FLT coin price movement and investment analysis

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Preface

In the vast and tumultuous cryptocurrency market, FLT coin has recently drawn particular attention. Despite its price trend showing significant volatility, with an 80.08% decline over the past 90 days followed by a 14.93% rebound in the last 7 days, it reflects the market's complex attitude towards this emerging token with a total supply of 1 billion coins. What factors have driven the price changes of FLT coin? Let us delve into this promising crypto asset.

FLT Coin Price Trends and Investment Analysis

The Secret of FLT Coin's Surge: An In-Depth Analysis of Price Trends

As an emerging token in the Ethereum ecosystem, the price trend of FLT coin exhibits significant volatility characteristics. According to recent data, the current price of FLT coin remains around 0.06 USD, although it has dropped by 1.72% in the past 24 hours, the 7-day increase has reached 14.93%. It is noteworthy that in the past 90 days, FLT coin has experienced a decline of 80.08%, and this drastic fluctuation reflects the market's cautious attitude towards the project.

The current market value of FLT coin is 5.628 million USD, which is considered a small-cap token in the cryptocurrency market. Its circulating supply is 90.433 million coins, accounting for 9.04% of the total supply of 1 billion coins, indicating that the project still has significant inflation potential.

FlutterCoin Ecosystem: A Complete Guide to Mining, Wallets, and Exchanges

FLT token, as the token of the DePIN project based on Ethereum, primarily relies on the Fluence Network platform for its ecosystem. Currently, it is being traded in 29 active markets trading, with a 24-hour trading volume of approximately $289,200. It is worth noting that the trading volume has decreased by 38.81% compared to the previous day, indicating a decline in market activity.

In terms of support for [wallet](, since FLT is a standard ERC-20 token, it can be stored and traded using any wallet that supports the Ethereum network. The project team continuously updates technical documentation on Github, providing comprehensive technical support for developers and users.

Technical Breakthrough: Analysis of Key Support and Resistance Levels for FLT Coin

From the price trend perspective, FLT coin is currently in an adjustment phase. Technical analysis shows that the recent price has been fluctuating within the following range:

| Technical Indicators | Values | |---------|------| | Recent Support Level | $0.05 | | Current Price | $0.06 | | Primary Resistance Level | $0.07 | | Secondary Resistance Level | $0.08 |

Market data shows that the fully diluted market cap of FLT coin has reached 62.24 million USD, a valuation level that reflects the market's expectations for the project's future development. From a technical perspective, a price breakout above the current resistance level requires greater [trading volume])( support.

Conclusion

As an emerging token in the Ethereum ecosystem, the current price of FLT at $0.06 reflects a cautious market sentiment. Its market capitalization of $5.628 million and a circulation rate of 9.04% leave ample room for future development. From a technical perspective, a price breakout above the resistance level of $0.07 requires stronger trading volume support, while $0.05 serves as an important support level.

Risk Warning: The cryptocurrency market is highly volatile, with FLT coin experiencing a decline of 80.08% within 90 days. Investors should be cautious of insufficient liquidity and the risks of significant price fluctuations.

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The content is for reference only, not a solicitation or offer. No investment, tax, or legal advice provided. See Disclaimer for more risks disclosure.
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HolyLightGuardianvip
· 03-27 08:50
When will the circulating supply rate reach 30%? We are considering it.
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