Recent updates from the cryptocurrency market reveal a positive trend for
Conflux (CFX). Potential growth for CFX is indicated in various price predictions. Bitcoin's stability over $64k fuelled a boost in the prices of a few cryptos, including CFX. In another exciting development, Conflux unveiled a fresh roadmap that led to a 10% rise in the coin's price. Additionally, Conflux announced a new collaboration with
Migu, a subsidiary of China Mobile, to launch blockchain-based video ringtones. The CFX token also exhibited exponential growth with a staggering 1300% rocketing in 2023. Notably, it formed partnerships with
World Mobile and
Tenet, a Layer 1 Blockchain, for a wider reach in China. Conflux’s contribution to blockchain innovation has not gone unnoticed. An EVM-Compatible Bitcoin L2 Solution was launched, resulting in an 8% surge in the price of CFX. Furthermore, the network underwent a hard fork upgrade, followed by a price rise of 18% due to a proposal for token burning. The Indonesian regulatory framework is becoming strict regarding Crypto Exchanges, mandating registration with a new Bourse, or facing possible shut-down. This news shook the world of cryptocurrencies, with Conflux being no exception. On a positive note, Coinbase added support for CFX along with two other major cryptos, sparking speculation of a potential price rally. Notably, Conflux showed an impressive run, exploding to a 310% rally. Rumors surrounding the 'China Narrative' stirred the market, with some forecasting a future surge for Chinese cryptos, including Conflux. Lastly, other than speculations, CFX emerged as one of the top-performing assets in February, spiking nearly 500% in a week.
CFX Coin News Analytics from Thu, 14 Jan 2021 08:00:00 GMT to Wed, 30 Oct 2024 10:46:00 GMT -
Rating 8
- Innovation 7
- Information 8
- Rumor 7
