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Conflux-network

CFX

Conflux Network

CFX

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₹22.07

LIVE

24H Low ₹20.76

24H High ₹22.42

Price of CFX today

The current live price of CFX today is ₹22.07, with a 24-hour trading volume of ₹10,59,42,94,717.60. Our CFX to INR price is updated in real-time. CFX has seen a increment of 0.04% in the last 24 hours. With a live market cap of ₹1,03,69,96,31,365.44 , the circulating supply is at 4,722,483,203 CFX coins, with a maximum supply of 5,072,483,221CFX coins.

Conflux Network Price History

Date ComparisonAmount Change% Change
Today-₹0.22

0.99%

7 Days₹4.78

27.63%

30 Days₹8.92

67.87%

1 Year₹5.38

32.21%

Conflux Network Price Information

Price Change (1hr)

1.24%

Price Change (24hr)

0.99%

Price Change (7d)

27.63%

Conflux Network Market Stats

Market Cap

₹1,03,69,96,31,365.44

Fully Diluted Market Cap

₹1,11,38,51,79,683.36

24hr Volume

₹10,59,42,94,717.60

24.47%

Circulating Supply

4722483202.68 CFX

Total Supply

5072483220.59 CFX

Things to know about Conflux Network

What is the token?

  • Conflux Network (CFX) is a public layer-1 blockchain designed for DApps, e-commerce, and Web 3.0 infrastructure.

  • Based on the Tree-Graph consensus mechanism, combining PoW and PoS algorithms.

  • Turing-complete smart contracts written in Solidity, compatible with EVM.

Tokenomics

  • CFX is the native token of Conflux Network.

  • Used for transaction fees, network governance, and miner compensation.

Market Data

As of today #{today’s date}, the price of Conflux Network is ₹22.07 INR or 0.2508 USD, with a 24-hour trading volume of 120389712.7 USD. The market capitalization for Conflux Network is 1178404901.88USD. The circulating supply is 4722483202.68 Conflux Network, with the total supply also being 5072483220.59 Conflux Network.

Token Pros and Cons

Pros

  • Government Support: Backing from the Chinese government.

  • Scalability and Low Fees: High throughput and low latency.

  • EVM Compatibility: Facilitates easy onboarding for developers.

  • Staking Rewards: Passive income for users.

  • Interoperability and Liquidity: Enhances liquidity and enables multi-chain DApps.

  • Partnerships and Expansion: Established partnerships with significant entities.

Cons

  • Market Volatility: Subject to high price fluctuations.

  • Regulatory Risks: Regulation changes can impact the value and usability of CFX.

  • Competition: Faces competition from other blockchain platforms.

  • Limited Exchange Availability: Restrictions on accessing CFX through significant exchanges.

  • Dependence on the Chinese Market: Potential risks if the project cannot expand or if geopolitical issues affect the Chinese market.

Why Should You Invest in the Coin

  • High throughput, security, interoperability, and scalability.

  • Role in transaction fees, network governance, and miner compensation.

USP of the Coin

  • Tree-graph consensus mechanism, combining PoW and PoS algorithms.

Problem the Coin is Solving

  • Addressing scalability issues in existing blockchain protocols.

Founder and Team Background

  • Born from the top minds of Tsinghua University and the University of Toronto.

  • A diverse global team with the mission to promote cross-border collaboration.

ICO Price

  • It is not explicitly stated in the search results, but various funding rounds and token sale prices are mentioned.

Risks Associated with Investing in the Coin

  • Market volatility, regulatory risks, competition, limited exchange availability, and dependence on the Chinese market.

Whitepaper Insights

The Conflux Network whitepaper provides a comprehensive overview of the Conflux Network and its unique features. It details the network’s Tree-Graph consensus mechanism, which combines PoW and PoS algorithms to allow for the parallel processing of blocks and transactions. This mechanism significantly increases the network’s throughput, making it more scalable and suitable for large-scale applications.

The whitepaper also explains the role of the CFX token within the network. CFX is used to pay transaction fees, govern the network, and is given as compensation to miners who help secure the network. The token plays a similar role to Ether in the Ethereum network, with users submitting transactions with a gas limit and a gas price denominated in CFX.

The whitepaper also outlines the network’s security features, which include a highly tested PoW consensus mechanism. This provides increased security and helps prevent reentrance attacks.

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Price as per 01:24 AM • 07 Dec 2024

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What is the price of Conflux Network (CFX)?

The current price of Conflux Network (CFX) in INR is ₹22.07 INR.

What is the current CFX market cap?

The current market capitalization of Conflux Network (CFX) is ₹1,03,69,96,31,365.44 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of CFX by the number of coins in circulation.

What is the current supply of Conflux Network (CFX)?

The current supply of Conflux Network (CFX) is 4722483202.68 CFX. This figure represents the total number of coins that have been mined and are currently in circulation.

What is the 24 trading volume of Conflux Network (CFX)?

The 24-hour trading volume of Conflux Network (CFX) in INR is ₹10,59,42,94,717.60. This figure represents the total value of all CFX transactions across various exchanges within the last 24 hours.

How to Buy Conflux Network (CFX) in India?

To buy Conflux Network (CFX) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in CFX.

Can I buy Conflux Network (CFX) with UPI?

Yes, you can buy Conflux Network (CFX) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.

How to Convert Conflux Network (CFX) to Indian Rupee (INR)?

To convert Conflux Network (CFX) to Indian Rupee (INR), you can use our CFX/INR conversion rates in real time.

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