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Flux priceFLUX
Listed
BuyQuote currency:
USD
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Price of Flux today
The live price of Flux is $0.5569 per (FLUX / USD) today with a current market cap of $209.86M USD. The 24-hour trading volume is $13.79M USD. FLUX to USD price is updated in real time. Flux is -2.79% in the last 24 hours. It has a circulating supply of 376,825,400 .
What is the highest price of FLUX?
FLUX has an all-time high (ATH) of $4.17, recorded on 2021-12-10.
What is the lowest price of FLUX?
FLUX has an all-time low (ATL) of $0.01698, recorded on 2020-11-16.
Flux price prediction
When is a good time to buy FLUX? Should I buy or sell FLUX now?
When deciding whether to buy or sell FLUX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget FLUX technical analysis can provide you with a reference for trading.
According to the FLUX 4h technical analysis, the trading signal is Strong sell.
According to the FLUX 1d technical analysis, the trading signal is Strong sell.
According to the FLUX 1w technical analysis, the trading signal is Strong sell.
What will the price of FLUX be in 2025?
Based on FLUX's historical price performance prediction model, the price of FLUX is projected to reach $0.8868 in 2025.
What will the price of FLUX be in 2030?
In 2030, the FLUX price is expected to change by -4.00%. By the end of 2030, the FLUX price is projected to reach $0.9023, with a cumulative ROI of +51.89%.
Flux price history (USD)
The price of Flux is -6.90% over the last year. The highest price of FLUX in USD in the last year was $1.75 and the lowest price of FLUX in USD in the last year was $0.3943.
TimePrice change (%)
Lowest priceHighest price
Lowest priceHighest price 24h-2.79%$0.5450$0.5902
7d-22.34%$0.5237$0.7539
30d-7.57%$0.5237$0.9221
90d-12.21%$0.4626$0.9221
1y-6.90%$0.3943$1.75
All-time+2003.57%$0.01698(2020-11-16, 4 years ago )$4.17(2021-12-10, 3 years ago )
Flux market information
Market cap
$209,857,261.72
-2.79%
Fully diluted market cap
$245,039,726.16
-2.79%
Volume (24h)
$13,794,840.64
-13.08%
Market rankings
Circulation rate
99.00%
24h volume / market cap
6.57%
Circulating supply
376,825,400 FLUX
Total supply / Max supply
376,825,409.5 FLUX
440,000,000 FLUX
ICO price
$1.69 ICO details
Flux ratings
Average ratings from the community
4.6
This content is for informational purposes only.
About Flux (FLUX)
What Is Flux?
Flux is a combination of Blockchain-as-a-Service (BaaS) and decentralized computing solutions, resembling services like AWS. It was founded in 2018 by a team of experienced blockchain developers with the vision to provide a decentralized infrastructure to build Web 3.0 applications, focusing on creating a user-friendly decentralized exchange (DEX) solution. Flux is a fork of ZCash, aiming to improve upon its technology to provide a more efficient and user-friendly network. It has its own Linux-based cloud operating system, FluxOS, and operates on a Proof of Work consensus mechanism, similar to Bitcoin, ensuring secure and decentralized transaction processing.
Flux is renowned for its commitment to enhancing the user experience of decentralized exchanges and has evolved to offer a range of products and services within its ecosystem, including Flux Web3, a comprehensive suite of tools and services for building and accessing decentralized applications (DApps) on the Flux blockchain. Flux’s innovative architecture and its focus on web3 development make it a pivotal player in bridging the gap between web2 and web3 solutions, fostering the technologies of the future.
Resources
Whitepaper: https://whitepaper.app.runonflux.io/
Official Website: https://runonflux.io/
How Does Flux Work?
Flux operates by leveraging its unique blockchain and protocol to create an efficient and user-friendly decentralized exchange (DEX) solution. It employs a unique mining algorithm, FluxNode, designed to incentivize network participation and provide additional security to the network. The Flux blockchain is at the core of the ecosystem, with links to seven other blockchain networks, including Ethereum, BNB Chain, Solana, and Avalanche, ensuring multi-chain compatibility and higher degrees of cross-chain interoperability through FluxOS.
