【Daily Token Observation｜$FLM 】

FLM performed brilliantly today, currently priced at $0.0235, with a 24-hour increase of +16.34%, and a trading volume of $132.4M, indicating a clear capital inflow.

Since the low point of $0.0096 in October, it has rebounded nearly +145%, with short-term bullish sentiment continuing to ferment.

FLM is the ecological token of Flamingo Finance, belonging to the Neo blockchain ecosystem. The project focuses on cross-chain asset exchange and yield aggregation, providing users with a one-stop service for staking, lending, and yield optimization through decentralized finance protocols. Flamingo is also one of the representative projects that operated in the form of a DeFi aggregator on the Neo public chain in its early days.

From historical trends, FLM reached a peak of $1.25 in April 2021, with a potential upside of +5219%.

Currently, it is only at 1.1% of its historical range, still in a severely undervalued zone. With the reboot of the Neo ecosystem and the return of liquidity, FLM is expected to welcome a valuation recovery trend. 🔥