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$FLOW Flash Crash 45%！
And the reason is not $FLOW team's fault, but a chain reaction from the ecosystem partner collapse—Blocto's shutdown chain reaction 🚨
$Flow Designed specifically for NFT, gaming, and DeFi. High performance (TPS over 1000), using Proof of Stake consensus. ATH in 2021 nearly $40, once a star during the NFT boom, but by the end of 2025, it had fallen below $0.30.
Trigger: Blocto Wallet shutdown
On December 12, 2025, Blocto (a multi-chain wallet, deeply integrated with the Flow ecosystem, supporting NFT trading, gaming interactions, and DeFi) announced the shutdown of core services on X:
- Blocto Wallet
- BloctoSwap (decentralized DEX exchange)
- Blocto Teleport (cross-chain bridge)
Shutdown effective date: December 18. Node staking services retained.
Reason: Over $5.5 million in losses, directly attributed to $FLOW 's prolonged price decline, making operations unsustainable. Blocto is a key player in the Flow ecosystem, and its shutdown is like the first domino to fall.
Investors panic, seeing it as a dead chain, depending on whether $flow team can come to the rescue…😳