{spot}(FLOWUSDT)
1. Current Price: $0.675
2. Market Cap: $1.04 billion
3. Fully Diluted Market Cap: $1.04 billion
4. Market Dominance: 0.0335%
5. Circulation Supply: 1.55 billion FLOW
6. Total Supply: 1.55 billion FLOW
7. Issue Date: January 17, 2021
8. Issue Price: $0.01
9. All-Time High: $46.1626 (April 5, 2021)
10. All-Time Low: $0.3920637 (September 12, 2023)
Investment Considerations:
Prospects:
Strong Project Backing: Flow is known for powering blockchain applications, including NFTs and gaming projects like NBA Top Shot.
Affordable Entry Point: The price is far below its all-time high, potentially making it attractive for long-term investment.
Established Circulation: Full supply is already circulating, reducing inflation risk.
Risks:
Market Volatility: Cryptocurrency is inherently risky and price swings can be dramatic.
Competition: Flow faces significant competition from other blockchain platforms like Ethereum and Solana.
Market Trends: Consider the overall sentiment of the crypto market, as it heavily influences asset performance.
Recommendations:
Research More: Study Flow’s roadmap, partnerships, and use cases.
Diversify Investments: Don’t allocate all your funds to one asset; diversify across sectors and assets.
Set Targets: Define your risk tolerance and financial goals before investing.