FLUX Price Analysis January 2022

FLUX is a coin of the Flux protocol. Its current price is around $3.14 by the time of writing, with a low of $0.01751 in 2021, and has a market cap of 700 million dollars.

What is Flux?

Flux is a crypto protocol that has been designed from the ground up to solve some of the biggest problems in today’s blockchain and cryptocurrency market, which is built on the NEAR blockchain. Ben Eluan founded it in 2016. It aims to provide a new way to store, manage and access data.

Flux is an immutable database where all changes are recorded on the blockchain ledger; this ensures that there is always a backup of any changes made through the platform. The Flux project is a decentralized web 3.0 browser with app developers and a blockchain-enabled browser protocol.

Flux Price Analysis January 2022
FLUX Price Analysis January 2022

What is FLUX Crypto?

FLUX token is the coin of the Flux platform, which is around $3.14 by the time of writing, with a low of $0.01751 in 2021. Its current ranking is #121 according to CoinMarketCap, with a market cap of 700 million dollars.

It reached a high of $4.17 in 2021 with a low of $0.01751. This cryptocurrency is backed by a global network of machines that provide distributed processing power for Flux-based applications. Flux tokens are used to pay for computing power, storage, and bandwidth on the Flux platform.

FLUX Coin Market Analysis 

It has a max supply of 440,000,000 coins worth around $3.14 with a market volume of 240 million dollars, whereas the market capitalization is 700 million dollars at writing.

FLUX Price Prediction

After a pump, FLUX started trading between these two zones. However, now it has broken out strongly to the upside, and this resulted in an increase of around 20%. Therefore, it is expected that FLUX will show a bullish movement with a strong uptrend.

For any time, on-demand analysis on $FLUX or any other coin can join our Telegram channel.

Flux Price Prediction
FLUX Price Prediction

Here are some of the best exchanges to buy FLUX.

Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.

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Pratyaksh