What is the issuance price of Flare coins?

Flare coins were issued in December 2020 at $0.00043 each and distributed via airdrops to eligible XRP holders.

The issuance price of Flare coins is US$0.00043 per coin.

Airdrop and issuance of Flare Coin

Flare Coin is a smart contract-based distributed ledger designed to provide liquidity and utility to blockchain assets . Launched in December 2020, Flare Coin was distributed through an airdrop of 15 billion FLR tokens to XRP holders.

Airdrop Allocation

Users holding XRP were eligible for airdrops at the time of the December 12, 2020 snapshot. Airdrop tokens are distributed proportionally to the amount of 1 million XRP a user holds.

Issue Price

At the time of the airdrop, the issuance price of Flare coins was set at $0.00043 per coin. The price is based on the Flare Coin team’s assessment of the token’s value and takes into account market expectations for the project.

Current Market Price

The price of Flare Coin has fluctuated since its release. At the time of writing (February 2023), Flare coins are trading at approximately $0.037 per coin.

Flare Price Increases

As of 13:00 on September 29, 2024, the price of Flare (FLR) is $0.01597, with a 24-hour trading volume of $6.14 million .

Price Moving Factors

• Flare’s price increase is driven by the market’s growing confidence in Flare’s vision and technology infrastructure.
• Investors expect Flare to facilitate the development of new projects and improve existing protocols.

Future Price Movement

Flare’s long-term price movement depends on market confidence in the technology and adoption of the Flare ecosystem.

Recommendations for Action

• Research the Flare project and team before investing.
• Consider market sentiment and industry trends.
• Diversify investments and control risks.

Short Term Forecast

• In the short term, Flare’s price is expected to be volatile, but the long-term outlook is promising.

Indicators

• Current Price: 0.01597 USD
• 24 Hour Volume: 6148812.89 USD
• Circulation Market value: US$774108887.38
• Circulation volume: 48464175852.479 FLR
• Total supply: 48464175852.479 FLR

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