Conflux Token (CFX) Retraces After 39% Gains In Seven Days

Conflux Token (CFX) Retraces After 39% Gains In Seven Days

Conflux (CFX), the token powering Conflux’s high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on edge. However, it managed to climb back up over the course of the week, reaching a level of $0.330.

However, the token has faced a downward trajectory in the past four days, resulting in a decrease of over 19% in price. CoinMarketCap data shows that CFX has dipped around 2% in the last 24 hours. Despite this recent dip, optimistic projections for its future price persist.

While it may have encountered some setbacks, Conflux has remained one of the top performers in the past seven days, impressively gaining

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