FLOW tokens plummeted 45% in the evening, triggering a chain reaction. The Korea Digital Currency Exchange Association immediately issued a notice requiring all platforms to suspend FLOW deposit and withdrawal services. Major exchanges like Upbit and Bithumb responded quickly and have implemented restriction measures. Behind this is a once-star project that faced a setback—the parent company of FLOW raised nearly $600 million in the previous funding cycle, focusing on the gaming blockchain sector, and was once regarded as the world's largest gaming chain project. From enthusiastic funding to a sharp decline and suspension, FLOW's experience also reflects the market's reassessment of blockchain gaming ecosystem projects.
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PhantomMiner
· 2h ago
45%?Fuck, this is a direct dump
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A project that raised 600 million USD collapses just like that, it cracks me up
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Another story where the "world's largest" becomes the "world's worst"
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The blockchain gaming track really needs a cleanup, too many pie-in-the-sky promises
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Korean exchanges have all stepped in, this time FLOW is really done for
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Wake up everyone, the amount of funding never equals the project's value
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Stop withdrawals? That’s a signal that they’re about to run
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Honestly, after seeing FLOW’s performance this time, I have little confidence in other gaming chains
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Yesterday I heard people praising how great FLOW is, and today it dumps and stops withdrawals. Isn’t the market so ironic?
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The era of gaming public chains is over, does anyone agree
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WhaleStalker
· 15h ago
Another new financing star has crashed, with a 45% plunge and direct suspension of withdrawals. The speed is incredible.
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GweiWatcher
· 15h ago
This wave of FLOW is truly incredible. The project that raised 600 million in funding suddenly collapsed. The blockchain gaming track is still too dependent on the "Ye Gong Hao Long" approach.
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A 45% plunge, stop withdrawals. Who can withstand this combined attack?
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They hyped FLOW so aggressively at first, and now it’s fallen so badly. I just want to know how top-tier VCs explain this.
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Another funding darling has crashed. It seems that having a lot of money doesn’t necessarily save a project.
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The Korean exchange’s move was so quick that it’s almost unbelievable. There are probably more stories behind it.
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The collective underperformance of gaming public chains is a wake-up call. No matter how good the concept is, it can’t stand without an ecosystem.
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OffchainWinner
· 15h ago
Another funding darling crashes. Where's the promised world's largest gaming chain?
FLOW tokens plummeted 45% in the evening, triggering a chain reaction. The Korea Digital Currency Exchange Association immediately issued a notice requiring all platforms to suspend FLOW deposit and withdrawal services. Major exchanges like Upbit and Bithumb responded quickly and have implemented restriction measures. Behind this is a once-star project that faced a setback—the parent company of FLOW raised nearly $600 million in the previous funding cycle, focusing on the gaming blockchain sector, and was once regarded as the world's largest gaming chain project. From enthusiastic funding to a sharp decline and suspension, FLOW's experience also reflects the market's reassessment of blockchain gaming ecosystem projects.