking of 4.50/5. MindSync is a decentralized artificial intelligence platform where anyone can take part. The platform will offer AI, ML or DS solutions to real-world problems that are developed by the community either for free or paid. The token will be used to reward developers on the platform.

    Another top-ranking ICO, Obortech, will be completed by 15th April. The project has a goal of $240,000, 6% of which has been achieved as of yet. Obortech aims to provide a digital ecosystem for all agents in the supply chain network to increase the ease of participation and collaboration.

    PointPay.iois the world’s first cryptocurrency bank. The PointPay Wallet and PointPay crypto exchange are being tested on the mainnet while the crypto bank is in its conceptualization bank. The block chain banking is the future of the world, according to PointPay and PointPay is leading the race. The ICO is set to end by the end of June and the crypto bank is expected to roll out by the end of the year.

    The ARNO ICO has a ranking of 4.20 while the ICO is set to end by October. The program is focused on providing solutions based on Nano technology to the various industries of the world.

    Counos Coin’s ICO will end by July 2025. The aim is to provide the safest and fastest cryptocurrencies. The network is also focused on increasing the interaction between buyers and sellers on the platform in order to increase collaboration.

    Upcoming ICOs to watch out for

    Libra wants to harness the power of technology in order to enable users to send and receive money cheaply and easily. For this, the project aims to build a global currency and financial infrastructure which will allow the flow of money to any corner of the world without any problems. Libra ICO has a rating of 4.63 and has the potential to become a successful ICO.

    Flow plans to roll out a next-generation block chain for games, apps and assets. The block chain is designed to be user friendly and highly scalable. The aim of the project is to empower developers on the block chain. Initiated by Dapper Labs, based in Canada, the ICO has a positive rating of 4.58.

    Jurais similar to Flow in terms of its vision. With the rise in use of block chain technology, many unseen problems have plagued its development. Jura aims to build next-generation blockchain technologies. Introduced by Jura Network, the technology is novel and users have high expectations from it.

    Quant has the aim to facilitate the integration of block chains and networks on a global scale. The project is the first operating system of the block chain. Built as a distributing ledger technology, the project is set to solve the interoperability problems faced by networks.

    Another upcoming ICO to watch out for is REMCO.It is the world’s first token generation platform for remittances. The network has had a successful private sale and the ICO is set to launch soon.

    Ended ICOs

    Some of the successful ICOs that has happened in the past are:

    • Telegram Open Network: a new cryptocurrency based on multi-block chain and proof of stake mechanism.
    • Spiking: An AI-driven encryption trading platform
    • Inlock: A cryptocurrency lending platform
    • Lapo Blockchain: A next generation cryptocurrency with a focus on speed and stability
    • Ingot coin: A blockchain ecosystem that links digital currency with existing financial markets through smart contracts
  • Flow (FLOW) coin: Heading towards ?

    Flow (FLOW) coin: Heading towards $50?

    Flow (FLOW) coin started its journey towards the end of January 2021 and has been on a steady uptrend ever since. Starting from a price of $1.5, the cryptocurrency established its all-time high at $38 during early March. After Flow established its all-time high, the cryptocurrency reversed its trend and started going downwards. However, the upcoming time will clear out the price movements of the coin whether the downtrend is going to persist or it was a minor pullback.

    In the past 24 hours, the price of Flow gained by around 20%. The daily trading volume of the cryptocurrency surged up by around 500%. Flow (FLOW) coin is ranked at 88th with a market capitalization of $920,760,999 which has also increased by 20%.

    Flow technical analysis

    The market sentiment for the coin is bullish. The technical indicators of the cryptocurrency are giving out a buy signal. Out of the total 22 technical indicators, seven stand at a neutral position while eleven are giving out a signal of buy and four stands at a position of sell. The market is dominated by buyers and appears to continue to be so.

    A trader has identified a possible trajectory for the Flow coin. Per the trader, the cryptocurrency is expected to grow at an exponential rate in the long-term. The market is in grips of minor pullbacks which could result in the coin touching a strong support line at $ 22 but it is expected that the support level will hold for Flow. Afterwards, Flow can continue its upward trend with minor corrections along the way. The trader has set a price target at around $50 for Flow.

    Flow cryptocurrency has established its first Fibonacci resistance at $28 as a support level while the next Fibonacci resistance lies at the price level of $33 followed by $41. The upcoming price action will make clear the strength of the bullish momentum of Flow.

    What is Flow?

    With the rise in NFT and DeFi projects, it quickly became clear that the existing block chains are not for the high load. As the decentralized apps and finance is expected to continue to grow, something more was required. The solution was brought by Flow. Flow is block chain built especially for NFT projects. Without using any novel technology, Flow provides extensive scalability and cheap transactions, making it ideal for large NFT projects like CryptoKitties. The native token of the network is FLOW which is used as a payment method as well as a reserve asset on the Flow network.

    The Flow coin provides a unique solution to the problems of decentralized projects like NFTs which makes it future prospects bright. The cryptocurrency can continue to establish higher highs as the Flow network gains increasing popularity.