Conflux (CFX) Price Prediction 2023, 2025, 2030, 2040 | Conflux (CFX) Price Forecast
Written by – Parth Jayswal
What is Conflux?
- The layer -1 blockchain that was built so that it can fuel up decentralized applications (dApps), Web 3.0, e-commerce infrastructure by providing, decentralized, huge growth, and safer than existing protocols.
- It becomes very easy to transer valuable assets with Conflux network by which process becomes fast, efficient, very less transaction fees and free from network congestion.The platform follows Tree-graph consensus mechanism (it optimizes security without sacrificing decentralization ) and to attain consensus it makes the combination of Proof-of-Work (PoW) and Proof-of-Stake (PoS) algorithms.
- The protocol utilizes smart contracts written in Solidity similar to Ethereum and is confortable with EVM (Etherum Virtual Machine).
- The native token of Conflux Network is CFX which accelerates its growth. It also motivates users by giving them financial incentives to participate and this increases engagement.
- There are multiple uses of token such as pay transaction fees, control the network, and it is given to miners as compensation because they secure the network via staking.
Conflux (CFX) Price – Key points
| Name of the coin | Conflux |
| Founders | Fan Long, Yuan Jie Zhang and Ming Wu |
| Ticker symbol | CFX |
| Circulating supply | 2,977,571,872.81 CFX |
| Total supply | 5,278,164,274 CFX |
| Maximum supply | Not available |
| Exchanges | Deepcoin, Binance, Bybit, OKX, and Bitrue |
| Wallet | Atomic wallet |
| Website | confluxnetwork.org |
Conflux (CFX) coin – Price statistics
| Conflux price | $0.2326 |
| 24h Low / 24h High | $0.2520/0.2756 |
| 7d Low / 7d High | $0.2520/0.2756 |
| All-time high (27th March 2021) | $1.70 |
| All-time Low (1st January 2023) | $0.02191 |
| Market rank | #60 |
| Fully diluted market cap | $1,225,264,868 |
| Market cap | $694 million |
| 24-hour Trading volume | $97 million |
| Market dominance | 0.046% |
Who are the Founders of Conflux?
- In 2018, Conflux was launched but the team was working behind its amazing technology since 2017.The purpose of Confux is to spread awareness regarding blcockhain education and research with the help of Tree-Graph Research Institute located in Shanghai.
- The founder of company is Fan Long, a very intelligent programmer who has mastered in the field of blockchain technology and cybersecurity. Fan Long completed his graduation from Tsinghua University and also has a additional degree in Ph.D. in computer science from MIT from where he was awarded with Best Dissertation award. At present, he is working as assistant professor at Toronto university.
- There are two co-founders working with Fan Long. Yuan Jie Zhang and Ming Wu (CTO), and the research director of company, Guang Yang. The main team consists of people such as, scientists, reaserchers, business managers, and other professionals.
- A well-known personality in the field of academic computer science Professor Andrew Chi-Chih Yao developed the protocol’s Tree-Graph consensus mechanism.
What makes Conflux (CFX) completely different from others?
- The Conflux project has different technical structure that is designed in such a way that can crack the problem of industry issues and make life comfortable for both dApp developers and common users.
- Conflux interconnects with other blockchains and we should be thankful to cross chain protocol, Shutterflow.Conflux can transfer assets with the help of cross-chain bridge to other networks like, Binance Smart Chain (BSC), Etherum, OKEx chain, and Huobi Eco Chain.
- The platform provides programmers access to safe, decentralized, and network which is scalable at very high level.Is also provides necessary tools and conditions that are compliant with relevant regulations.
- As per demand of investors and community of crypto, developers can make multi-chain, safe, expandable, censorship resistant dApps.
- Conflux makes the use of Tree-Graph consensus algorithm ensures growth without giving upon decentralization.Parallel processing of blocks and transactions allows the network to process 300-6000 TPS of data per second.If we make comparison with other networks such as Ethereum Conflux charges very less fees and we should be thankful to its scalability. Along with this, sponsors makes the payment of transaction fees, we are graceful with Fee sponsorship mechanism. Users with negative balance can continue their crypto journey by utlizing platform and increase engagement with blockchain.
