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What is the issue price of CFX coin? Introduction to the issue price and issue quantity of CFX coin
CFX coin's initial issue price was $0.04 USD, and its current market price is $0.03 USD, influenced by factors such as market conditions, supply and demand, platform development, and regulatory changes.
Oct 13, 2024 at 03:30 am
1. What is CFX Coin?
Conflux (CFX) is a decentralized blockchain platform designed to provide high throughput, low latency, and enhanced security. It utilizes a unique consensus algorithm known as Tree-Graph Consensus which enables parallel processing of transactions.
2. Issue Price of CFX Coin
The issue price of CFX coin was initially set at $0.04 USD during its public offering in May 2021.
3. Issue Quantity of CFX Coin
The total supply of CFX coins is capped at 10 billion. During the public offering, a total of 350 million CFX coins were made available, representing approximately 3.5% of the total supply.
4. Current Market Price of CFX Coin
As of [insert date], the current market price of CFX coin is $0.03 USD.
5. Factors Affecting CFX Coin Price
Like all cryptocurrencies, the price of CFX coin is influenced by various factors, including:
- Overall market conditions: Market sentiment towards cryptocurrencies can significantly impact their prices.
- Supply and demand: The availability of CFX coins in the market relative to the demand for them can influence the price.
- Platform development: Updates, partnerships, and technological advancements on the Conflux platform can affect the value of CFX coin.
- Regulations: Regulatory policies and government actions can influence the price of cryptocurrencies, including CFX coin.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
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