Search results for "FLR"

Flare (FLR) Price Prediction: Asset rewards program launches lukewarm, technical outlook shows bearish tendency

Flare Network (FLR) has seen a slight pump of less than 1% during the Asian session on Wednesday (July 2) after three consecutive days of fall. This minor rebound coincides with the launch of the FAssets incentive program, which includes 2.2 billion FLR Tokens. Despite progress in the fundamental roadmap, the technical outlook for FLR remains bearish.
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Odaily Star Daily News, Flare Network stated in an article on X platform that it has burned 66 million FLR Tokens (about 1.4 million US dollars), and its goal is to accumulate 2.1 billion Tokens by 2026. This will further reduce the circulating supply, including transaction fees and unclaimed rewards.
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DWF Liquid Markets has launched trading pairs ZERO/USDT, FLR/USDT, VIC/USDT, SAROS/USDT, TRAC/USDT, MAPO/USDT, and ZENT/USDT, according to official sources.
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Songbird (SGB) is a digital currency project based on the Flare network, serving as a testbed for the Flare mainnet. Its goal is to break down the barriers of blockchain through seamless cross-chain communication and interaction. The core features of Songbird include F-Assets, Spark (FLR) distribution, and governance under the PoS consensus mechanism. In the future, Songbird is expected to achieve greater impact by improving the utility of XRP and enhancing blockchain security. Despite significant price fluctuations, Songbird has unlimited potential and is worth continuous attention.