FLOW's Market Cap Contracts to $147M Amid Ongoing Downward Pressure

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Flow (FLOW) continues its bearish trajectory, with the token trading at $0.09 as of the latest market snapshot. The cryptocurrency has faced sustained selling pressure, reflecting broader volatility in the ecosystem.

Current Market Snapshot

Over the past 24 hours, FLOW has declined 5.59%, contributing to a compressed valuation landscape. The token’s market cap now stands at $147.66 million, marking a significant contraction from earlier levels. This downward movement aligns with a broader pattern of weakness that has characterized FLOW’s performance in recent weeks.

Market Context

The recent deterioration in FLOW’s price and market cap reflects the challenging market conditions facing the blockchain platform. Earlier reports highlighted a sharp 42% selloff that brought the asset to lower price discovery levels, with market participants reassessing the project’s current valuation.

What’s Driving the Weakness

The decline appears tied to broader market sentiment shifts and potential profit-taking activity. The compression in market cap from higher levels indicates reduced investor confidence at current valuations, with traders positioning defensively across the token’s trading pairs.

As market conditions evolve, attention remains on whether FLOW can stabilize and attract renewed institutional or retail interest at these lower price levels.

FLOW4,06%
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