CFX Price Prediction 2023-2030: Will CFX reach $100?

Latest Conflux Price

MetricLast 24 HoursTrend
Net Social Media Sentiment8.7%Steady

Article Coverage: Performance in the Last 12 Months, Latest News, Conflux Price Prediction Today, Latest Conflux Video, Is Conflux a Good Investment? Will Conflux reach $100? Conflux Price Prediction 2023-2030

Conflux (CFX) Price Performance so far

  • Year to Date (2023): +466.5%
  • Last 1 year: +194.1%
  • Since Launch (2020): +51.6%

Latest Conflux News

The Conflux Network has successfully undergone a hardfork upgrade, implementing CIP-107, CIP-112, CIP-113, CIP-118, and CIP-119. The network is now stable and running on version v2.3.0.

Bosie, a renowned gender-inclusive fashion brand in China, is at the forefront of combining fashion with technology. On January 7, 2022, they introduced 198 digital puzzles of their brand mascot, the “Bosie Goose”, minted on Conflux. These puzzles allow users to interact and collaborate, forming complete pixel art images of Bosie Goose. Successfully completing these puzzles offers users tangible rewards and cashback. This innovative integration of NFTs promotes active community engagement, turning the Bosie Goose images into trending memes in relevant online communities.

Conflux – Buy or Sell Poll

  • June 25th:+53.0%
  • July 5th: +54.8%
  • Sep 15th: +56.5%
  • Sep 19th: +55.6%

Conflux Price Predictions

Conflux Price Prediction Today, Tomorrow and Week

UTC: Sep 24th, 2023 06:34 PM

  • Conflux Price Prediction in the next 24 hours is between $0.124 and $0.127
  • Conflux Price Prediction this week is between $0.118 and $0.131

UTC: Sep 24th, 2023 01:08 PM
Overall OutlookPartially Bearish
1. Market's WisdomPartially Bearish
1a. Market DataPartially Bearish
1b. Technical RecommendationNeutral
2. Crowd's WisdomPartially Bearish
2a. Social Media BuzzLower
2b. Social Media SentimentSteady

Conflux Price Prediction 2023-2030

  • Conflux Price Prediction 2023 is $0.178
  • Conflux Price Prediction 2024 is $0.323
  • Conflux Price Prediction 2025 is $0.553
  • Conflux Price Prediction 2026 is $0.901
  • Conflux Price Prediction 2027 is $1.29
  • Conflux Price Prediction 2028 is $1.69
  • Conflux Price Prediction 2029 is $2.48
  • Conflux Price Prediction 2030 is $3.58

CFX Price Prediction: Will CFX reach $100?

To reach $100, Conflux will have to rise 345 times. At $100, CFX’s Market Cap would be $209 Billion. If Conflux were to rise at the rate of 25% every year, it would take 27 years to reach $100.

Looking at all the data, it looks unlikely that Conflux will rise to $100. A long-term Burn program could make it easier though.

CFX Price Prediction: Is Conflux a Good Investment?

Conflux is a China-based proof-of-work (PoW) network that utilizes a Turing-complete smart contract language similar to Ethereum. It is built on a technology that processes parallel blocks, resulting in increased transaction throughput and reduced confirmation times. Conflux supports a modified version of Solidity and Ethereum Virtual Machine (EVM) for its smart contracts, making it easy for smart contracts from Ethereum to migrate to Conflux.

CFX has a wide range of apps and partnerships covering DeFi (Not Strong), Infrastructure Companies, NFT and Analytics. Recent partnerships include China Telecom for Blockchain SIM Cards

