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Conflux

Conflux priceCFX

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Conflux price live data summary

The live price of Conflux is $0.2351 per (CFX / USD) today with a current market cap of $926.30M USD. The 24-hour trading volume is $70.49M USD. CFX to USD price is updated in real time. Conflux is -3.09% in the last 24 hours. It has a circulating supply of 3,940,774,000 .

What is the highest price of CFX?

CFX has an all-time high (ATH) of $1.7, recorded on 2021-03-27.

What is the lowest price of CFX?

CFX has an all-time low (ATL) of $0.02191, recorded on 2023-01-01.

Conflux price prediction

Set your prediction

When is a good time to buy CFX? Should I buy or sell now?

When deciding whether to buy or sell CFX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget CFX technical analysis can provide you with a reference for trading.
According to the CFX 4h technical analysis, the trading signal is Sell.
According to the CFX 1d technical analysis, the trading signal is Sell.
According to the CFX 1w technical analysis, the trading signal is Neutral.
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Conflux price performance in USD

24h7d30d90d1yAll-time
-3.09%-27.93%-43.93%+19.69%-35.52%+185.11%

Conflux price history in USD

TimeLowHigh
24h$0.2247$0.2489
7d$0.1924$0.3607
30d$0.1924$0.5486
90d$0.1697$0.5486
1y$0.1004$0.5486
All-time$0.02191(2023-01-01, 1 years ago )$1.7(2021-03-27, 3 years ago )

Conflux market information

Market cap
$926,304,785.01
-3.09%
Fully diluted market cap
$1,173,114,191.45
-3.09%
Volume (24h)
$70,492,195.43
-51.02%
Market rankings
Circulation rate
+78.00%
24h volume / market cap
0.0761
Circulating supply
3,940,774,000 CFX
Total supply / Max supply
4.99B CFX
-- CFX
ICO price
$0.06400 ICO details

Conflux ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Conflux(CFX)

What Is Conflux?

Conflux Network, founded in 2018, is a Chinese blockchain project known for its innovative approach to creating a borderless transactional and technological ecosystem. As a public, regulatory-compliant, and permissionless blockchain, Conflux Network is dedicated to promoting principles like openness, inclusivity, and decentralization. It aims to create an environment that encourages fair and open access to emerging technologies. Major industry players like China Telecom, Tsinghua University, University of Toronto, Binance, Huobi, OKEx, and Chainlink have supported and partnered with the organization.

Resources

Whitepapers: https://confluxnetwork.org/files/Conflux_Economic_Paper_20201230.pdf

Official Website: https://confluxnetwork.org/

How Does Conflux Work?

Central to Conflux's groundbreaking blockchain technology is the innovative Tree-Graph consensus mechanism, which enables high throughput and low confirmation latency for transactions. Instead of using a traditional blockchain structure, Conflux employs a directed acyclic graph (DAG) structure to propagate transactions. This method significantly reduces confirmation time through the use of a confirmation oracle, resulting in a faster and more efficient blockchain network capable of handling a higher volume of transactions in less time than other blockchain platforms.

Conflux is also recognized for its support of smart contracts and compatibility with the Ethereum Virtual Machine (EVM), making it a desirable platform for developers creating decentralized applications (dApps). The Conflux network uses a dual-token economy, with its native token, CFX, serving as gas for transaction fees, while the secondary token, FC, is used for on-chain governance and participation in the network's staking mechanism. The economic model of Conflux is designed to incentivize participation and contribution, promoting a fair distribution of rewards among network participants.

What Is CFX Token

CFX is the native token of the Conflux Network, serving a vital role within the network's ecosystem. Used as gas for transaction fees, CFX compensates network participants for their contributions, such as validating and confirming transactions. Moreover, the CFX token is essential in the network's staking mechanism, incentivizing network participants to hold CFX and partake in the consensus process. By employing the CFX token for these purposes, Conflux Network has established a strong incentive structure that encourages active participation, fostering a robust and secure blockchain ecosystem.

Conflux's Impact on the Finance Industry

Conflux Network's innovations hold the potential to transform the finance industry. By offering a high-throughput, low-latency blockchain platform that complies with regulatory requirements, Conflux Network allows financial institutions to streamline operations, reduce costs, and enhance service efficiency. The network's support for smart contracts and compatibility with the EVM enable developers to create dApps that can automate and optimize financial processes, increasing transparency and reducing fraud risk. With its dual-token economy and incentive structure, Conflux Network cultivates a vibrant ecosystem that encourages active participation from network participants, resulting in a more secure and dependable financial infrastructure.

What Determines Conflux's Price

In the dynamic world of cryptocurrency, the Conflux Network has emerged as a prominent player, consistently making headlines with its robust performance and innovative technological advancements. Investors and enthusiasts are keeping a close eye on the Conflux CFX price today to make well-informed Conflux CFX price predictions. The fluctuation in the CFX token price is often influenced by various factors such as technological innovations, strategic partnerships, and regulatory compliance, especially in the Chinese market. As the network fosters collaborations with government bodies and leading platforms, an uptick in the Conflux Network price is anticipated, positioning it as a prime hotspot for potential investments.

Utilizing CFX crypto price analysis is an indispensable tool for investors navigating the volatile cryptocurrency market. A detailed analysis of the Conflux (CFX) market cap offers insights into the potential of this rapidly growing cryptocurrency. The CFX live price reflects the network's expanding influence in the blockchain sector, with its hybrid consensus mechanism striking a balance between security, scalability, and decentralization. This novel approach has significantly propelled the Conflux cryptocurrency price, drawing a growing cadre of investors and traders.