FluxNodes act as gateways between the Flux network and external data sources, allowing developers to build DApps that can interact with real-world data, making them more useful and practical. The network also uses a masternode system, where masternode operators can vote on network proposals and decisions, contributing to the decentralized governance of the network, known as XDAO. This system allows stakeholders to participate in the decision-making process of the network, ensuring that decisions are made in a transparent and decentralized manner.
What Is FLUX Token?
The FLUX token is the native token of the Flux network and plays a crucial role in the ecosystem. It is a utility token used to pay for transaction fees on the network and to access various services and products within the Flux ecosystem, such as FluxNode and the Flux Secure Wallet. FLUX incentivizes network participants, including miners and node operators, to maintain and secure the network. One unique feature of the FLUX token is its deflationary supply mechanism, where a portion of transaction fees paid in FLUX is burned, decreasing the total supply of the token over time and potentially increasing the value of the remaining tokens. FLUX holders also have the ability to vote on proposals and decisions related to the network’s development, contributing to the decentralized and democratic governance of the network.
Flux's Impact on Finance
Flux’s impact on finance is significant, particularly in the realm of decentralized finance (DeFi). It serves as the foundation for the development of new DApps and operations of existing ones, including renowned DeFi apps like Yearn Finance and Aave protocol. Flux’s commitment to providing decentralized, secure, and user-friendly solutions positions it as a transformative force in the financial sector, offering users more control, privacy, and security in their financial transactions and interactions. Its focus on environmental sustainability and energy-efficient algorithms also makes it a more sustainable alternative in the blockchain space, aligning with the growing emphasis on green finance.
Flux’s innovative solutions, commitment to user experience, and focus on web3 and environmental sustainability, set it apart from many other cryptocurrencies and position it as a project with substantial potential in reshaping the financial landscape and driving the future of web3 development.
What Determines Flux's Price?
The price of Flux, like other cryptocurrencies, is determined by a myriad of factors, reflecting the dynamics of the cryptocurrency market. Cryptocurrency price predictions for Flux are influenced by market demand, investor sentiment, and developments within the Flux ecosystem. When cryptocurrency news outlets report positive developments, enhancements, or partnerships related to Flux, it can lead to increased demand and subsequently, a rise in price. Conversely, any negative news or perceived risks can lead to a decline in Flux price. Cryptocurrency analysis and cryptocurrency charts are essential tools for both cryptocurrency enthusiasts and experts to assess and predict Flux price movements, helping them to devise effective cryptocurrency trading strategies.
Market volatility is inherent in the cryptocurrency market, and Flux is no exception. The price of Flux is susceptible to sudden fluctuations, influenced by broader cryptocurrency trends and market sentiments. Cryptocurrency experts and influencers play a significant role in shaping these sentiments, and their opinions and analyses are often considered valuable insights for potential investors. For those looking to buy Flux, it can be acquired on leading exchanges such as Bitget. It is crucial for potential investors to stay abreast of cryptocurrency news, conduct thorough cryptocurrency analysis, and consider cryptocurrency risks before making investment decisions, to determine whether Flux is the best crypto investment for 2023 and beyond.
Investors, especially cryptocurrency beginners, should also consider cryptocurrency security and be wary of potential cryptocurrency scams. Engaging in crypto community discussions, participating in cryptocurrency events, and following cryptocurrency influencers can provide varied perspectives and insights into Flux’s potential as an investment. Additionally, considering cryptocurrency regulation and cryptocurrency tax is crucial when managing a crypto portfolio. As the cryptocurrency adoption continues to grow, staying informed and understanding the market dynamics will be pivotal for anyone involved in the cryptocurrency market, whether they are seasoned traders or new investors.
