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Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria

Cryptocurrency Aug 05, 2022 04:00PM ET
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Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria

Flow (FLOW) logged its best daily performance on Aug.4 after becoming the latest blockchain to support Instagram's nonfungible token (NFT) features.

Meta CEO Mark Zuckerberg announced on Aug. 4 that Instagram had expanded its NFT support to 100 more countries in Africa, the Asia-Pacific, the Middle East and the Americas. As a result, more users can post digital collectibles minted on the Flow blockchain on Instagram.

FLOW/USD daily price chart. Source: TradingView
FLOW/USD daily price chart featuring BARR setup. Source: TradingView

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Insta-rally! FLOW token jumps 50% amid Instagram adoption euphoria
 

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