Flamingo (FLM) Price Prediction 2021-2025: Will FLM Reach $1 Mark by 2021?
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Users are looking for alternatives to the skyrocketing gas prices, and one option is the Flamingo coin. The protocol was created with governance and interoperability in mind and is based on Neo Blockchain.
Separate blockchains and DeFi platforms need a mechanism to connect with one other and trade across protocols as interoperability has arisen as a significant challenge in the crypto sector.
When dealing with cross-chain assets, value pegging has proven difficult for protocols so far, and Flamingo developers aim to resolve this issue.
The above features make Flamingo a platform distinct from other protocols. The Flamingo coin positions itself as a one-of-a-kind platform that combines a variety of decentralized investment options for Neo Blockchain into an ecosystem that is simple and will be managed by its traders through a decentralized independent corporation.
We aim to keep this interest consistent within you and will offer Flamingo price prediction for the next five years, from 2021-2025, in this article.
What Is Flamingo (FLM)?
Flamingo is an investment platform that is suburbanized and based on the Neo blockchain and the Poly Network interoperability protocol. This functionality has made it one of the most renowned and highest-trading coins.
The trading coin supports a suburbanized governance association and includes on-blockchain liquidity funds (hybrid blockchain advantage gateway). Moreover, a blockchain advantage safe and continuous commitment at exchanging stage, and a blockchain advantage secure and ongoing commitment exchanging set.
When it comes to the Flamingo's creator, it is founded by a Chinese businessman. His name is Da Hongfei, who is also known for co-founding one of Ethereum's main competitors, the Neo blockchain.
Swap, Wrapper, Prep, Vault, and DAO are the five core features of this project. These are explained as follows:
Price Analysis of the Flamingo
Flashback: Price Analysis of FLM
On September 28, 2020, the Flamingo token attained its all-time high of $1.59. It has a total supply of 150 Million FLM and a market capitalization of $77.29 Million. It is traded on six marketplaces and four exchanges, with Binance being the most active.
The Flamingo coin positions itself as a one-of-a-kind platform that combines various decentralized investment options for Neo Blockchain that its traders will manage through a decentralized independent corporation.
Flamingo (FLM) Price Prediction 2021
The 24-hour trading volume for FLM ranged between $6 million and $20 million during the month of January 2021. Purchasing volume more than quadrupled from the previous day between Jan. 31 and Feb. 1, resulting in a trade value of $93.4 million, pushing the price from $0.21 to $0.31.
The coin's prognosis for the year 2021 is that it will achieve an average price of $0.879 by the end of December 2021. In May 2021, it has already reached $0.808, representing a change of 47.55 percent. Similarly, it has reached $0.876 in June 2021, showcasing a change of 59.92 percent.
Flamingo (FLM) Price Prediction 2022
In January 2022, the price of FLM will be $1.18, and it is expected to reach $1.56 by September 2022. Moreover, the coin is expected to follow an upward trend and reach $1.85 by December 2022, depicting a $0.67 hike in the FLM coin's price.
Flamingo (FLM) Price Prediction 2023
FLM will be priced at $1.71 in March 2023, and it is predicted to reach $1.724 by September 2023. Furthermore, coin hodlers are anticipated to earn $1.86 by December 2023, continuing their growth trajectory.
Flamingo (FLM) Price Prediction 2024
A 181.98 percent rise in FLM's price is expected in 2024. As a result, the FLM token will be worth $1.92 in February 2024 and will further reach $2.03 in March 2024. Moreover, the price of FLM will reach $2.12 in May 2024, and FLM traders can earn $2.25 by the end of August 2024. A slight upward movement is expected at FLM's price in December 2024, and the FLM coin will be worth $2.23.
Flamingo (FLM) Price Prediction 2025
The year 2025 will be a year for Flamingo Finance, and the long-term investors will earn $2.36 per FLM by January 2025. On 17 March 2025, the FLM coin will be priced at $2.69 and then decline to $2.65 on 31 May 2025.
Despite this price decrease, the price of FLM will reach $2.85 on 30 June 2025. The coin will further rise by $0.01 on 30 October 2025 and will be priced at $2.86.
After lots of ups and downs, the FLM coin will reach $3.13 on 29 December 2025.
Flamingo (FLM) Price Prediction: Market Sentiment
The following section discusses a price analysis of Flamingo token by popular media outlets:
Wallet Investor
Today, if you buy a Flamingo for $100, FLM will be worth $193.61, according to Wallet Investor. The revenue is estimated to be roughly +459.3 percent after a long-term investment (say five years). In 2025, your investment may be worth $559.3 if you hodl for $100 today.
Digital Coin Price
Digital coin Price expects that FLM's price will reach $0.728 by the end of October 2021, and then a 60.53 percent price rise is expected in December 2021, i.e., the coin will be worth $0.828.
In the next five years, this media outlet expects Flamingo's price to reach $1.62.
Coin to Buy
With the price going to reach $1.11, the estimated return on investment (ROI) on Flamingo is 114.1 percent as per Cointobuy.io.
Gov Capital
According to Gov. capital, the price of FLM will reach $0.774 by the end of November 2021, and after a year, it will reach $1.303. The price of the FLM coin will move upwards in 2023 and is expected to reach $1.817. After five years, your investment will be worth $2.86 according to the analysis by Gov Capital.
Coin Arbitrage
Coin Arbitrage expected Flamingo's price to surpass the $0.50 level, with a change estimated at 34.18% after every 30 days.
Our Flamingo (FLM) Price Prediction
Flamingo has the potential to lead the crypto space using the Neo blockchain. DeFi's continuing expansion, as indicated by rising total value locked and 24-hour volume, will almost certainly result in beneficial growth for FLM in the future.
As token holders look for options to escape high gas fees on the Ethereum network, the Flamingo platform offers the ability to transact in both ETH and FLM, for the cost of 0.01 GAS, which could see an influx of activity as a result.
The recent development of governance features leads to a 200 percent spike in the price of FLM. But that does not mean it is going to profitable investment in the long run.
If you want to invest in a Flamingo coin, make sure you are consistently following the Flamingo price prediction by authentic sources. Based on our FLM price prediction, we predict that the FLM token will not reach the $1 mark by the end of 2021.
The maximum price of FLM coin will be $0.75, and the minimum price can be $0.25. However, in the long run, the investment may surpass the $5 level.
Conclusion
Compared to Binance Launchpool's previous two projects, Flamingo is projected to have a more significant impact. Flamingo has already crossed $100 million within one day of launch, surpassing Wing and Bella Protocol.
Flamingo has implemented a cross-chain aggregating protocol that allows users to earn more on both the NEO and Ethereum blockchains. However, after experiencing a rapid rise in traffic following its introduction, Flamingo experienced a loading issue, which was quickly resolved, and the team is now working on improving the user experience.
Based on Flamingo (FLM) price prediction, the price of the FLM coin may reach at least $0.85 by the end of December 2021 and $3.13 by the end of December 2025.