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Flare (FLR) Price Jumps 7% Upon Decision to Reinvest 50% of Token Sales

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$FLR, the native cryptocurrency of the EVM-based Layer-1 Flare Network, is up by 7% in the last 24 hours with trading volumes up by 64% to $88 million. The Flare price surge comes as the network announces some key updates to the $FLR tokenomics.