$CFX when asking the price that this cryptocurrency will have at the end of August to artificial intelligence, this was the answer it knew:
The price of **CFX (Conflux)** by the end of August 2024 will depend on several factors, such as market sentiment, the adoption of the Conflux network, relevant news, and the overall behavior of cryptocurrencies.
### **Possible scenarios:**
1. **Bullish (Optimistic):**
- If the cryptocurrency market rebounds (for example, Bitcoin surpasses $70K) and there is positive news about Conflux (partnerships, adoption in China, etc.), CFX could reach **$0.30 - $0.45**.
2. **Neutral (Stable):**
- If the market remains sideways, CFX could fluctuate between **$0.20 - $0.30**.
3. **Bearish (Pessimistic):**
- If there is a correction in the market or lack of interest in CFX, it could drop to **$0.15 - $0.20**.
### **Key factors to consider:**
✅ **Adoption in China:** Conflux has a strong focus on the Chinese market, so regulations or alliances could affect its price.
✅ **BTC and ETH:** If Bitcoin and Ethereum rise, $CFX could follow the trend.
✅ **Token burns and upgrades:** Supply reduction events (burns) or technical improvements could boost the price.
### **Conclusion:**
Although it is difficult to predict accurately, a reasonable range for **the end of August 2024** would be **$0.25 - $0.35**, assuming a stable or slightly bullish market.
🔍 **Recommendation:** Keep an eye on Conflux news and the general market before making decisions.
So in conclusion, the price of $CFX would likely rise between 16% and $56 this month, which is a super performance and a good investment option.