Conflux Ecosystem

  1. Wallets: Fluent Wallet is the main wallet used on Conflux, which allows users to interact with both Conflux Core and Conflux eSpace, including testnets. Metamask, TokenPocket, BitKeep, and AnyWeb are some other wallets that support Conflux.
  2. Community & DAO Tools: CFX Faucet, Approval Checker, MultiSig, and Stampers are some high-quality tools that enable the management of users and assets within decentralized autonomous organizations (DAOs).
  3. Dapps: Conflux supports a wide range of Web3 applications, from gaming and NFTs to DeFi. Moonswap, Flux, Triangle DAO, Nucleon, and Goledo are some of the projects that have generated a lot of traction recently.
  4. PoS Pools: Conflux users can participate in staking pools to validate blocks on the blockchain network and earn rewards for their contributions. Artii, PHX Pool, Consensus Pool, ABC Pool, and HydraSF Pool are some of the popular PoS validators.
  5. Bridges: ConfluxHub, Multichain, Meson, cBridge, ShuttleFlow, and everPay are some of the bridges that have integrated Conflux, enabling cross-chain communication or cross-chain DeFi.
  6. DeFi: Swappi is the core DeFi protocol on Conflux eSpace. Conflux is ranked #71 in DeFiLlama by TVL, with $5M USD, which accounts for 0.01% of the total TVL market share.
  7. NFTs: Conflux supports NFT marketplaces such as Swappi, Moonswap, Zverse, UPLAB, NFTBox, Mints, Dionysos, TSpace, Taopai, NFTRainbow, and Maneki Meow.
  8. Centralized Exchanges: Binance, MEXC, OKX, and Kucoin are some of the centralized exchanges that have listed Conflux.
  9. Infrastructure: Unifra, ConfluxScan, and ConfluxHub are some of the infrastructure tools on Conflux that allow DevOps teams to specify the resources they need and configure them when building Web3 dApps.
  10. IDEs and Development Tools: Conflux Truffle, ChainIDE, Conflux Studio, Official SDKs, Conflux Hardhat, and Sign-In w/ Conflux are some of the integrated development environments that Conflux Core supports. Remix, Hardhat, Truffle, ethers.js, and web3.js can be used for Conflux eSpace development. The Conflux Developer Portal offers resources for building on Conflux, including getting started with the network’s unique features and hybrid consensus mechanism, building decentralized applications (dApps) on Conflux, and running a node on the network.
  11. Data Oracles: Chainlink and Witnet are the largest Oracle providers on Conflux, covering a wide variety of Oracle products like price feeds and verifiable random functions (VRF).

Conflux v2.2.5-testnet is announcing an upgrade to their testnet, primarily focused on resolving RPC changes and introducing improvements. The RPC changes include using hex format for pos and trace RPC data, adding new RPC methods for obtaining PoS ledger information and epoch receipt proof, and introducing an option for including Ethereum receipts in epoch receipts. The upgrade also brings improvements such as adding metrics for filter and pubsub API and refactoring the EVM code to enhance readability.

CFX Token

The Conflux network has a unique native token called CFX, which plays a role similar to Ether in the Ethereum network.

  • Transactions on Conflux require a gas limit and a gas price, which is denominated in CFX.
  • Token holders can earn interest on all illiquid tokens at a fixed rate by staking them.
  • In addition, tokens can be locked up in three different ways
    • Staking to earn interest
    • Bonded storage to purchase network space
    • To purchase votes in network governance.

Finally, the investor tokens are unlocked monthly over two years following the launch of Conflux. If the market spot price of CFX exceeds a certain value, the investor tokens may be unlocked in advance to provide liquidity to the CFX market.

Bluzelle Price Prediction

Overall, CFX has been a moderate case for Investment

CFX’s blockchain-enabled SIM (BSIM) card, enables users to interact with cryptocurrency-based applications.

  • The BSIM card will be built in partnership with China Telecom
  • The BSIM card integrates the hardware crypto wallet functionality into the SIM card
  • The major advantage of the BSIM card is that it provides the security of a hardware cold wallet while maintaining convenience and portability
  • There may be a small disadvantage for some users concerned about privacy since the BSIM card may need to be acquired with a know-your-customer.

Where is Conflux available for purchase?

Pool PARTY Price Prediction 2023-2030

Note: Crowdwisdom360 collates Predictions and data from all over the net and has no in-house view on the likely trends in the Stocks or Crypto Coins. Please consult a registered investment advisor to guide you on your financial decisions.

Cryptocurrency Price Predictions

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.