The price of Flow (FLOW) has surged after Meta announced that it will roll out the Instagram NFT feature in 100 countries and expand it to new platforms.
Meta, the owner of popular social media platforms, announced that the Instagram NFT feature was expanded to 100 countries yesterday evening. Also, the Flow network has been added to the NFT feature, which initially supports Ethereum and Polygon blockchain networks. After Meta’s announcement, the price of Flow rose by over 35 percent after Meta.
Flow Gets First Share of Instagram NFT Feature
The price of Flow has soared after the meta, photo and video sharing platform Instagram recently announced the expansion of the NFT feature.
In the beta phase, Rainbow, MetaMask, Trust wallets can be used, and now Coinbase and Dapper wallets can be used in the Instagram NFT feature. Also, in addition to the existing blockchain networks Ethereum and Polygon, the Flow network was launched.
The price of Flow increased by 52.88 percent in the last 10 hours to $2.60 as it was accepted as Meta’s new network. At one point in the post-announcement period, it rose to $2.84, reaching its highest level since May 31.
You can find more details about the Instagram NFT feature here.
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