FLUX to local currency
1 FLUX to MXN$11.181 FLUX to GTQQ4.271 FLUX to CLP$550.81 FLUX to HNLL14.081 FLUX to UGXSh2,034.731 FLUX to ZARR10.181 FLUX to TNDد.ت1.771 FLUX to IQDع.د726.621 FLUX to TWDNT$18.171 FLUX to RSDдин.62.451 FLUX to DOP$33.781 FLUX to MYRRM2.511 FLUX to GEL₾1.561 FLUX to UYU$24.781 FLUX to MADد.م.5.581 FLUX to OMRر.ع.0.211 FLUX to AZN₼0.951 FLUX to KESSh71.611 FLUX to SEKkr6.141 FLUX to UAH₴23.26
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Last updated 2024-12-22 23:21:37（UTC+0）
How to buy Flux(FLUX)
Create Your Free Bitget Account
Sign up on Bitget with your email address/mobile phone number and create a strong password to secure your account.
Verify Your Account
Verify your identity by entering your personal information and uploading a valid photo ID.
Buy Flux (FLUX)
Use a variety of payment options to buy Flux on Bitget. We'll show you how.
Learn MoreTrade FLUX perpetual futures
After having successfully signed up on Bitget and purchased USDT or FLUX tokens, you can start trading derivatives, including FLUX futures and margin trading to increase your income.
The current price of FLUX is $0.5569, with a 24h price change of -2.79%. Traders can profit by either going long or short onFLUX futures.
Join FLUX copy trading by following elite traders.
After signing up on Bitget and successfully buying USDT or FLUX tokens, you can also start copy trading by following elite traders.
Flux news
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Top 5 Low Market Cap Crypto Gems with Exceptional Potential
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AI Regulation, Global Governance and Challenges
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5 Small-Cap Cryptos Revolutionizing Blockchain: Immutable, Arweave, MultiversX, Flux, and Moonbeam
Cryptonewsland•2024-09-17 00:42
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FAQ
Is Flux (FLUX) a good investment?
Flux stands out as a promising investment for several reasons. Firstly, it distinguishes itself through its true decentralization, offering a web3 infrastructure with no central point of failure and continuous uptime. Additionally, Flux's pioneering work on Proof of Useful Work (PoUW) holds great potential for both the crypto and traditional industries. It has the capacity to reshape our perception of Proof of Work blockchains while addressing sustainability concerns often associated with blockchain technology. Flux's vision is to harness the substantial computing power of GPU miners for meaningful tasks, such as video encoding, weather prediction, and supporting research through machine-learning models, rather than the arbitrary problem-solving found in traditional PoW chains. This innovative approach promises significant positive impacts across various domains.
What is FLUX price prediction?
Flux presents a compelling investment opportunity for several compelling reasons. First and foremost, it sets itself apart through its unwavering commitment to true decentralization, offering a web3 infrastructure that boasts unparalleled resilience and continuous uptime. Furthermore, Flux's pioneering work in the realm of Proof of Useful Work (PoUW) carries immense potential for both the cryptocurrency and traditional industries. It has the capacity to redefine our understanding of Proof of Work blockchains while effectively addressing the sustainability concerns that often cast a shadow on blockchain technology. Flux's forward-looking vision revolves around harnessing the substantial computational power of GPU miners for meaningful and practical tasks. This includes applications like video encoding, weather prediction, and the facilitation of research through machine-learning models, all of which stand in stark contrast to the arbitrary problem-solving activities typically associated with traditional Proof of Work chains. This innovative approach holds the promise of delivering substantial positive impacts across a wide spectrum of domains.
What factors influence FLUX price?
Factors that influence FLUX price: Decentralization and Uptime: FLUX's true decentralization and uninterrupted uptime make it an attractive investment. Investors are more likely to value a project that eliminates the risk of a single point of failure and ensures continuous operation, which can positively influence FLUX's price. Proof of Useful Work (PoUW): FLUX's innovative approach to PoUW can have a profound impact on its price. By utilizing GPU miners for practical tasks, it not only enhances network security but also addresses sustainability concerns associated with traditional Proof of Work blockchains. This novel concept could drive increased interest and investment in FLUX. Use Cases and Adoption: The real-world use cases of FLUX, such as video encoding, weather prediction, and supporting research through machine-learning models, can significantly influence its price. As these applications gain traction and adoption, the demand for FLUX tokens may rise, potentially driving up their value. Market Sentiment: Like any cryptocurrency, FLUX's price can be influenced by overall market sentiment. Positive sentiment in the broader crypto market can lead to increased buying activity, while negative sentiment can have the opposite effect.
