CFX Drops 6% After Conflux Network Says DWF Labs Bought $18M of Its Tokens
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.
24H Price
The Conflux price is $0.1315, a change of -4.39% over the past 24 hours as of 9:10 p.m. The recent price action in Conflux left the tokens market capitalization at $275,827,514.54. So far this year, Conflux has a change of 495.50%. Conflux is classified as a Currency under CoinDesks Digital Asset Classification Standard (DACS).
Conflux token's dour reaction is consistent with the prevailing investor disinterest in alternative cryptocurrencies.
CFX tokens initially spiked in price after Hong Kong’s decision on retail investors, which some say could lure capital from Chinese investors.
ALSO: The SIM card offers the security of a hardware crypto wallet but with more convenience, says Conflux’s chief technology officer in a Q&A with CoinDesk's Shaurya Malwa.
Users on Ethereum, Binance Smart Chain, Huobi ECO Chain or OKEx Chain would be able to convert digital assets on one of these networks to an identical asset on a different chain.
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