According to GMGN, LO0P briefly topped $5 million in market capitalization after extreme price swings, while Odaily warned that such highly volatile crypto assets can carry significant trading risk.
LO0P, described earlier as an Ethereum ecosystem token, was previously reported by GMGN to have surged more than 110x in one day, reaching a record market capitalization of $5.19 million. Newer input says the token later rose more than 500% intraday, with market capitalization briefly exceeding $5 million before retreating to $4.09 million. According to GMGN data cited in the newer report, FLOOD is a yield-bearing constant-product token built on a Uniswap v4 Hook with a total supply of 50 million, creating a naming discrepancy because the lead sentence refers to LO0P. Odaily warned that prices for such assets are highly volatile and urged caution.