How to stake FLUX?
Flux presents an innovative staking mechanism that enables users to engage in safeguarding the network's integrity and prosperity. With the introduction of Titan Nodes, users can securely lock their FLUX tokens in staking periods of 3, 6, or 12 months, joining a collaborative effort to operate Titan Nodes available on the FluxOS marketplace. Once the staking duration concludes, both the collateral and the staking rewards are unlocked for users.
What is the use case of FLUX token?
FLUX serves as the native token within the Flux ecosystem and encompasses various pivotal use cases: Proof-of-Work (PoW) Mining: FLUX tokens can be mined by users who actively participate in the PoW consensus mechanism, playing a vital role in upholding the security of the Flux network. Node Collateral: To ensure the network's integrity and deter malicious actors, users operating Flux nodes are required to lock FLUX tokens as collateral. Payment for Flux Services: FLUX tokens hold utility in paying for a range of Flux network services, including hosting applications on the Flux network and covering cross-chain bridge fees. Decentralized Governance of Flux Network: Flux node operators holding locked FLUX tokens gain the opportunity to engage in the governance of the Flux network. Their voting influence is proportionate to the quantity of locked FLUX tokens residing within their nodes. Trading and HODLing on Bitget: For those interested in trading, FLUX can be traded on the Bitget Spot Market against various other cryptocurrencies. Investors may opt to buy or sell FLUX tokens based on market dynamics and their long-term belief in the Flux project. Thorough research (DYOR) is recommended before executing any crypto trading decisions.
What are FLUX tokenomics?
FLUX is the native cryptocurrency of the Flux ecosystem and has various uses, including purchasing resources, securing nodes, and fueling transactions on FluxOS. The maximum supply of FLUX is capped at 440 million. The total supply can exist on any of the parallel asset chains or the native Flux chain, as it can be moved between chains. This keeps the maximum supply at 440 million, regardless of the circulating supply on the different chains. The token allocation of FLUX is as follows: 94.7% belongs to the users, 2.9% belongs to the Flux Foundation, 1.7% is allocated for exchange listing/liquidity, and 0.7% belongs to the Flux team. The block reward is distributed 50% to POW and 50% to FluxNode operators. A key aspect of Flux's tokenomics is the staking system. Flux has introduced on-chain staking with Titan Nodes, which offers higher performance. Users only need 50 FLUX in the official Zelcore wallet for the minimum Titan collateral to participate.
What is the current price of Flux?
The live price of Flux is $0.56 per (FLUX/USD) with a current market cap of $209,857,261.72 USD. Flux's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Flux's current price in real-time and its historical data is available on Bitget.
What is the 24 hour trading volume of Flux?
Over the last 24 hours, the trading volume of Flux is $13.79M.
What is the all-time high of Flux?
The all-time high of Flux is $4.17. This all-time high is highest price for Flux since it was launched.
Can I buy Flux on Bitget?
Yes, Flux is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Flux guide.
Can I get a steady income from investing in Flux?
Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.
Where can I buy Flux with the lowest fee?
Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.
Where can I buy Flux (FLUX)?
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How to complete identity verification on Bitget and protect yourself from fraud
1. Log in to your Bitget account.
2. If you're new to Bitget, watch our tutorial on how to create an account.
3. Hover over your profile icon, click on “Unverified”, and hit “Verify”.
4. Choose your issuing country or region and ID type, and follow the instructions.
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Cryptocurrency investments, including buying Flux online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy Flux, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your Flux purchase. This page and any information included are not an endorsement of any particular cryptocurrency. Any price and other information on this page is collected from the public internet and can not be consider as an offer from Bitget.
