There are issues with the $FLOW project that warrant caution.

Let's start with the core points: unlimited issuance mechanism, the project's historical problems, and counterparty risk. These factors are intertwined and have already constituted systemic risk.

Specifically, there is no cap on issuance, which means that the downward pressure on the token price is long-term and ongoing. Worse still, negative fee rates appear on the neighboring exchange, while this side has positive fee rates—think about what this reflects behind the scenes? The market's confidence in the project is very low. There are also signs of cooperation at the exchange level, and the ultimate outcome is nothing more than delisting or cleanup.

The project team has a history of issues, and their performance during this resurgence is even more concerning. A project that can freely issue tokens, rollback transactions, and has vested interests with the platform, involves risks that are impossible to quantify. Limited discussion on Twitter communities and chaotic internal information flow are all bad signals.

Regardless of bullish or bearish sentiment, this token is not worth participating in. In the long run, it will either be forcibly delisted or continue to be diluted. For retail investors, the only outcome of involvement is loss.

Recommendation: Stay away. Focus your energy on healthier projects—there are no opportunities here, only risks.