In brief
Instagram has added support for Flow-based NFTs as it expands its NFT initiative into more than 100 total countries.
FLOW has surged in price as a result, up about 44% over the past 24 hours.
Instagram is expanding its NFT initiative internationally to more than 100 countries, parent company Meta announced today, plus it’s adding support for NFTs created on the Flow blockchain. Now the FLOW token is pumping as a result.
FLOW is up nearly 44% over the past day, per data from CoinGecko, with nearly all of that rise coming since Meta’s announcement this morning. As of this writing, FLOW is trading at $2.76 per token, with the latest price action bringing its 30-day rise to nearly 72%.
Instagram’s expanding integration lets collectors showcase their verified Flow NFTs on their account in Meta’s photo-sharing service. The initiative first launched in the U.S. to select users in May, and now has expanded to include countries in Asia, Africa, and the Middle East as well.
The...
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