- Along with this, the platform has merged staking system that provides users who stake their coins in exchange for rewards. Developers can prefer to select by making an offer of Staking inside dApps, and financial framework is provided by system for development of dApp.
Conflux (CFX) coin – Chart
How many Conflux (Coins) are there in circulation?
- The native token of Conflux network is CFX.It has multiple uses such as, to pay transaction fees, for storing value, and to earn income from staking rewards and other incentives from miners.The owners of CFX can participate in management of network and create an impact on how it grows and changes.
- On March, 2023, out of total supply of 5,278,164,274 $CFX, the circulating supply is 2,654,264,782 $CFX.
- The allocation of CFX coin is done as follows: 36% goes to core team and seed invstors, 40% is taken away by ecological fund, 8% to the community team, 16% to private investors and reserves.
How is the Conflux Network secured?
- Using both the original Proof-of-Work mechanism and utting edge tree- Graph algorithm, Conflux enables users to make safe transactions and avoid attacks at the protocol level. along with this network motivates miners by providing CFX tokens as rewards for their work and to ensure that Conflux will be authentic for long term period.
From where can you purchase Conflux (CFX)?
- As on March 2023, you can purchase Conflux (CFX) from many crypto exchanges and investing platform like Binance, OKX, Bitget, MEXC, Kucoin, MEXC, Deepcoin, XT.COM and many others.
Conflux (CFX) Price – Price history
- On 1st january, 2021, the opening price of Conflux (CFX) coin was $0.1346 and the closing price saw an increment and reached to $0.22910.The maximum price was $0.2420 and the minimum price it crossed was $0.1138. On 1st january 2021, the average trading volume was $30,190,243.
- On 1st April, 2021, the opening price was $1.1193 and the closing was $0.9988.The maximum price it crossed was $1.3559 and the minimum price it achieved was $0.7874. On 1st April, 2021, the average trading volume was $667,489,589. If we make comparision of average trading volume with January 2021, it has increased by 2110.94% which is very huge.
- On 1st August, 2021, the opening price of CFX coin was $0.2150 and closing price was $0.2982.The maximum price it reached was $0.4032 and minimum price it crossed was $0.1980.The average trading volume on 1st august, 2021, was $767,741,347. The average trading volume has seen an increment of 15% from $667,489,589 to $767,741,347.
- On 1st December, 2021, the opening price of CFX coin was $0.2778 and closing price was $0.1993.The maximum price it touched was $0.3276 and minimum price was $0.1855.On 1st december, 2021, the average trading volume was $635,949,117. If we compared trading volume with August, 2021,it has reduced by 20.72%.
- On 1st January, 2022, the opening price was $0.1993 and closing price was $0.1123. The maximum price it touched was $0.2360 and minimum price was $0.0913. The trading volume was $294,724,135 on 1st January, 2022. On 1st December, 2022, the trading volume was $635,949,117 and it was reduced to $294,724,135.
- On 1st April, 2022, the opening price was $0.1991 and closing price was $0.1350.The maximum price was $0.2117 and minimum price was $0.1350. On 1st April, 2022, the average trading volume was $677,814,403.The trading volume has increased by 129.98% compared to 1st january, 2022.
- On 1st December, 2022, the opening price of CFX coin was $0.0290 and closing price was $0.0219.The highest price of CFX coin it reached was $0.02926 and the lowest price was $0.0219.The average trading volume was $71,719,863.
- On 1st May, 2023, the opening price of CFX coin was $0.3201 and closing price was $0.2582. The maximum price of CFX coin was $0.3361 and the minimum price was $0.2466.The average trading volume was $1,049,795,351.
