Affected by the news that Binance removed FLOW from its monitoring platform, FLOW fell 7% to a new all-time low.
TL;DR
FLOW dropped 7% to a new all-time low of $0.075 after Binance added a monitoring label, leading to delisting concerns. This marks a decline of over 94% from its December 2024 high, with market cap now at $129 million.
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[FLOW Drops 7% to New All-Time Low Due to Binance's Report of Adding Monitoring Label] According to Mars Finance, on January 2nd, market data shows that FLOW briefly fell 7% due to news that Binance added a monitoring label to FLOW (leading to its delisting). This drop broke the previous low of $0.079 reached during the cybersecurity incident on December 27th, and the current price is $0.075, setting a new all-time low. This represents a drop of over 94% from its high of $1.262 in December 2024, leaving its market capitalization at only $129 million. According to CoinGecko data, FLOW was launched in October 2020, reaching an all-time high of $42.4 on April 5th, 2021, and its market capitalization briefly exceeded $5 billion on October 17th of the same year.