Flamingo (FLM) is a decentralized finance token that operates within the Neo blockchain ecosystem. Launched in September 2020, it has become notable for its role in yield farming and decentralized autonomous organizations (DAOs). This article provides a comprehensive analysis of FLM's market performance, price trends, and essential metrics.
Current FLM Market Performance
As of early July 2025, Flamingo (FLM) is trading at **$0.0337**, reflecting a decrease of approximately **1.50%** over the past 24 hours. The token opened today's trading session at $0.0340 and has demonstrated moderate volatility throughout the day.
Trading activity remains robust with over 154 million FLM coins exchanged in the past 24 hours, equivalent to a trading volume exceeding $5.2 million. FLM is currently available for trading on 14 major cryptocurrency exchanges, providing ample liquidity and access for investors.
Price Analysis and Key Levels
Recent performance indicators show mixed signals for FLM. Compared to maximum prices recorded over the past 30 and 7 days, the token has declined by approximately 23.25% and 8.43% respectively. However, it has also shown resilience by gaining 17.85% and 7.19% from the minimum prices recorded during these same periods.
Resistance and Support Levels
Based on technical analysis, several key levels are critical for FLM's price movement:
Resistance Levels:
- First major resistance: $0.0395
 - Second resistance: $0.0470
 - Third resistance: $0.0536
 
Support Levels:
- Primary support: $0.0304
 - Secondary support: $0.0167
 
Maintaining above the $0.0304 support level is crucial for potential upward movement toward higher resistance levels. A break below this support could indicate further downward pressure.
Market Capitalization and Valuation
Flamingo currently ranks at #625 among cryptocurrencies by market capitalization, with a total market cap of approximately $22 million. The circulating supply stands at 644 million FLM coins.
The fully diluted valuation (FDV) is calculated using the total supply multiplied by the current price. This metric provides insight into the token's potential market capitalization if all coins were in circulation.
Historical Performance Context
FLM reached its all-time high price of $0.147534 on April 11, 2024. Since achieving this peak, the token has experienced significant volatility but has maintained substantial gains from its post-ATH low of $0.013734, representing an increase of over 145% from that bottom.
Over the previous 52 weeks, FLM has traded between $0.0137 and $0.1080, demonstrating considerable price range and volatility characteristic of emerging DeFi tokens.
Comparative Market Analysis
When compared to other cryptocurrency projects launched in 2020, Flamingo demonstrates above-average trading volume. The average trading volume for the 878 coins launched in 2020 is approximately $2 million, while FLM consistently maintains around $5 million in daily trading volume, indicating stronger market engagement and liquidity.
Category Rankings
Flamingo holds notable positions in specific cryptocurrency categories:
- Yield Farming: Ranked #25
 - DAO Tokens: Ranked #41
 
These rankings reflect FLM's significant presence within these specialized segments of the cryptocurrency market.
Investment Considerations
When evaluating FLM as a potential investment, several factors warrant consideration:
Strengths:
- Established presence in growing DeFi sectors
 - Consistent trading volume above category averages
 - Strong community support within the Neo ecosystem
 
Risks:
- High volatility typical of mid-cap altcoins
 - Sensitivity to broader cryptocurrency market trends
 - Regulatory developments affecting DeFi protocols
 
Investors should conduct thorough research and consider their risk tolerance before engaging with FLM or any cryptocurrency. 👉 Explore more market analysis tools
Frequently Asked Questions
What is Flamingo (FLM)?
Flamingo is a decentralized finance token built on the Neo blockchain that facilitates yield farming and participates in decentralized autonomous organization governance. It enables users to engage in various DeFi activities including liquidity provision and staking.
How can I purchase FLM tokens?
FLM is available on multiple cryptocurrency exchanges. You can acquire tokens by creating an account on a supported exchange, depositing funds, and executing a buy order for FLM. Always ensure you're using reputable platforms and practice secure storage methods for your assets.
What factors influence FLM's price movement?
FLM's price is influenced by overall cryptocurrency market trends, adoption within the Neo ecosystem, developments in the Flamingo protocol, trading volume fluctuations, and broader DeFi sector performance. Market sentiment and investor perception also play significant roles.
What is the difference between market cap and fully diluted valuation?
Market capitalization calculates value based on circulating supply, while fully diluted valuation estimates potential market cap if all tokens were in circulation. The latter provides perspective on possible future valuation but may not reflect current market conditions.
How does FLM compare to other yield farming tokens?
FLM ranks among the top 25 yield farming tokens by market capitalization. It offers unique features within the Neo ecosystem but competes with similar protocols on other blockchains. Performance varies based on protocol utility, tokenomics, and community adoption.
What are the main use cases for FLM tokens?
FLM tokens primarily serve governance functions within the Flamingo DAO, enable yield farming opportunities, facilitate liquidity provision rewards, and participate in various DeFi mechanisms within the Neo ecosystem. The token's utility continues to evolve with protocol developments.
Conclusion
Flamingo (FLM) represents an established player in the DeFi and DAO spaces with consistent trading activity and a dedicated community. While current price action shows some downward pressure, the token maintains significant gains from its historical lows. As with any cryptocurrency investment, potential investors should monitor market conditions, conduct thorough research, and consider their investment strategy carefully. The DeFi landscape continues to evolve, and tokens like FLM that maintain strong fundamentals may present opportunities for informed participants.