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FLOW token experienced a severe market correction today. According to trading data, the asset plummeted from $0.17 to a low of $0.079—wiping out over 42% of its value in the 24-hour period. The token currently sits around $0.1 as it struggles to stabilize.
The sharp decline coincides with an official announcement from Flow Foundation, which disclosed they're actively investigating a potential security incident impacting the Flow network. While details remain limited at this stage, the disclosure has clearly rattled investor confidence, triggering the aggressive selloff.
This kind of price action—combined with unresolved security concerns—typically keeps traders on edge until the foundation provides clarity on the severity and scope of the issue.