Flux Information

Flux is a blockchain-based platform designed to foster a decentralized internet, providing a scalable and interoperable ecosystem for developers and users alike. It aims to revolutionize the way applications are hosted and consumed by creating a robust infrastructure that is powered by community nodes. Flux's innovative approach emphasizes user autonomy and enhanced security, making it a promising player in the evolution of blockchain technology.

Flux

$0.52

Title : Flux
Symbol : flux
Current Price $ : 0.523338 $
High 24h : 0.528111 $
Low 24h : 0.479622 $
Price Change 24h : 0.0166682 $
Price Change % 24h : 3.28976 %
Market Cap : 198202339
Whitepaper : https://fluxwhitepaper.app.runonflux.io/
Website : https://runonflux.io
Total Volume : 19624647
Market Cap Change 24h : 6305021
Market Cap Change % 24h : 3.28562 %
Circulating Supply : 378426134.49915
Total Supply : 378432134.49915
Max Supply : 440000000
Last Updated : 2025-01-21 23:51
All Time High (ATH) : 3.33
ATH Change % : -84.35953 %
ATH Date : 2022-01-03 10:18
All Time Low (ATL) : 0.01640374
ATL Change % : 3071.10625 %
ATL Date : 2021-01-13 05:29

more information

Understanding Flux: A Decentralized Computational Network

Flux is a unique cryptocurrency project aiming to create a decentralized computational network and ecosystem. It is not just a digital currency but an entire framework designed to power an array of dApps (decentralized applications), making it an integral part of the blockchain ecosystem.

Historical Development and Price Evolution

Flux made its debut with humble beginnings, reaching an all-time low (ATL) of $0.01640374 on January 13, 2021. Since then, it has seen astronomical growth of approximately 2989.96%, hitting an all-time high (ATH) of $3.33 on January 3, 2022. However, the volatility intrinsic to the crypto market has seen its price decline significantly from this peak.

In recent trading performance, Flux's price stands at approximately $0.508312, reflecting a significant 84.75% decrease from its ATH. The last 24-hour period showed a mild recovery with its price ranging between $0.480948 and $0.533438, marking a price change of roughly 5.61% within the 24-hour span.

Advantages of Flux

Flux is not merely a cryptocurrency but a sophisticated ecosystem with several key benefits. Firstly, it offers a decentralized cloud infrastructure – Flux uses a network of nodes to provide robust and scalable cloud services. This addresses the increasing demand for decentralized computing power without the central points of failure of traditional cloud services.

Additionally, Flux provides rewards for miners and node operators, creating a twofold incentive mechanism that enhances network security and performance. By staking FLUX tokens, participants can contribute to the network's governance, making it a community-driven project.

Challenges and Limitations

Despite its promising infrastructure, Flux faces some challenges. The competition is fierce with giants like AWS and Google Cloud dominating the cloud service sector. Another significant hurdle is the fluctuation in its price, which may dissuade potential stakeholders in search of stability.

The complexity of managing a decentralized ecosystem is also worth noting. The need for constant updates and competitive scalability requires continual innovation and substantial resources.

Future Prospects of Flux

Looking ahead, Flux's future seems promising if the team can continue to improve its technology and expand its use cases. The need for decentralized IT solutions is growing, and projects like Flux are well-positioned to capitalize on this demand.

The cryptocurrency's roadmap includes further enhancing its platform through more partnerships and integrations. Efforts are also directed towards expanding its dApp ecosystem, which could drive more usage of the Flux token, potentially stabilizing or increasing its market value.

In conclusion, while there are inherent risks associated with investing in cryptocurrencies, Flux’s ambitious project provides a unique value proposition within the blockchain realm. Investors and technology enthusiasts alike should consider keeping an eye on Flux's advancements as it works towards a more connected and decentralized future.

General Information
from price $1
Title Flux
Symbol flux
Whitepaper https://fluxwhitepaper.app.runonflux.io/
Website https://runonflux.io
Community -
Last Updated 2025-01-21 23:51

Price Data
Current Price $ 0.523338 $
High 24h 0.528111 $
Low 24h 0.479622 $
Price Change 24h 0.0166682 $
Price Change % 24h 3.28976 %

Market Data
Market Cap 198202339
Total Volume 19624647
Market Cap Change 24h 6305021
Market Cap Change % 24h 3.28562 %
Return on Investment (ROI) -

Supply and Availability
Circulating Supply 378426134.49915
Total Supply 378432134.49915
Max Supply 440000000

Historical Data
All Time High (ATH) 3.33
ATH Change % -84.35953 %
ATH Date 2022-01-03 10:18
All Time Low (ATL) 0.01640374
ATL Change % 3071.10625 %
ATL Date 2021-01-13 05:29