The original token of Conflux NetworkCFX (CRYPTO: CFX) is up 126%, surpassing the weekly gains of the top 100 cryptocurrencies by market cap, including Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH).
| Cryptocurrency | Gains (+/-) | Price (Monday at 12 noon EST) |
|---|---|---|
| Bitcoin | +23.67% | $27,829 |
| Ethereum | +10.27% | $1781 |
What happened: After opening the week at $0.183 per token, CFX is already trading at $0.43.
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| Cryptocurrency | Gains (+/-) | Price (Monday at 12pm EST) |
|---|---|---|
| Conflux | +126% | $0.42 |
| Mesh network | +78% | $5.60 |
| Immutable | +48% | $1.40 |
| Stacks | +47% | $1.10 |
| MAGIC | +34% | $1.74 |
Conflux Network passed $1 billion for the first time. CFX has thus become something of a unicorn, as start-ups that achieve such valuations are called, and now occupies 48th place in the ranking of the largest cryptocurrencies.
CFX first gained recognition earlier this year when it integrated with China’s popular social media platform, Xiaohongshu. At the same time, the Conflux Network emerged as the only regulatory blockchain in China, partnering with large companies such as McDonald’s. The news was further driven home by China Telecom’s announcement of the launch of SIM cards with Conflux Network’s blockchain support. CFX is also popularly known as China’s ‘MATIC’.
The second on the list is Mask Networks native token MASK (CRYPTO: MASK) which gained 78% in seven days. According to on-chain data analytics tracking firm Lookonchainwhales have driven up the price of the MASK token, helping it achieve its parabolic rally over the past week.
See more: Top Indian Apps Giving Bitcoin, NFT Rewards
ImmutableX (CRYPTO: IMX) surged 48% in the past seven days on the much-anticipated upgrade that will soon change the IMX ecosystem.
One day until the legendary reveal. pic.twitter.com/4rzNzPUQsd
— Immutable – $IMX (@Immutable) March 19, 2023
Stacks (CRYPTO: STX) was fourth on the list, up 47% while Magic token (CRYPTO: MAGIC) gained 34% in the last seven days
Read more: Bitcoin, Ethereum, Dogecoin Mixed After Credit Suisse Deal: Balaji Srinivasan Sees Banking Crisis Boosts Apex Crypto To $1 Million
