Here Is Everything You Need To Know About Flare (FLR), Lido DAO (LDO) and Jetshare (JETT$) This Week – CryptoMode
, 2023-01-14 11:59:29
Cryptocurrencies are constantly emerging in the crypto market. While some tokens fell prey to the pressure and had no positive outcome, others gained massive popularity, but only for a limited time.
It is not uncommon for people to be interested in new cryptocurrencies. Because investors are constantly looking for the best crypto token, the cryptocurrency with the highest potential return on investment (ROI) is always the preferred option.
A disastrous week for Flare (FLR) token
Flare is an EVM-based Layer 1 blockchain that allows developers to create interoperable applications with blockchains and the internet. Flare enables new use cases and monetisation models by providing decentralised access to high-integrity data.
According to CoinGecko data, the FLR token began trading on the MeXC exchange on January 9 at $0.05 due to low liquidity. Following its launch, the token skyrocketed to $0.15 as exchanges such as Binance, OKX, and Kraken began trading the airdropped token.
The FLR token price began to fall shortly after increased liquidity from centralised exchanges arrived. At the time of writing, the price of FLR has declined by 91.44% to $0.04. FLR’s 24-hour trading volume hovers slightly above $30 million.
Investors’ optimism about Jetshare’s (JETT$) future rises
The first private jet investment platform built on blockchain technology is called Jetshare (JETT$). Owners of JETT$ can purchase fractional non-fungible tokens (NFTs) backed by actual aircraft and…
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