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2d
$FUEL My Outlook on $FUEL for the Next Few Days
The cryptocurrency market is in constant flux, and $FUEL, as a relatively volatile asset, is no exception. Based on my analysis and market indicators, here’s my outlook on $FUEL for the next few days, including potential scenarios, trading strategies, and key price levels to watch.
---
Current Market Conditions
As of now, $FUEL’s price is showing signs of consolidation, trading within a tight range. This phase often precedes a significant price movement, either upward or downward. Key factors influencing the short-term outlook include:
1. Volume Patterns: Trading volume has been slightly lower than average, suggesting that a breakout might be on the horizon as traders await a catalyst.
2. Market Sentiment: General sentiment in the broader cryptocurrency market is cautiously optimistic, with Bitcoin and Ethereum showing mild upward momentum. This can provide some tailwinds for $FUEL.
3. Technical Indicators:
RSI: Currently near the neutral zone (40-60), indicating neither overbought nor oversold conditions.
Moving Averages: The 50-day MA is approaching a potential crossover with the 200-day MA, a critical signal to monitor.
---
Potential Scenarios for $FUEL
Bullish Scenario: Breakout to the Upside
Catalysts: Positive news about Etherparty developments, broader market uptrend, or increased trading volume.
Price Target: If $FUEL breaks above the resistance at $0.12, the next target could be around $0.15, based on Fibonacci retracement levels and past price behavior.
Strategy:
Enter a long position once the price breaks above $0.12 with strong volume confirmation.
Set a stop-loss slightly below $0.11 to manage downside risk.
Bearish Scenario: Breakdown Below Support
Catalysts: A market-wide sell-off, negative news, or rejection at key resistance levels.
Price Target: If $FUEL drops below the support at $0.10, the next target could be around $0.08, the previous strong support zone.
Strategy:
Consider shorting (if supported on your platform) or waiting for a re-entry near $0.08.
Set a stop-loss just above $0.11 to avoid losses in case of a false breakdown.
Sideways Scenario: Consolidation Continues
Catalysts: Lack of significant news or market direction.
Strategy: Avoid trading during this phase and wait for a decisive move. Tight ranges can lead to false signals, which are costly for active traders.
---
Key Levels to Watch
1. Resistance: $0.12
2. Support: $0.10
3. Breakout Zone: Above $0.13 with strong volume.
4. Breakdown Zone: Below $0.095 with increasing selling pressure.
---
Factors Influencing My Outlook
1. Market News: Any updates related to Etherparty or major developments in the Ethereum ecosystem can impact $FUEL’s short-term trajectory.
2. Broader Crypto Market Trends: Bitcoin and Ethereum price movements often set the tone for altcoins like $FUEL.
3. Trading Volume: A spike in volume could signal the start of a significant move.
---
Final Thoughts
In the next few days, I’m cautiously optimistic about $FUEL, leaning towards a potential bullish breakout, provided the overall market remains stable. However, I remain prepared for all scenarios by employing stop-loss orders and monitoring key levels closely.
As always, patience and discipline are crucial. While $FUEL has potential for significant gains, it’s essential to stay grounded, avoid emotional trading, and make decisions based on data and analysis.
FUEL-17.72%
MOVE-14.18%
Daxxx2
2d
Unpacking the SUI Token: Navigating the Changing Landscape
The world of cryptocurrency is in a constant state of flux, with digital assets like the SUI token reshaping the landscape for investors and traders alike. This article delves into an analysis of the SUI token, exploring the dynamic evolution of its terrain within the cryptocurrency market and the opportunities it presents to stakeholders.
The Transformative Potential of SUI:
As the cryptocurrency market continues to mature, tokens like SUI are at the forefront of innovations that promise to revolutionize traditional financial systems. The SUI token offers unique features and functionalities that have the potential to transform how transactions are conducted, disrupting existing paradigms in the process. Its utility and versatility in various applications make the SUI token a significant player in the ongoing evolution of digital assets.
