Conflux (CFX) Price

Conflux Price CFX

Set Conflux (CFX) Price
0.199754910 EUR
+0.012310503 EUR
10.66%
week

Conflux Market data

General information

Launch date
Category
DWF Labs Portfolio,
Proof of Work (PoW)
Official website
https://confluxnetwork.org/

Price performance

24h Low
0.198701000 EUR
24h High
0.206994000 EUR
All time high
27/03/2021
1.440000 EUR
-86.12%
All time low
01/01/2023
0.020566170 EUR
872.16%

Market data

Market rank
91
Market cap
748820896.00 EUR
Market dominance
0.04%
24h trading volume
34170052.00 EUR

Circulating supply

Circulating supply
3744856361.94 CFX
Total supply
5466809268.70 CFX
Max supply
∞ CFX

Conflux Price Overview

The current Conflux price is 0.200000000 EUR. The price has changed by -2.71% in the past 24 hours on trading volume of 34170052.00 EUR. The market rank of Conflux is 91 based on a market capitalization of 748820896.00 EUR. Conflux has a circulating supply of 3744856361.94 CFX. The highest recorded Conflux price is 1.440000 EUR. And the lowest recorded CFX price is 0.020000000 EUR.

How do Conflux price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

Analysing Conflux’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Conflux matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Conflux chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

You can consult an expert to tell you how to buy Conflux. However, it’s fast and easy to buy Conflux with the Kriptomat app. Conflux is available for immediate purchase at the current Conflux price quote of 0.200000000 EUR <span class='coin-currency'>EUR</span>. Current prices are always displayed in the Conflux chart.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Conflux

Many factors affect the value of Conflux.

The Conflux exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Conflux and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Conflux in the news, monitor CFX on Twitter. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Competition and ongoing technological changes make a difference too. Many Web3 tokens are related to established blockchains like Ethereum and Solana. Take Ethereum, for example. The Ethereum Foundation has been open about its plans for introducing new technology to the underlying blockchain. Will those innovations create an opportunity for Conflux? Or will they close a technology gap, rendering Conflux less valuable as an investment?

Live Conflux value and market cap

The live Conflux exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Conflux is equal to the value of Conflux multiplied by the number of Conflux in circulation.

What payment methods can I use to buy Conflux

What can you do with your Conflux?

Buy Conflux with euros

Access Conflux tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Conflux

Swap some or all of your Conflux for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Conflux

Use the Conflux you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Conflux for euros

Simplify your life with the Web3 wallet that lets you sell your Conflux for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Conflux

With Conflux, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Conflux at competitive interest rates.

Hold your Conflux

Your Conflux tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

Conflux Price FAQ

What factors influence the price of Conflux?

Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Conflux tracks the overall market, check out our comprehensive cryptocurrency price page.

What is the highest price of Conflux in EUR?

Conflux price history shows that Conflux has recorded a peak value of 1.440000.

What is the lowest price of Conflux in EUR?

Kriptomat data confirms that 0.020000000 EUR is the lowest recorded Conflux value.

This text is informative in nature and should not be considered an investment recommendation. It does not express the personal opinion of Kriptomat or its employees. Any investment is risky, and past returns are not a guarantee of future returns. Risk only assets that you can afford to lose. By using our services, you confirm that you are aware of the risks associated with using our services and that you fully understand and accept our non-liability for the risks related to virtual assets and your investment. More information is also available in our Risks of trading virtual assets and Terms of Use, and special warning notifications you receive while using our services.

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Trade CFX securely and privately on our mobile application with built in web3 wallet.

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