Cryptocurrency enthusiasts are converging on platforms such as Conflux (CFX) Reddit and Twitter to dissect the latest trends and developments. The chatter surrounding this cryptocurrency is escalating, further amplified by the network's high-profile partnerships and government collaborations. Investors are increasingly scrutinizing the CFX historical price data and the Conflux (CFX) price graph to evaluate the investment prospects and formulate informed decisions. The network's dedication to advancing blockchain education and research has fortified its market position, potentially steering the CFX token price in a positive direction.

In conclusion, the Conflux Network remains a pillar of innovation and growth in the cryptocurrency domain. As it continues to forge strategic alliances and develop pioneering solutions, fluctuations in the Conflux (CFX) price in USD are expected, paving the way for potential lucrative investments. Staying updated with the latest Conflux (CFX) news is vital for investors aiming to capitalize on this network's promising trajectory, cementing its status as a focal point in the ever-evolving blockchain and cryptocurrency sector.

How to buy Conflux (CFX)

Buying Conflux on Bitget is fast and simple.
You just have to create an account, complete identity verification, deposit funds, and your trading journey is all set!
For more information, refer to How to buy Conflux (CFX) .

Trade CFX perpetual futures

After having successfully signed up on Bitget and purchased USDT or CFX tokens, you can start trading derivatives, including CFX futures and margin trading to increase your income.

The current price of CFX is $0.2351, with a 24h price change of -3.09%. Traders can profit by either going long or short onCFX futures.

Join CFX copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or CFX tokens, you can also start copy trading by following elite traders.

Conflux news

See more
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BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31#Markets#Bitcoin ETF#BlackRock
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Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00#Business#Sushi#SushiSwap
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Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47#Business#Twitter#DOGE
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Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49#Bitcoin#NFT
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Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31#Social#Coinbase

People are also inquiring about the price of Conflux.

What is the current price of Conflux?

We update our Conflux to USD price in real time. Get the live Price of Conflux on Bitget.

What is the 24 hour trading volume of Conflux?

Over the last 24 hours, the trading volume of Conflux is $70.49M.

What is the all-time high of Conflux?

The all-time high of Conflux is $1.7. This all-time high is highest price for Conflux since it was launched.

Can I buy Conflux on Bitget?

Yes, Conflux is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Conflux guide.

Can I get a steady income from investing in Conflux?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Conflux with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.

Is Conflux a good investment?

Recognized as a leading cryptocurrency, Conflux is a powerful choice for portfolio diversification. Reasons to invest in Conflux are: Efficient & Scalable Blockchain: Conflux offers unmatched efficiency. Its blockchain design is tailored for the development of highly scalable dApps. With Web3 becoming increasingly mainstream, the surge in adoption is imminent. Rising Adoption Among dApp Developers: The expanding Conflux ecosystem is getting a nod from dApp developers and users alike. This burgeoning interest can significantly propel the CFX token's value. Increased Staking & Mining Activities: A spike in Conflux network’s staking and mining could translate into a bullish trend for the CFX price. Favorable Market Sentiment: As the broader cryptocurrency market garners positive sentiment, CFX stands to benefit. A risk-on market atmosphere often translates to robust buying activity, potentially boosting the Conflux pric

What factors influence Conflux price prediction?

Predicting the exact CFX price is challenging, but some key factors influencing its value are: Adoption & On-chain Activity: More dApps on Conflux equals potential CFX price growth. User engagement with these dApps can also spur price surges. Project Updates: Announcements of upgrades, partnerships, or investments in Conflux boost investor confidence, fueling bullish momentum. Market Sentiment: The broader crypto perspective, especially on Web3 and DeFi, directly affects CFX price. Positive sentiment pushes buying; negativity can depress prices.

What is CFX token use case?

CFX has a couple of use cases, such as; Utility Token: CFX facilitates transactions on the Conflux blockchain, powering dApp interactions and smart contract executions. Rewards for Miners: Contributing to Conflux's PoW consensus? Miners earn $CFX for validating transactions and producing blocks. Staking Opportunity: Unique consensus combines PoW with PoS finality, letting users stake CFX and reap rewards. Trading & Investment: Trade CFX against cryptos for market gains. Before trading, check Conflux coin's latest price, market cap, and trading volume. Thoroughly analyze CFX's price chart for insights.

What is the difference between Conflux and Bitcoin

Leveraging the Tree-Graph consensus algorithm, Conflux blockchain showcases unmatched efficiency, optimizing energy and computational resource use. Unique to Conflux, it utilizes not just the "winner block" but also the orphan and uncle blocks, ensuring no computational effort goes to waste. The result? Conflux Network boasts a staggering 6,000 transactions per second, maintaining the trusted and proven PoW security.

Is Confluc Network a Chinese blockchain?

While Conflux Network is a global, open public blockchain, many mistakenly associate it as a solely Chinese blockchain due to its strong ties, sponsorships, and partnerships within China. However, Conflux Network's vision and mission are undeniably worldwide.

What are the benefits of Conflux dApps?

Besides enjoying Conflux’s layer 1 speed and scalability without the complications of layer 2, users also gain from the Fee sponsorship contract. This ensures they can access dApps without fretting over fees. Even with a zero balance, users can test a platform, significantly enhancing user experience. Further perks include on-chain staking and potential grants for projects aligning with Conflux Network's vision.
Cryptocurrency investments, including buying Conflux online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Conflux, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Conflux purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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