Conflux spikes over 70% in last 24 hours Conflux spikes over 70% in last 24 hours
CFX is being traded for around $0.3, which marks a +73% increase in the last 24 hours and a +483.49% increase in the last seven days.
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Updated: Feb. 20, 2023 at 4:14 pm UTC
Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content.
Conflux Network (CFX) recorded a 73.65% increase in the last 24 hours, according to CryptoSlate data.
The CFX token is being traded for around $0.303 at the time of writing.
The current price level also marks a 483.49% increase in the last seven days and a 926.41% spike over the previous 30 days. Despite the substantial growth, the CFX is still 69% lower than its all-time high at $0.97, which was recorded on May 12, 2021.
The Conflux team has inked two meaningful partnerships since the beginning of the year. At the end of January, Conflux protocol was successfully integrated with a Chinese app called Little Red Book. The integration allowed Little Red Book users to mint NFTs. The CFX token responded by surging 60% in one day.
On Feb. 15, the Conflux team signed a second partnership with China’s second-largest wireless carrier, China Telecom. The duo announced they joined forces to develop Blockchain-enabled SIM cards (BSIM). Responding to this news, the CFX token recorded a 134% surge in 24 hours.
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Zeynep Geylan
Zeynep is an academic who turned to crypto in 2018. Originating in social sciences, she is especially interested in the social impact of blockchain and cryptocurrencies and strongly believes in their transmuting power.
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Conflux Network is an open protocol for a new world of DApps, finance, and Web 3.0.
Conflux
Conflux is the State-of-the-Art public blockchain system that can achieve high TPS without sacrificing decentralization or safety.