Conflux Network (CFX) – CFX to USD converter
Conflux Network (CFX) – Video
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Conflux (CFX) Price Prediction – 2023 to 2040
| Year | Minimum price ($) | Average price ($) | Maximum price ($) |
|---|---|---|---|
| 2023 | 0.23 | 0.53 | 0.57 |
| 2024 | 0.56 | 0.61 | 0.66 |
| 2025 | 0.76 | 0.88 | 0.94 |
| 2026 | 1.00 | 1.06 | 1.19 |
| 2027 | 1.00 | 1.06 | 1.19 |
| 2028 | 1.23 | 1.37 | 1.40 |
| 2029 | 1.75 | 1.90 | 1.93 |
| 2030 | 2.52 | 2.63 | 2.72 |
| 2040 | 5.45 | 6.25 | 6.85 |
Conflux (CFX) Price Prediction – 2023
- If market remains bearish, the minimum projected price is expected to reach $0.23.The average trading price during the mid of the year is estimated to hit $0.53.If market observes bullish trend, the maximum projected price is forecasted to reach $0.57.
Conflux (CFX) Price Prediction – 2024
- If market experiences decline, the minimum price forecasted is estimated to reach $0.56.The average trading price during the mid of the year is estimated to reach $0.61. If market observes bullish sentiments, the maximum projected price is estimated to reach $0.66.
- If we compare average trading price with year 2023, we can analyze that prices has increased by 15.09%.The minimum price has increased by 143.48 % while maximum price has increased by 15.79 %.
Conflux (CFX) Price Prediction – 2025
- If market faces dropdown in prices, the minimum projected price is estimated to reach $0.76. The average trading volume during the end of the year is predicted to touch $0.88. If market enjoys increment in prices, the maximum projected price is estimated to hit $0.94.
- If we compare average trading price with year 2024, we can analyze that prices has increased by 44.26%.The minimum price has increased by 35.71% while maximum price has increased by 42.42 %.
Conflux (CFX) Price Prediction – 2030
- If market experiences bearish sentiments, the minimum projected price is estimated to hit $2.52. The average trading price during the mid of the year is expected to touch $2.63. If market faces bullish trend it is possible that prices may skyrocket and the maximum predicted price is projected to reach $2.72.
- We can make technical analysis by comparing average trading prices of year 2030 with year 2025 we can see the difference that average trading prices has jumped by 198.86% and reached to 2.63.
- The minimum price has increased by 231.58 % while maximum price has seen an increment by 189.36 %
Conflux (CFX) Price Prediction – 2040
- If market observes bearish sentiments, the minimum projected price is estimated to reach $5.45. The average trading price is forecasted to reach $6.25. If market faces bullish sentiments, the maximum projected price is estimated to reach $6.45.
- If we compare average trading price with past 10 years i.e. 2030 we can observe that prices has increased by 137.64%.The minimum price has increased by 116.27% while maximum price has increased by 151.84%.
Questions asked by people:
Q1) Is Conflux (CFX) a good investment?
- As demand of cryptocurrency increases within next few years, Conflux (CFX) coin has very high potential. As per price prediction website Bitnation, by end of 2030 Conflux could reach all-time high at $2.53.
Q2) What is worth of Conflux (CFX) coin?
- The live price of Conflux today is $0.258731 USD and trading volume of past 24 hours is $147,550,234 USD. In last 24 hours, price of Conflux is down by 5.02%.The current ranking as per coinmarket cap website is #60. The circulating supply is 2,097,547,687 CFX and Total supply is 5,284,997,962 CFX.
Q3) What is All-time high and All-time low price of Conflux network (CFX) coin?
- The All-time high price is $1.70 and All-time low price is $0.02191 of Conflux network (CFX) coin.
FAQs
Q1) What is Market rank and Market cap of Conflux network (CFX) coin?
Ans – The market rank of Conflux network (CFX) coin is #60 and Market cap is $694 million as per coinmarket cap website.
Q2) What is Circulating and Total supply of Conflux network (CFX) coin?
Ans – The Circulatings supply is 2,977,571,872.81 CFX and Total supply of Conflux network (CFX) coin is 5,278,164,274 CFX.
Q3) What is fully diluted market cap of Conflux network (CFX) coin?
Ans – The fully diluted market cap of Conflux network (CFX) coin is $1,225,264,868.
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