Conflux (CFX) is garnering attention in the cryptocurrency market with a notable increase in value. The coin, often referred to as the
'Chinese Ethereum', has seen a
100% surge in the wake of major plans including a
mainnet upgrade and the launch of an
AxCNH Yuan stablecoin pilot. Financial experts keep a close watch as the price hits
multi-month highs thanks to strong ecosystem growth, as well as a
119% weekly rally inspired by a pharmaceutical deal and a 3.0 upgrade. With exciting initiatives such as the development of a Rupiah-based stablecoin and partnerships with key players such as
China Mobile's Migu and
Bit.Store, CFX's upwards trajectory seems set to continue. The token's value more than doubled in one day, drawing attention to its potential. Despite this, some believe that fundamentals still lag behind the buzz. A recent 15% dump raised concerns and the RSI is nearing oversold. The purposeful hardfork V3.0.1 has made speculations about possible growth to $0.5. Price predictions for 2025 expected an explosive run, and there is curiosity whether CFX will hit $1 by 2030. Currently, it has been making headlines with its
successful market analysis and impressive live price charts. CFX Coin's value was impacted when DWF Labs bought $18M of its tokens, causing a 6% drop in its price. The coin is also gaining ground in the Indonesian market with the country's first crypto IPO and it
recently debuted on Binance, where its value has risen by 880% in three months.
CFX Coin News Analytics from Sun, 09 Sep 2018 15:55:47 GMT to Mon, 01 Sep 2025 07:00:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor -2