- Flow is a type of blockchain that’s fast, doesn’t rely on complicated techniques like sharding to handle lots of transactions, and is made with game and app developers in mind.
- It’s built specially so it can handle a lot of work without slowing down, which means it can be used for all sorts of digital games, apps, and the things that make them work. It’s also made to be easy for developers to use and keeps everything organized and reliable.
- Flow is a fast, cost-effective blockchain that utilizes a multirole architecture, which divides the responsibility for chain maintenance and security across four nodes to expedite the blockchain’s development.
- Flow is the platform’s native cryptocurrency, which can be stake for additional Flow, used to pay transaction fees, or stored on the network. Flow’s fees begin at 0.01 Flow.
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Flow price today: Price forecast
- FLOW coin is currently trading at around $0.45, and it’s dropped a bit over the last week, dropping almost 7%. It’s been a bit of a mixed trend
- Based on our latest Flow price forecast, it looks like Flow is going to go up 1.61% and end up at $0.461152 by the middle of October.
- Since the start of the year, Flow has been on a rollercoaster ride. It started with a bang, going all the way up to $ 1.4. But then it started to get rejected and dropped back down to about $ 0.45 around the middle of last month.
- Over the past week, though, Flow coin has been able to stay above the $ 0.40 mark, which suggests it has some potential to bounce back in the future.
- Flow is currently ranked as the 78th largest cryptocurrency by market cap of 451,456,164 4 USD
FLOW News: #ETHMILAN
- EVM on Flow will let developers build on all of Ethereum’s tooling and network effects while benefiting from all the power and capabilities of Cadence. This will change everything.
- Seamless Interoperability Unveiled: Achieving Full EVM Equivalence on the FLOW blockchain Adopting EVM enables Ethereum developers to utilize Flow without learning a new language, streamlining dApp migration or creation. The compatibility with EVM enhances interoperability.
- This means that EVM-compatible contracts e.g. Uniswap, CryptoKitties, Metamask, etc. will be deployable to Flow.
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FLOW price prediction:
Can FLOW hit $ 0.60 ?
- Flow is worth $0.439035 today, which is a 0.1% increase from an hour ago and a -1.1% decline since yesterday.
- The value of Flow today is -5.2% lower compared to its value 7 days ago. In the last 24 hours, the total volume of Flow traded was $10,938,915.
- Based on data from October 08, 2023, the general Flow price prediction sentiment is bearish, with 2 technical analysis indicators signalling bullish signals, and 25 signalling bearish signals.
- Based on our technical indicators, Flow’s 200-day SMA will drop in the next month and will hit $ 0.599296 by Nov 07, 2023.
Conclusion
Flow stands out as a blockchain designed with game and app developers in mind. Flow, its native cryptocurrency, serves various purposes within the network, from staking to transaction fees.
Flow has seen mixed trends in its price, with a recent 7% drop. However, its seamless interoperability with Ethereum Virtual Machines (EVM) is a significant advantage, simplifying the process for Ethereum developers to work on Flow.
It’s important to note that cryptocurrency markets are highly volatile, and while there’s a prediction for Flow’s 200-day SMA to reach $0.599296 by 2023, these forecasts can change rapidly. As with any investment, it’s crucial to conduct thorough research and consider your risk tolerance before investing in Flow or any other cryptocurrency.
