Flow ProtocolFLOW
$0.306
Market/Exchange
FLOW Price Prediction and Price Movement
FLOW has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that FLOW's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if FLOW is backed by a solid development team and whether FLOW's technology has any potential to grow.
Please note that this analysis is purely base on FLOW's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Flow Protocol Price Chart
About Flow Protocol
Flow is a protocol that establishes an Ethereum based self-distributing store of value token (FLOW). FLOW is designed to be a hedge against Bitcoin as today’s primary digital store of value.
The protocol distributes inflation of FLOW tokens to all addresses holding it without the need for a single transaction. Inflation happens daily and does not require any action on the side of the FLOW token holder or any other parties. This method of inflation allows for the token to be applied to DeFi use cases without diluting the token holders.
Over a period of 10 years, inflation is reduced and ends with a capped supply of FLOW tokens. FLOW does not need to be staked or locked into a contract to receive inflation, therefore it can be applied to the full range of DeFi applications while still achieving its distribution target.