Navigating the Evolving Terrain:
While the transformative potential of the SUI token is substantial, the evolving terrain of the cryptocurrency market presents challenges for investors and traders. Market volatility, regulatory changes, and technological advancements are just some of the factors that shape the landscape in which the SUI token operates. Navigating these changes requires a strategic approach, with investors needing to stay informed, adapt quickly, and manage risks effectively to capitalize on the opportunities presented by the SUI token.
Opportunities for Stakeholders:
Stakeholders in the SUI token ecosystem, including investors, developers, and users, have a unique opportunity to participate in the growth and development of this transformative digital asset. By leveraging the features and functions of the SUI token, stakeholders can contribute to its ecosystem's expansion, driving adoption and adding value to the token over time. For investors, the SUI token represents a chance to diversify their portfolios and potentially benefit from the growth of a cutting-edge digital asset.
Conclusion:
As the cryptocurrency market continues to evolve, the SUI token stands as a symbol of innovation and transformation within the industry. Understanding the dynamics of this evolving terrain is crucial for stakeholders looking to capitalize on the opportunities presented by the SUI token. By navigating this landscape strategically and staying attuned to market trends, investors and traders can position themselves to thrive in the ever-changing world of digital assets.
FLUX-3.55%
SUI-1.19%
LUCI_11
2024/12/14 02:59
$BTC STILL FLUCTUATING AROUND THE $100K MARK: WILL THERE BE A SURGE BEFORE OR A DECLINE BEFORE 2024 RUNS OUT?
Bitcoin has spent much of DECEMBER 2024 fluctuating around the $100,000 mark, a significant milestone that has captured the attention of investors, traders, and analysts alike. With the price showing a degree of volatility, questions are rising as to whether Bitcoin will see a surge before the year ends or experience a decline. As 2024 nears its conclusion, several key factors will play a role in shaping Bitcoin’s price trajectory, leaving many wondering what lies ahead for the cryptocurrency.
The Current Market Landscape: What’s Driving $BTC?
Bitcoin's journey around the $100K threshold has been nothing short of fascinating. Having broken through this price point earlier in the year, $BTC has consistently bounced above and below this figure, creating an environment of uncertainty and opportunity for market participants. The volatility that typically characterizes Bitcoin’s price action has been especially noticeable in 2024, with the cryptocurrency reacting to a variety of macroeconomic, geopolitical, and regulatory developments.
Factors Supporting a Potential Surge
Institutional Interest and Adoption: The continued institutional interest in Bitcoin remains one of the primary bullish drivers. With large financial institutions, hedge funds, and even publicly traded companies increasingly adding Bitcoin to their portfolios, the demand for $BTC remains strong. If institutional adoption continues to grow, it could provide the momentum needed for Bitcoin to push past the $100K level and potentially see a surge in the final months of 2024.
Halving Effect Anticipation: Bitcoin’s next halving event, expected in April 2024, is a critical event that often sparks bullish sentiment. The halving will reduce the block reward for miners, cutting the supply of new Bitcoin entering circulation. Historically, halving events have been followed by significant price increases as the reduced supply often creates upward pressure on the price. Traders and investors are likely positioning themselves ahead of this event, contributing to the price fluctuations as they anticipate future gains.
Macroeconomic Conditions: As global economies face inflationary pressures and ongoing concerns about monetary policies, Bitcoin is often viewed as a hedge against traditional financial systems. With central banks maintaining or increasing interest rates in certain regions and investors seeking safe havens, Bitcoin’s store-of-value narrative might gain further traction, potentially leading to an uptick in price before 2024 ends.
Technological Developments and Network Upgrades: Bitcoin continues to evolve, with ongoing improvements to its network and infrastructure. The development of second-layer solutions like the Lightning Network, which promises to make transactions faster and cheaper, can boost Bitcoin’s adoption and appeal. Additionally, as Bitcoin’s ecosystem becomes more integrated into traditional financial systems, demand for the cryptocurrency could increase.
