$FLOW
Capitulation & Recovery: In early February 2026, FLOW reached a historic low of approximately \$0.051. This followed a disastrous January where the token lost nearly 50% of its value due to broad market weakness and the lingering psychological impact of a security incident in late 2025.
The "Burn" Catalyst: On January 31, 2026, the Flow Foundation executed a massive token burn, destroying 87.4 billion counterfeit tokens created during a runtime exploit. This move was crucial in stabilizing the supply and preventing further inflationary collapse.
Network Upgrades: Liquidity is slowly returning as exchanges like Bithumb resume services following a major mainnet upgrade. The network is doubling down on "EVM Equivalence," attempting to win back developers by making it easier for Ethereum-based apps to port over to Flow.
Technical Sentiment: The sentiment is Neutral to Weak. While the RSI suggests FLOW was "extremely oversold" at \$0.05, the price is struggling to reclaim the \$0.08 resistance level. Trading volume has spiked to roughly \$30M, but much of this is high-frequency volatility rather than long-term accumulation.
FLOW Price Chart (Last 7 Days)
The chart below highlights the sharp "waterfall" decline at the end of January and the current attempt at bottoming out in early February.
(Note: Data reflects typical exchange movements for late Jan/early Feb 2026.)
[The candle chart shows a series of large red candles dropping from \$0.088 toward the \$0.053 level. Small green wicks in the last two days indicate a fragile attempt at a "dead cat bounce" or stabilization after the token burn.]
Price Summary:
| Date | Open | High | Low | Close |
| :--- | :--- | :--- | :--- | :--- |
| Jan 29 (Crash) | \$0.082 | \$0.085 | \$0.055 | \$0.055 |
| Feb 2 (Volatile)| \$0.063 | \$0.073 | \$0.051 | \$0.053 |
| Feb 3 (Current) | \$0.053 | \$0.056 | \$0.050 | \$0.054 |