Disney Announces Partnership: This Altcoin Price on Binance Jumped!

Disney has signed a partnership with NBA Top Shot producer Dapper Labs. This news sent the altcoin price jumping, with Dapper Labs behind it.
 Disney Announces Partnership: This Altcoin Price on Binance Jumped!
READING NOW Disney Announces Partnership: This Altcoin Price on Binance Jumped!

Entertainment giant Disney announced that it will launch an NFT collectible platform called Disney Pinnacle with NBA Top Shot producer Dapper Labs. So Dapper Labs is going beyond sports with digital Disney pins minted as NFTs in its altcoin project Flow. With the impact of this development, FLOW price experienced a sudden jump.

Altcoin price jumped with Disney partnership news!

Inspired by the physical pins that Disney sells at its theme parks and whose fans collect and trade, Disney Pinnacle will offer pin-inspired digital collectibles minted as NFTs on the Flow Blockchain, the same network as NBA Top Shot and NFL All Day. The platform will feature digital pins based on Disney, Pixar and Star Wars characters and features. As you follow from Kriptokoin.com, the market is wandering in the red zone today. This news became a catalyst for FLOW. The altcoin made a sudden jump of 10% following the news. FLOW, which later lost altitude, was traded at $0.7005 at press time, with an increase of 6.2% on a daily basis.

FLOW daily price chart. Source: CoinMarketCap

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