Conflux (CFX) price It seems to have responded positively to the blockchain new partnership with XCMG Construction Machinery Co., Ltd with the token Post 17.90% jump in value in the last 24 hours.
XCMG, the third largest builder equipment world manufacturer, on March 27, announced It was entering into a partnership with CFX, a decentralized unlicensed layer 1 blockchain apps (dApps) and web3 infrastructure.
the agreement made Conflux XCMG’s official NFT partner and its channel for future web3 and blockchain use cases.
According to XCMG, this is the choice of CFX as a partner was due to the blockchain’s scalable ecosystem. Conflux is also the only public blockchain in China which is said to have complied with everyone of Strict regulations in the country, which gives it a distinct advantage edge for Project development and growth in Asia.
You could also like: Conflux coin increases 10 times, here’s why
CFX price Score 17.9% spike
On XCMG’s day announced Partnership, the CFX was trading as low as $0.3112, per data from CoinMarketCap. but, soon After becoming a partnership publicthe token’s price It rose slightly to end the day at $0.3157.
Things started heat up on On March 28, when the coin crossed the $0.34 level, it didn’t look like it back since.
on time of writingCFX has been beat off competition Frax Share (FXS) and Algorand (ALGO) took the lead on CoinMarketCap’s list of top gainers for today.
According to the encryption data price tracking websiteCFX increased by 17.90%. in 24 hours. He. She currently It is trading at $0.3866 and has a 24-hour period trading amount of $485,884,108, up nearly 100% from its level on March 28.
In the last 24 hoursthe token It was traded between a low level of $0.3271 and above of 0.3930 USD. she has live market hat of $1,026,852,375, ranked #51 by CoinMarketCap on that it list of The largest cryptocurrency market value.
The token’s recent increase in the number of US troops is remarkable, given that just three months ago, on January 1, it hit an all-time low price of $0.02191, when the industry was grappling with aftershocks of FTX breakdown.
In February, CFX also It jumped 44% after the company entered into a partnership with China Telecom to help He. She build Blockchain-based SIM cards.
is reading moreTop 5 profitable cryptocurrencies in February
