Flamingo Finance (FLM)
Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain. Flamingo is an interoperable, full-stack decentralized finance protocol built on the Neo blockchain. Flamingo is comprised of five main components, including Wrapper - a crosschain asset gateway, Swap - an on-chain liquidity provider, Vault - a one-stop asset manager, Perp - an AMM-based perpetual contract trading platform, and also DAO - a decentralized governance mechanism. FLM is the governance token of Flamingo and will be 100% distributed to the community based on participation.
1. FLM Basic Info
| Symbol | FLM |
| Name | Flamingo Finance |
| Web Site | https://flamingo.finance |
| Wallet | -- |
| Source | -- |
| Explorer | https://neo3.neotube.io/ |
| Forum | -- |
| Mining | |
| Supply | 1000000000 |
| Available Supply | 649399000 |
| Market Cap | 20027465.16 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 1000000000 |
| Release Date | 2020-09-28 |
2. FLM Technical Info
2.1 FLM Kline Chart Price
2.2 FLM Technical Analysis
Short-term: The price is expected to experience a period of consolidation, with potential for sideways movement or a slight downward bias. The recent decline in the closing price, along with the increased volatility observed in the last few weeks, indicates possible bearish pressure. However, the overall trend remains uncertain due to the mixed signals from trading volume and price action.
Mid-term: A potential bearish trend is anticipated. The price is likely to test lower support levels. The strong downward movement from the beginning of March until now has resulted in a downward trend, with a high probability for further declines.
Long-term: The overall trend is assessed as potentially bearish. Investors should carefully consider the risks associated with the asset, as a sustained decline might occur if the price doesn t establish strong support in the short term. The long-term outlook is dependent on the price successfully maintaining its value.
