Flow’s native token FLOW has faced substantial selling pressure in recent trading sessions, with the coin market capital experiencing a significant contraction. According to the latest data, FLOW is currently trading at $0.09, down 6.26% over the past 24 hours, reflecting ongoing bearish sentiment across the market.
The broader collapse in FLOW’s valuation represents a watershed moment for the token. Over the preceding period, the asset had witnessed a devastating correction of over 42%, wiping significant value from investors’ portfolios. This sharp retracement sent the token’s market cap plummeting from previous levels to approximately $148.49 million, marking a substantial erosion of the project’s market standing.
The severity of FLOW’s downturn underscores the volatility inherent in cryptocurrency markets, particularly for mid-cap altcoins. As coin market capital metrics continue to decline, the token finds itself facing renewed headwinds, with short-term technical factors compounding longer-term structural challenges. The sustained weakness suggests that market participants remain cautious about near-term recovery prospects, with the $0.09 level now serving as a critical support zone to monitor.
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FLOW's Market Valuation Compressed to $148M as Sell-Off Intensifies
Flow’s native token FLOW has faced substantial selling pressure in recent trading sessions, with the coin market capital experiencing a significant contraction. According to the latest data, FLOW is currently trading at $0.09, down 6.26% over the past 24 hours, reflecting ongoing bearish sentiment across the market.
The broader collapse in FLOW’s valuation represents a watershed moment for the token. Over the preceding period, the asset had witnessed a devastating correction of over 42%, wiping significant value from investors’ portfolios. This sharp retracement sent the token’s market cap plummeting from previous levels to approximately $148.49 million, marking a substantial erosion of the project’s market standing.
The severity of FLOW’s downturn underscores the volatility inherent in cryptocurrency markets, particularly for mid-cap altcoins. As coin market capital metrics continue to decline, the token finds itself facing renewed headwinds, with short-term technical factors compounding longer-term structural challenges. The sustained weakness suggests that market participants remain cautious about near-term recovery prospects, with the $0.09 level now serving as a critical support zone to monitor.