Flux
FLUX
Watchlist
₹47.25
LIVE
Watchlist
24H Low ₹45.26
24H High ₹48.27
Price of FLUX today
The current live price of FLUX today is ₹47.25, with a 24-hour trading volume of ₹1,17,41,84,849.67. Our FLUX to INR price is updated in real-time. FLUX has seen a increment of 3.23% in the last 24 hours. With a live market cap of ₹17,74,78,51,908.41 , the circulating supply is at 374,389,485 FLUX coins, with a maximum supply of 440,000,000FLUX coins.
Flux Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | ₹1.19 | 2.57% |
7 Days | ₹4.04 | 9.33% |
30 Days | ₹1.48 | 3.2% |
1 Year | ₹9.51 | 25.32% |
Flux Price Information
Price Change (1hr)
2.91%
Price Change (24hr)
2.57%
Price Change (7d)
9.33%
Flux Market Stats
Market Cap
₹17,74,78,51,908.41
Fully Diluted Market Cap
₹20,85,81,04,095.54
24hr Volume
₹1,17,41,84,849.67
20.71%
Circulating Supply
374389484.5 FLUX
Total Supply
440000000 FLUX
Things to know about Flux
What is the token?
FLUX is the native cryptocurrency powering the Flux ecosystem, a decentralized Web3 cloud infrastructure. It serves multiple purposes within the ecosystem, including purchasing resources, collateralizing nodes, fueling transactions on FluxOS, and rewarding miners and FluxNode operators. The ecosystem aims to empower the development, deployment, and usage of the decentralized internet, featuring a native POW cryptocurrency, a decentralized computational network (FluxNodes), a Linux-based operating system (FluxOS), a digital asset platform (Zelcore), and the Flux blockchain for governance and interoperability with other blockchains and DeFi access.
Tokenomics
Total Supply:
440,000,000 FLUX
FLUX tokens are generated through mining without allocations for angel investors, VC investments, private placements, or pre-mining[10].
Market Data
As of today #{today’s date}, the price of Flux is ₹47.25 INR or 0.5339 USD, with a 24-hour trading volume of 13267625.42 USD. The market capitalization for Flux is 200540699.53USD. The circulating supply is 374389484.5 Flux, with the total supply also being 374389484.5 Flux.
Token Pros and Cons
Pros:
Decentralized Infrastructure:
Largest decentralized computational network, enhancing security and reliability[1].
Multiple Use Cases:
Used for purchasing resources, collateralizing nodes, and rewarding miners and node operators[1].
Interoperability:
Supports parallel assets for interoperability with other blockchains and DeFi access[1].
Community Governance:
FLUX holders can participate in on-chain governance, influencing the ecosystem's development[1].
Sustainable Mining:
Proof of Work consensus mechanism that aims for sustainability[13].
Cons:
Market Volatility:
Like all cryptocurrencies, FLUX is subject to market fluctuations[1].
Regulatory Uncertainty:
Potential regulatory changes could impact the ecosystem[1].
Technical Complexity:
The decentralized infrastructure may present a steep learning curve for new users[1].
Competition:
Faces competition from other decentralized cloud computing platforms[1].
Adoption Rate:
FLUX's success depends on the Flux ecosystem's adoption rate [1].
Why Should You Invest in the Coin?
Leading Decentralized Network:
Investing in one of the largest decentralized computational networks[1].
Growth Potential:
The continuous development and expansion of the ecosystem could increase FLUX's value[1].
Active Community:
A strong community and governance model allowing direct participation[1].
Interoperability and DeFi Access:
Unique position in the market due to its interoperability features[1].
Innovative Technology:
Investment in a project revolutionizing cloud computing and Web3 infrastructure[1].
USP of the coin
Largest Decentralized Network:
FLUX powers the world's largest decentralized computational network[1].
Comprehensive Ecosystem:
Offers a complete suite of tools for decentralized internet development[1].
Sustainable and Democratic Mining:
No pre-mining or allocations to insiders, promoting a fair distribution[10].
The Problem the coin is solving
FLUX addresses the need for a decentralized, secure, and scalable cloud computing infrastructure, aiming to empower the development and usage of Web3 applications without relying on centralized services[1].
Founder and team background
The Flux ecosystem was co-founded by Parker Honeyman, Tadeáš Kmenta, and Daniel Keller, who bring a wealth of experience in blockchain development, IT management, and engineering[13].
ICO Price
The FLUX token sale occurred from December 1 to December 4, as indicated by the Liquidity Bootstrapping Pool (LBP) event on Balancer.
The initial offering price for FLUX was USD 0.5 per token.
The ICO successfully raised $2,854,554.
50 million FLUX tokens were offered for sale during the ICO out of a total supply of 100 million FLUX tokens.
FLUX Protocol raised $10.3 million in a seed funding round announced on May 20, 2021. The round was led by Distributed Global, with participation from Coinbase Ventures, CoinFund, Uncorrelated Ventures, Figment Capital, and others.
Risks Associated with Investing in the Coin
Market Volatility:
Subject to the high volatility of the crypto market[1].
Regulatory Risks:
Regulation changes could impact the ecosystem's operations[1].
Technical Risks:
Potential vulnerabilities in the decentralized infrastructure[1].
Competition:
Strong competition from other blockchain and cloud computing projects[1].
Adoption Challenges:
The ecosystem's success heavily relies on widespread adoption[1].
Summary of the Whitepaper
The Flux whitepaper outlines the technical and economic framework of the Flux ecosystem, emphasizing its decentralized computational network, FluxOS, and the FLUX cryptocurrency. It details the ecosystem's components, including the native POW cryptocurrency, a decentralized computational network (FluxNodes), FluxOS, the Zelcore digital asset platform, and the Flux blockchain for governance and interoperability. The whitepaper highlights the ecosystem's commitment to decentralization, security, and scalability, aiming to empower developers and users in the Web3 space. It discusses tokenomics, including the total supply of 440,000,000 FLUX and the democratic distribution model without pre-mining or allocations to insiders. The document elaborates on the use cases of FLUX within the ecosystem, such as purchasing resources, collateralizing nodes, and rewarding miners and node operators. It also covers the governance model, allowing FLUX holders to participate in decision-making. The whitepaper underscores the Problem FLUX aims to solve: the need for a decentralized, secure, and scalable cloud computing infrastructure for Web3 applications. It concludes with the vision of Flux as a leading decentralized network that facilitates the development, deployment, and usage of decentralized internet technologies.
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Price as per 10:39 AM • 07 Nov 2024
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What is the price of Flux (FLUX)?
The current price of Flux (FLUX) in INR is ₹47.25 INR.
What is the current FLUX market cap?
The current market capitalization of Flux (FLUX) is ₹17,74,78,51,908.41 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of FLUX by the number of coins in circulation.
What is the current supply of Flux (FLUX)?
The current supply of Flux (FLUX) is 374389484.5 FLUX. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Flux (FLUX)?
The 24-hour trading volume of Flux (FLUX) in INR is ₹1,17,41,84,849.67. This figure represents the total value of all FLUX transactions across various exchanges within the last 24 hours.
How to Buy Flux (FLUX) in India?
To buy Flux (FLUX) 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 FLUX.
Can I buy Flux (FLUX) with UPI?
Yes, you can buy Flux (FLUX) 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 Flux (FLUX) to Indian Rupee (INR)?
To convert Flux (FLUX) to Indian Rupee (INR), you can use our FLUX/INR conversion rates in real time.