Factors That Could Trigger a Decline
Regulatory Uncertainty: Despite Bitcoin's growing mainstream acceptance, regulatory uncertainty remains a key risk. Governments around the world are still figuring out how to regulate cryptocurrencies, and any negative news regarding potential crackdowns on Bitcoin could lead to a sharp decline in price. The U.S. Securities and Exchange Commission (SEC), for instance, has made headlines with its ongoing scrutiny of cryptocurrency markets, and any unfavorable regulations could send bearish signals to the market.
Market Sentiment and Speculative Behavior: Bitcoin’s price is still significantly influenced by market sentiment and speculative trading. If broader financial markets experience downturns, or if there’s a negative shift in investor sentiment toward riskier assets like cryptocurrencies, Bitcoin could face a sell-off. In particular, if retail investors decide to exit the market, fearing that the asset is overvalued, this could push the price below the $100K level.
Global Economic Instability: While Bitcoin is often touted as a hedge against inflation, it has also demonstrated vulnerability during times of global economic instability. If we see a major global financial crisis or significant economic downturn, Bitcoin might not escape the broader market sell-offs. In fact, its price could suffer as investors move away from all risk assets to safer havens like gold or government bonds.
Technological Challenges: While Bitcoin remains the dominant cryptocurrency, it is not immune to technological risks. Issues such as network congestion, scalability concerns, or vulnerabilities to cyberattacks could undermine confidence in the cryptocurrency and lead to a price decline.
Will There Be a Surge or Decline Before 2024 Ends?
Predicting the future price movement of Bitcoin is notoriously difficult due to the myriad of factors that influence its value. However, the balance between bullish and bearish forces in the market is currently in flux. On one hand, the halving event and ongoing institutional interest could provide the fuel for a potential surge, especially if Bitcoin’s store-of-value narrative gains traction in the latter months of 2024. On the other hand, regulatory headwinds, broader market sentiment, and global economic instability could prompt a decline, especially if negative news or events trigger a shift in investor behavior.
As Bitcoin fluctuates around the $100,000 mark, the question of whether it will surge or decline before the end of 2024 remains a topic of intense speculation. While there are compelling arguments for both outcomes, the key drivers of institutional adoption, the halving event, and global economic conditions will likely play crucial roles in determining Bitcoin’s price direction. For investors, staying informed and maintaining a long-term perspective may be the best strategy in navigating the uncertainty that surrounds this volatile yet captivating asset.
Ultimately, Bitcoin's ability to weather both bullish and bearish forces will shape its journey into 2025 and beyond.
BTC-1.96%
MOVE-14.18%
PITBUL-78
2024/12/05 14:34
$MAJOR Coin has seen some interesting price movement today, with its value sitting at $1.17. The cryptocurrency market is always in flux, and MAJOR's recent performance highlights the volatility that characterizes the space. In the past 24 hours, MAJOR has gained 5.98%, suggesting a positive shift for the asset in the short term. This surge is an encouraging sign for investors who are actively trading or watching for price fluctuations.
Despite the recent gains, the coin has been underperforming over the last week, with a -4.68% price decline. This discrepancy between short-term growth and longer-term decline could indicate that $MAJOR is facing some challenges. Whether it's macroeconomic factors, market sentiment, or internal project developments, it is clear that MAJOR's price is subject to quick changes, making it an asset to watch closely.
The trading volume of $182,598,830 in the last 24 hours indicates that there is significant investor interest, but the overall market conditions could influence future movements. It’s essential for potential buyers or holders of MAJOR to stay updated with market trends, as cryptocurrencies are notoriously unpredictable. Understanding the reasons behind the price fluctuations—whether driven by fundamental factors or market psychology—will help investors make more informed decisions.
SPACE+8.87%
MAJOR-3.07%
holiest
2024/12/04 10:37
CHILLGUY: The Meme Coin Taking the Crypto World by Storm.
