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| 1 Year | 5 Year | 5 Year Annualized | Since IPO | |
|---|---|---|---|---|
| FLOW | -79.64% | N/A | N/A | -97% |
| S&P | +11.09% | +81.2% | +12.62% | +75% |
Flow token is the native cryptocurrency of the Flow blockchain, designed for mainstream adoption with fast and low-cost transactions. It enables secure and decentralized execution of smart contracts, with flexible storage options and service protocols. Flow incentivizes key service protocols to infuse their tokens through a bonding curve mechanism with FLOW, the reserve asset for collateralized secondary tokens. The governance process of the Flow network includes both informal off-chain governance and on-chain voting as a signaling mechanism.
Metaverse-related cryptos have been hit hard, but they may be set up for a nice rally.
Meta is making NFT tools and that's sent a few notable cryptocurrencies sharply higher today.
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