FLOW Could Go x5-10FLOW is making tons of bullish progression since its launch on 27th Jan.
It breaks every pattern upwards and has more and more people buying into this market.
Price action since launch is accurately bullish (and somewhat choppy because it's a relatively young market.)
It's currently consolidating at ATH and creating a bullish triangle. After this there's no longterm resistance.
I've been following this market since launch and been analyzing it technically as well as fundamentally. Here's what I've come up with:
When all other alts and BTC dump, FLOW stays around the same price level. It doesn't dump alot and looks like people aren't planning to sell in this market soon.
FLOW waits for other markets to pump and then it pumps with it. It goes with the (money) flow. ;)
It's currently only listed on Kraken and Huobi. I see a large amount of buyers stepping in when this token would get listed on bigger exchanges such as Binance, Bitstamp etc.
The market cap for this token is currently $700 million and personally I see this one going to $4 - $6 billion in the long run. (x5-10)
Flow is a fast, decentralized, and developer-friendly layer-one blockchain designed for creating digital assets for games & apps.
The tools are pretty easy to use and you can start making NFT's in just a couple of clicks (I tried it out). The documentation is super user-friendly and clean.
I have been accumulating as well as staking my FLOW since 1st Feb. You can stake your coins onchain for 5% APY. The team looks serious and ambitious.
If you want to check it out yourself: www.onflow.org
FLOW is created by the team that created CryptoKitties and is partnered with NBA and Samsung.