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FLOW Slides Below $0.10 as Crypto Market Cap Under Pressure
FLOW token has continued its downward trajectory, with the token now trading near $0.09 following a sustained selloff that has severely impacted its crypto market cap position. The broader weakness in the token reflects deeper concerns across the digital asset landscape.
At the time of the latest data refresh on January 5, FLOW's market capitalization stood at approximately $148.15 million, representing a significant contraction from previous levels. The token's 24-hour performance shows a -5.05% decline, underscoring the ongoing bearish sentiment surrounding this particular asset.
The sharp pullback in FLOW's valuation raises questions about the token's near-term momentum. Previously, the cryptocurrency had experienced even steeper declines, with historical data showing drops exceeding 42% during volatile market periods. These fluctuations highlight the crypto market cap dynamics and how quickly conditions can shift for mid-tier tokens.
Investors monitoring FLOW's performance should note that such volatility is not uncommon in the cryptocurrency space, particularly for projects operating in the Flow ecosystem. The current crypto market cap landscape remains challenged, and tokens like FLOW continue to face headwinds as broader market conditions remain uncertain.