CHILLGUY is a meme coin that operates on the Solana blockchain, epitomizing a laid-back and carefree persona. At the helm of this coin is a character clad in a grey sweater, blue jeans, and red shoes, exuding a smirk as he relaxes, hands in pockets. Over the past 10 days, CHILLGUY has skyrocketed more than 100%, drawing significant attention in the cryptocurrency realm. CHILLGUY's surge can be attributed to its swift price escalation and the cultural resonance of its meme character. With a circulating supply of 999.97 million tokens and a market cap of $439.08 million, it has become a prime focus for investors seeking quick profits. The sentiment surrounding the market is pivotal in setting the price of meme coins like CHILLGUY. When investors are optimistic, prices tend to rise. Community interaction on social media platforms like Reddit, Twitter, and Discord can spark interest, enticing further investments and driving rapid price jumps. Viral trends and social media buzz are crucial in defining meme coins' worth. A coin's valuation can soar following a viral trend on platforms like TikTok or Twitter. A influential tweet can send a meme coin's price surging, as Dogecoin showed after certain posts by Elon Musk. Optimistic price action may see CHILLGUY's value approach an annual high of $0.73 in 2024. A pessimistic view could have it retesting its previous low of $0.25. The average trading price for the year could be $0.49.
If the bullish sentiment persists, CHILLGUY's price could exceed the $1 mark in 2025, potentially reaching $1.12. By 2030, the price could surge to $4.35, averaging at $3.15. Here’s a detailed forecast:
2025: Low of $0.33, average of $0.72, high of $1.12
2026: Low of $0.42, average of $0.95, high of $1.48
2027: Low of $0.65, average of $1.33, high of $2.01
2028: Low of $0.93, average of $1.81, high of $2.69
2029: Low of $1.38, average of $2.37, high of $3.37
2030: Low of $1.97, average of $3.15, high of $4.35.
Meme coins are notorious for their extreme volatility, often fueled by social media frenzy rather than concrete financial fundamentals. CHILLGUY, for instance, skyrocketed by 2000% to achieve a market cap of $455 million, only to face considerable corrections shortly thereafter. This volatility may appeal to speculative investors hunting for quick returns but can also expose them to abrupt and significant losses.
The popularity of meme coins can significantly boost trading volumes even when the broader crypto market is in decline. For instance, Solana's meme coin sector, led by CHILLGUY, posted a trading volume of $19.8 billion despite Bitcoin's dip.
In Asia, the regulatory framework for meme coins is in flux and often unclear. Countries like India and Indonesia face challenges with fraud and market manipulation concerning meme coins. The volatility of meme coins makes them breeding grounds for pump-and-dump schemes and rug pulls.$CHILLGUY
While meme coins can create substantial community engagement and market activity, they are highly volatile and face regulatory uncertainties, making them unreliable as long-term financial solutions. RWA projects may provide more sustainable options, delivering real-world value and greater long-term growth potential than meme coins.
Meme coins like CHILLGUY inject considerable volatility, attract new investors, influence blockchain adoption, mirror cultural trends, and pose regulatory concerns, all of which shape the broader cryptocurrency market's dynamics. While they promise exciting opportunities for swift profits, their long-term viability remains uncertain. Investors should weigh these factors carefully when considering meme coins as part of their investment portfolio.
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Flux Social Data
In the last 24 hours, the social media sentiment score for Flux was 3, and the social media sentiment towards Flux price trend was Bullish. The overall Flux social media score was 0, which ranks 57 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Flux being mentioned with a frequency ratio of 0.01%, ranking 204 among all cryptocurrencies.
In the last 24 hours, there were a total of 391 unique users discussing Flux, with a total of Flux mentions of 101. However, compared to the previous 24-hour period, the number of unique users increase by 11%, and the total number of mentions has increase by 6%.
On Twitter, there were a total of 1 tweets mentioning Flux in the last 24 hours. Among them, 0% are bullish on Flux, 0% are bearish on Flux, and 100% are neutral on Flux.
On Reddit, there were 2 posts mentioning Flux in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% .
All social overview
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