Forums
Talk about anything you want!
Login to get your referral link.
🚨 FLARE NETWORK FLR HITS 9-MONTH HIGH AT $0.0285, THEN RETREATS 🚀
wait why FLR pumpin’ so hard rn?? is this FXRP launch really gonna send it to the moon 🚀🤑?
classic reflexive feedback: surge in FLR price driven by FXRP launch enabling XRP DeFi engagement, sparking aggressive buying and stable capital inflows
classic reflexive feedback: launch of FXRP sparks aggressive FLR buying, pushing price up temporarily; significant profit-taking potential could lead to price correction.
Main to remember 📝
Why has the FLR price recently increased? The launch of FXRP allowed XRP to be used as an overcollateralized asset, sparking aggressive buying. What could impact the next FLR movement? If demand from buyers remains strong, FLR could rise to $0.0278, but significant profit-taking could push it down to $0.023.
Flare Network (FLR) hit a 9-month high of $0.0285 before retreating to $0.025. Volume surged by 347% to $52 million, with a market cap peaking at $2.1 billion, indicating stable capital inflows. The surge was triggered by the launch of FXRP, enabling XRP holders to engage in DeFi activities without intermediaries. Retail buyers flocked to accumulate FLR, leading to a positive purchase trend.
https://altcoin.observer/?p=46624
5
Voices
4
Replies