
The recent buzz surrounding FLUX Coin primarily relates to its positioning as a scalable decentralized cloud service, potentially serving as an alternative to Amazon Web Services (AWS). This Decentralized Network aims to support Web 3.0 development. FluxEdge, a recent introduction from the network is expected to spark an Alt SZN, leading to speculation around its ROI potential compared to competitors like Web3Bay and Rei Network. Flux's Nvidia partnership signifies its efforts to ramp up Web 3.0 development as well. Drawing parallels to Render and Ride AI, Flux is expected to make significant strides post 5,000 connected GPUs.
FluxCore Beta, a new launch from Flux, aims to enhance compute efficiency and boost AI technology. The Flux Protocol successfully raised a $10.3M seed round to build DeFi Infrastructure on NEAR. Despite the news of early crypto investors cashing in and leaving Flux in the dust, the coin's long-term projection remains robust with a price prediction of 2,814% by 2030. Technical analyses of the FLUX market against LINK, Hive, DOT, BAT have also been released.
However, the whole cryptocurrency market including FLUX is in flux with ALT season and potential current fluctuations due to factors such as China rattling bulls, the ETH merge and the state of the stablecoin situation with over $2B in USDC redemptions in the last 30 days. The market performance of Flux along with other altcoins such as BTC, ETH, SOL, XRP have been noted for their fluctuating values recently.
FLUX Coin News Analytics from Thu, 15 Jan 2015 08:00:00 GMT to Wed, 02 Apr 2025 10:42:07 GMT - Rating 4 - Innovation 8 - Information 6 - Rumor -3