Flow token rises by 62% following Instagram’s integration news
The value of the asset rose from $1,84 to $2,98 per day, according to Binance
05.08.2022 - 13:10
322
1 min
0
What’s new? The rate of the native token of the Flow blockchain rose by 62% after representatives of the social media Instagram announced the collaboration with the project. The price of the asset rose from $1,84 to $2,98. As of August 5, 12:25 UTC, FLOW is trading at $2,73, according to cryptocurrency exchange Binance.
Flow is a decentralized, high-speed blockchain designed to support a new generation of games and applications, as well as digital assets that power their operation. The FLOW token is used by validators, developers, and users to receive rewards, pay, and participate in protocol governance. The asset ranks 30th in the ranking of cryptocurrencies by market capitalization with a figure of $2,9 billion, according to CoinGecko.
Details of the collaboration. On August 4, the Instagram team made the NFT posting feature using a digital wallet available to users from 100 countries, and also added support for non-fungible tokens issued on the Flow blockchain. The platform also supports Ethereum and Polygon blockchains, MetaMask, Trust Wallet, Coinbase Wallet, Dapper, and Rainbow wallets.
Useful material?
Telegram 
Twitter Technologies
Network fees will be integrated into the cost of swaps
Nov 22, 2024
Market
The company’s unrealized profits from investing in its first cryptocurrency approached $14 billion
Nov 19, 2024
Incidents
The search, the reason for which was not announced, took place a week after the election, the results of which Polymarket users predicted quite accurately
Nov 14, 2024
Market
Analysts point to the growing popularity of the first cryptocurrency as a safe haven asset
Nov 13, 2024
Market
The product will begin trading on the Swiss Exchange on November 19
Nov 12, 2024
Market
The company’s unrealized profits from investing in the first cryptocurrency approached $13 billion
Nov 12, 2024
Cryptocurrency rates
-
Bitcoin
$98 017
BTC
-0.34%
-
Ethereum
$3 380.63
ETH
-1.19%
-
BNB Smart Chain
$579.4
BSC
+1.23%
-
Ripple
$1.45
XRP
-0.81%
-
Dogecoin
$0.423007
DOGE
-3.53%
-
Cardano
$1.05
ADA
-1.6%
-
Stellar XLM
$0.533308
XLM
-9.78%
-
Polkadot
$8.9
DOT
-3%
-
Bitcoin Cash
$511.38
BCH
-1.19%
-
Litecoin
$96.73
LTC
-4.71%