Conflux (CFX) price has declined today.
The price of Conflux (CFX) is $0.134911 today with a 24-hour trading volume of $31,701,551.52. This represents a -1.80% price decline in the last 24 hours and a 6.60% price increase in the past 7 days. With a circulating supply of 2.1 Billion CFX, Conflux is valued at a market cap of $282,714,782.
What is Conflux
Conflux is a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols. Recently migrated to hybrid PoW/PoS consensus, Conflux provides a fast, secure, and scalable blockchain environment with zero congestion, low fees, and improved network security.
As the only regulatory compliant public blockchain in China, Conflux provides a unique advantage for projects building and expanding into Asia. In the region, Conflux has collaborated with global brands and government entities on blockchain and metaverse initiatives, including the city of Shanghai, McDonald's China, and Oreos.
To learn more about Conflux, visit confluxnetwork.org/
What is the Conflux (CFX) Token?
CFX is the native token for the Conflux Network. It is a hard-capped scarce asset used to pay fees, and secure the network through staking. Each CFX contains 10^18 Drip. Transactions on Conflux are handled similarly to those on the Ethereum network, with CFX playing a similar role as ETH. Users submit a contract with a gas limit and a gas price; the latter is denominated in CFX.
Users can interact with Conflux Network ecosystem applications through wallets. Users can use CFX to participate in governance votes, stake their tokens to earn network interest, or pay for the network's storage and transaction fees.
Where can I stake the Conflux token (CFX)?
CFX can be staked at any of the Staking Pools operated by the Conflux community. For the latest information please view the Conflux Forum
Where can you buy Conflux?
CFX tokens can be traded on centralized crypto exchanges. The most popular exchange to buy and trade Conflux is BingX, where the most active trading pair CFX/USDT has a trading volume of $710,554.77 in the last 24 hours. Other popular options include MEXC and Gate.io.
What is the daily trading volume of Conflux (CFX)?
The trading volume of Conflux (CFX) is $31,759,744.43 in the last 24 hours, representing a 26.70% increase from one day ago and signalling a recent rise in market activity.
What is the all-time high for Conflux (CFX)?
The highest price paid for Conflux (CFX) is $1.70, which was recorded on Mar 27, 2021 (over 2 years). Comparatively, the current price is -92.10% lower than the all-time high price.
What is the all-time low for Conflux (CFX)?
The lowest price paid for Conflux (CFX) is $0.021998984368, which was recorded on Dec 30, 2022 (9 months). Comparatively, the current price is 511.20% higher than the all-time low price.
What is the market cap of Conflux (CFX)?
Market capitalization of Conflux (CFX) is $282,714,782 and is ranked #113 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of CFX tokens (2.1 Billion tokens are tradable on the market today).
What is the fully diluted valuation of Conflux (CFX)?
The fully diluted valuation (FDV) of Conflux (CFX) is $712,330,430. This is a statistical representation of the maximum market cap, assuming the maximum number of 5.3 Billion CFX tokens are in circulation today. Depending on how the emission schedule of CFX tokens are designed, it might take multiple years before FDV is realized.
How does the price performance of Conflux compare against its peers?
With a price increase of 6.50% in the last 7 days, Conflux (CFX) is outperforming the global cryptocurrency market which is up 4.20%.
What is the market sentiment of Conflux today?
The community is bullish as more than 85% of users are feeling good about Conflux (CFX) today.