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Key Points: The digital asset market developer and investment business DWF Labs has donated $10 million to the Layer 1 blockchain Conflux (CFX) through a token sale. The CFX tokens purchased by DWF Labs will progressively unlock over time, according to Conflux co-founder Fan Long, and the fund will benefit Conflux in developing its ecosystem.
According to a recent press release, Web3 investor DWF labs has invested $10 million toward the development of the blockchain platform Conflux.
Conflux's native token CFX has gained following the news of a $10 million investment from DWF Labs.
Conflux, a Layer 1 blockchain developer, raised $10 million from DWF Labs in token round.
Conflux (CFX), the native token of the recently introduced blockchain, has declined by over 40% since its high of $0.3595 a week ago.
Conflux Network, a permissionless Layer 1 blockchain connecting decentralized economies across borders and protocols, has teamed up with Alchemy Pay for easy fiat on-ramp to its ecosystem.
The crypto market has gained momentum with the start of 2023 — with the total market capitalization surpassing the $1 trillion mark. Some assets have continued the upward trend in February as well.
The crypto market has gained momentum with the start of 2023 — with the total market capitalization surpassing the $1 trillion mark. Some assets have continued the upward trend in February as well.
Conflux (CFX), regarded as China's MATIC, has continued its upward trend following the news of its consistent and major ecosystem growth. At the time of writing, the digital currency is trading at a price of $0.2339, up by 8.74% and 241% over the past month.
This article is all about the top 5 cryptocurrencies that performed well in the last seven days. Let's take a look at it in more detail.
Two Ethereum (ETH) rivals are skyrocketing this week, far outpacing both Bitcoin (BTC) and the crypto markets in general. Filecoin (FIL) and Conflux (CFX) have risen 93% and 45% respectively during the last seven days, continuing the defy crypto market trends.
Both Conflux (CFX) and BudBlockz (BLUNT) tokens are making some bullish moves as their prices show an uptrend while Bitcoin is holding around 24K.
A new blockchain in town is making waves – Conflux (CFX). This layer-one blockchain has been climbing the ranks and has quickly become one of the year's biggest gainers.
Conflux (CFX), the native cryptocurrency of the Conflux network, has recorded a tremendous increase in the last seven days, surging
It appears the China hype has pushed some local altcoins to unseen heights, including Conflux.
While China shows signs of becoming more accepting of cryptocurrency trade, Conflux (CFX) is also quickly becoming one of the crypto assets that is expected to be one of the best performers in 2023. By June 1, 2023, Hong Kong is expected to make the buying, selling, and trading of cryptocurrencies legal for all of its citizens, according to reports.
Following the announcement by the network the previous week that it will be collaborating with China Telecom to launch Blockchain SIM (BSIM) cards, the price of Conflux (CFX) has skyrocketed to new heights.
The Conflux coin price has been rising for six consecutive days and registered a 500% growth. This perpendicular rally has breached multiple resistance and has pushed the altcoin price to its current level of $0.311.
Social media metrics show strong retail investor sentiment behind the ongoing CFX price rally.
Conflux Network (CFX) recorded a 73.65% increase in the last 24 hours, according to CryptoSlate data.
China's supposed MATIC competitor, Conflux (CFX), is among the top-performing altcoins today as it is up 68.77% to $0.2877. Known for its extreme volatility, Conflux is now up 455.95% over the trailing seven-day period, marking its bid as the best-performing altcoin within that time frame.
Despite a price increase of more than 300% in the previous seven days, the rally of this altcoin does not seem to be over yet.
Conflux, a first-layer consensus blockchain, touts itself as the only “regulatory compliant, public, and permissionless blockchain in China.” The project's CFX token was the best-performing token for the week ending Feb. 20.
The price of Conflux (CFX) is flying high after the network announced last week that it is joining forces with China Telecom to roll out Blockchain SIM (BSIM) cards. At the time of writing, CFX has ballooned to a commanding 310% in the last seven days, data from Coingecko shows.
