Are you in search of a layer 1 blockchain protocol to help you create Web3 applications hassle-free? Then do not hesitate to take a look at the features of Flow blockchain network.
Flow is a fast protocol that is very suitable for developers as it is decentralized and open source.
So why should you choose FLOW over any other protocol? The following features make it unique. It has a multi-role architecture that ensures scalability without compromising on decentralization. Cadence is the programming language used by FLOW. It also offers frictionless transactions for new users.
What Is FLOW Token?
FLOW is the native token of the Flow blockchain. This token allows the participants of this platform to own and stake governance rights. The holders of this coin are entitled to special rights to vote for changes or innovations on-chain. They can use it for peer-to-peer payments, service charges as well as earning rewards and incentives.
The current market status of the Flow token is given below.
Current Market Price: 0.8521
Market Capitalization: $1,279,774,110
Fully Diluted Valuation: $1,279,774,110
24 Hour Trading Volume: $29,670,198
Circulating Supply: 1,499,068,195
Total Supply: 1,499,068,195
Maximum Supply: 1,499,068,195
Flow Price Prediction
The current market price of Flow is 0.8521. As per the market trends and current prices, market analysts have predicted the future price of FLOW.
The short-term price prediction of FLOW from the period May 2024 to December 2024 is shown in the table below.
Year | Yearly Low | Yearly Average | Yearly High |
May 2024 | $1.39 | $1.50 | $1.60 |
June 2024 | $1.69 | $1.82 | $1.94 |
July 2024 | $1.27 | $1.37 | $1.46 |
August 2024 | $1.34 | $1.44 | $1.55 |
September 2024 | $1.41 | $1.52 | $1.63 |
October 2024 | $1.48 | $1.60 | $1.71 |
November 2024 | $1.56 | $1.67 | $1.79 |
December 2024 | $1.63 | $1.75 | $1.87 |
The long-term price prediction of FLOW for 2024-2030 is given in the table below.
Year | Yearly Low | Yearly Average | Yearly High |
2024 | $1.46 | $1.82 | $2.19 |
2025 | $2.92 | $3.65 | $4.38 |
2026 | $5.85 | $7.32 | $8.78 |
2027 | $11.72 | $14.65 | $17.58 |
2028 | $23.47 | $29.34 | $35.21 |
2029 | $47.00 | $58.75 | $70.50 |
2030 | $94.12 | $117.65 | $141.18 |
The price rise is expected to be 379.61% in 2025 and 315.05% in 2030.
The general market sentiment of FLOW is bearish. 20 technical analysis indicators show bearish trends while 7 technical analysis indicators show bullish sentiments.
The 50-day SMA and the 200-day SMA of FLOW are $1.074059 and $896803, respectively.
Where And How To Buy FLOW?
You can buy FLOW from any centralized crypto exchange such as Bitget, Digifinex, and OKX.
If you are planning to buy FLOW and thinking about how to buy it, follow these steps.
- Select a crypto exchange where you intend to buy FLOW. Create an account if you already don’t have one.
- Select a payment method with which you can conduct safe transactions. It can be either a crypto wallet, credit card, debit card, or bank transfer.
- Choose FLOW from the options on the purchase page and click the buy option.
- Enter the amount for which you want to buy FLOW. Complete the transactions.
- You will see that the FLOW you purchased has been credited to your account.
- Make sure that you store it in a safe place such as a cold wallet or a hardware wallet, away from all security threats.
What Is The Final Verdict?
The price prediction data of FLOW for 2024–2030 shows strong bullish trends. The 50-day SMA and 200-day SMA show that FLOW will not trade at a profitable rate both in the medium term as well as short term.
So, it is not recommended for any prospective investor to invest in Flow. Cryptocurrencies are volatile and subject to market risks. So you should make informed decisions by considering the market trends, performance history, and on-chain innovations.