Home CryptocurrencyHere’s why the conference is increasing today

Here’s why the conference is increasing today

by Hammad khalil
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The Confax Price on Tuesday went on to grow up to 40% among enthusiasts about the upgrade and its yuan-based stabeloin effects.

Summary

  • The Conflux Price formed a God candidate before the quarterly community call.
  • Devilopers will have details of upcoming hard form.
  • Conflux 3.0 will introduce rapid speed, AI agent features and stablecoin support.

Conflux (CFX) token reached a high level of $ 0.2730, its highest point since April last year, and now this year is 370% from its lowest point, making it a market capitalization of more than $ 1.3 billion.

Conspux 3.0 continues from promotional community calls

The CFX tokens increased in a high-length environment, with more than 425% to $ 772 million in daily volume. Over $ 98 million of Monday, its futures open interest also exceeded $ 164 million.

Rali confirmed that quarterly community calls would take place on Wednesday. This call will highlight the second activity and provide a secretly peeping into the upcoming Concemux 3.0 upgrade.

The upgrade and hard inquiry for August will improve the current 3,000 – 6,000 transactions from 15,000 to 15,000 to 15,000 transactions.

Most notable, Conflux 3.0 will offer support for artificial intelligence agents. This improvement will be enabled devilopers to create AI-enabled products and services.

Another major feature developed in collaboration with Anchorx, CNH Stablecoin aims to increase the border pay payment and disposal of real -world assets, also known as RWA.

Conflux 3.0 will also tell both proof-work and proof-of-set mechanism to promote scalability and decentralization. As a result, the CFX price is increasing as investors hope to announce the official release date during the community calls.

Crisis price technical analysis

Hesitant value
CFX Price Chart | Source: Crypto.news

The daily chart suggests that CFX has revolted in the last few months, which has climbed a low of $ 0.0636 in April to $ 0.2726 today. Concelx has formed a golden cross pattern as a 50-day and 200-day moving average.

CFX has formed a cup-and-handle pattern, with a horizontal support base and a round bottom. The pattern has a deputy of about 76%, stating that a breakout value can increase to $ 0.790. This target sits above 78.6% Fibonacci Retress level.

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