Conflux (CFX) is a cryptocurrency based on blockchain technology, currently trading at $0.157096 USD with a variation of 0.29%. Ranked 84th by market capitalization, Conflux has a capitalization of $543.09 million USD and a trading volume of $28.69 million USD (data from
CoinMarketCap).
Table of Contents:
Conflux (CFX) Current Performance
Latest Performance Data
- Last Month: +20.2%
- Last Year: +302.8%
- Since Launch (2020): +83.4%
Forecasts and Milestone SEO for Conflux (CFX)
Conflux Price Forecasts: Today, Tomorrow and Next Week
- Forecast for the Next 24 Hours: $0.156 — $0.162
Overall Trend
- Overall Outlook: Neutral
- Market Wisdom: Partly Bearish
- Market Data: Partially Bearish
- Technical Tip: Neutral
- Crowd Awareness: Partially Bullish
- Buzz on Social Media: Alto
- Social Media Sentiment: Stable
Price Forecasts for Conflux: 2023-2030
- Forecast for 2023: $0.176
- Forecast for 2024: $0.328
- Forecast for 2025: $0.553
- Forecast for 2026: $0.892
- Forecast for 2027: $1.27
- Forecast for 2028: $1.67
- Forecast for 2029: $2.45
- Forecast for 2030: $3.54
Conflux (CFX) at $100: Possible Scenario and Investment Evaluation
To reach $100, Conflux would have to increase 345x, bringing its market capitalization to $209 billion. Considering an annual growth of 25%, it would take 27 years to achieve this goal. However, current data suggests that reaching $100 is unlikely, even if a long-term burn program could ease the
process.
Conflux: A Valid Investment?
Conflux is a China-based proof-of-work (PoW) network that uses a comprehensive Turing smart contract language similar to Ethereum. It supports a modified version of Solidity and Ethereum Virtual Machine (EVM) for its smart contracts, facilitating the migration
from Ethereum to Conflux.
Conflux Ecosystem and Partner
DeFi on Conflux
- TVL (Total Value Locked): $20.49M [On the Rise]
- Past 7 Days: +31.1%
- Past 30 Days: +22.3%
Latest Conflux News
- NewTribe Capital announces a significant strategic partnership with Conflux Network to expand Conflux’s presence in the United Arab Emirates.
Community votes on Conflux: Buy, Sell or Keep?
- June 25: +53.0%
- July 5: +54.8%
- October 20: +50.0%
- October 25: +50.9%
- Options: Sell, Keep, Buy
Where to Buy Conflux (CFX): Available Platforms
- Binance
- Bybit
- Coinspot
- Gate.io
- Kucoin
- MEXC
- OKX
Conclusion on Conflux’s Performance and Future
Overall, Conflux has proven to be a moderate investment case. With the support of a diverse ecosystem, key partnerships, and realistic price forecasts, Conflux could present attractive opportunities in the long term. However, caution is always advised in the volatile world of cryptocurrencies
.