Flamingo Price, Chart, and Market Cap: FLM Coin Essentials

·

Flamingo (FLM) has emerged as a notable player in the decentralized finance (DeFi) space since its launch in September 2020. As investors continue to explore yield farming and decentralized autonomous organization (DAO) projects, FLM stands out with consistent trading volume and a well-defined market position. This comprehensive overview dives into Flamingo’s current price dynamics, market performance, key resistance and support levels, and its standing within the broader cryptocurrency ecosystem.

Current Flamingo (FLM) Price Analysis

As of today, the price of Flamingo (FLM) is $0.0337**, reflecting a **-1.50%** decline over the past 24 hours. The coin opened the day at $0.0340, marking a slight drop of -0.88% from its opening value. Despite the short-term dip, FLM remains active across 14 major exchanges, with a 24-hour trading volume of $5,220,269**—representing the exchange of over 154.7 million FLM tokens.

Over the last week, Flamingo has seen a decline of -8.43% from its peak, while its 30-day high shows a more significant drop of -23.25%. However, the coin has demonstrated resilience by rising 17.85% from its lowest point in the past month and 7.19% from its recent weekly minimum.

👉 Discover how Flamingo's price trends compare to other DeFi tokens in real time.

Key Technical Levels to Watch

From a technical analysis standpoint, FLM’s ability to hold above $0.0304** will be crucial for any upward momentum. This level acts as the **first support**, and if it fails to hold, the next downside target could be **$0.0167, which would represent a significant correction.

On the upside, breaking above $0.0395** could open the door to stronger bullish movement. This level is considered the **first major resistance**. A successful breakout here might propel FLM toward **$0.0470, with a longer-term target at $0.0536 if momentum continues.

Traders should monitor these levels closely, especially during periods of high volatility or broader market shifts in the DeFi sector.

Market Capitalization and Supply Overview

Flamingo currently boasts a market capitalization of $22 million, ranking it at #625 among all cryptocurrencies by market cap. With a circulating supply of 644 million FLM tokens, the project maintains a healthy balance between availability and scarcity.

The fully diluted valuation (FDV)—calculated by multiplying total supply by the current price—gives investors insight into potential future market cap if all tokens enter circulation. While total supply data isn’t fully disclosed, FDV estimates help contextualize FLM’s growth trajectory relative to peers.

Flamingo reached its all-time high (ATH) on April 11, 2024, when it hit $0.147534**. Since then, about **1 year and 2 months** have passed, and the price has corrected significantly. However, it's worth noting that FLM has rebounded strongly from its post-ATH low of **$0.013734, representing a 145.70% increase from that bottom.

Over the past 52 weeks, Flamingo’s price has ranged between $0.0137** and **$0.1080, showcasing both volatility and recovery potential.

Flamingo in the DeFi Landscape: Yield Farming and DAO Rankings

Launched as a multifaceted DeFi protocol, Flamingo integrates features like cross-chain asset management, yield farming, staking, and governance through its DAO structure. These functionalities have helped it secure notable rankings within niche crypto categories:

These rankings are based on market capitalization within each category, underscoring FLM’s relevance despite not being among the top-tier DeFi giants like Uniswap or Aave.

Compared to other cryptocurrencies launched in 2020, Flamingo performs above average in terms of trading activity. The average 24-hour trading volume for projects launched that year is around $2 million**, whereas FLM consistently maintains a volume near **$5 million, indicating stronger investor engagement and liquidity.

👉 See how DeFi tokens like FLM are shaping the future of finance.

Core Keywords and SEO Optimization

To ensure this content aligns with search intent and enhances visibility, here are the core keywords naturally integrated throughout:

These terms reflect common queries from users researching Flamingo, including price predictions, technical levels, market data, and category performance.

Frequently Asked Questions (FAQs)

What is Flamingo (FLM) used for?

Flamingo (FLM) powers a decentralized finance ecosystem that supports cross-chain asset transfers, yield farming, staking, and community governance via its DAO framework. Users can stake FLM to participate in protocol decisions or earn rewards through liquidity provision.

Where can I buy Flamingo (FLM)?

FLM is available on multiple cryptocurrency exchanges globally. It is listed on 14 active platforms, offering access to both spot and trading pairs. Always verify exchange credibility and security before purchasing.

What was Flamingo’s highest price?

Flamingo reached its all-time high of $0.147534 on April 11, 2024. Since then, the price has undergone correction but remains above its post-peak lows.

Is Flamingo a good investment?

While past performance doesn’t guarantee future results, Flamingo shows promise due to its active community, above-average trading volume for its launch year, and solid positioning in yield farming and DAO categories. As with any crypto investment, conduct thorough research and consider risk tolerance.

What are the key support and resistance levels for FLM?

The immediate support level is at $0.0304**—a break below could lead to a drop toward **$0.0167. On the upside, resistance lies at $0.0395**, followed by **$0.0470 and $0.0536 if bullish momentum builds.

How does Flamingo compare to other 2020-launched cryptos?

Among cryptocurrencies launched in 2020, Flamingo ranks above average in trading volume ($5M vs. $2M average), indicating stronger market interest and liquidity than most peers from the same cohort.

👉 Explore real-time analytics for FLM and similar DeFi assets.