Conflux Network CTO Ming Wu’s remarks on the local token’s burning mechanism triggered a spike in the CFX price.
Ming Wu on social media on Conflux’s burning mechanism in the statements found. Users currently operating on the combustion mechanism Stating that they do not have enough information, Wu said in a statement. durationto the genie details gave place. So far owned by CFX 500 million tokensStating that . 10% of stressed that.
Stating that the amount of burning was not enough, Wu said that he went to search for alternative scenarios for more CFX burning.
In the alternative combustion example presented by Wu, “storage guarantees” referred to a form of transaction that he defined as Increasingly, these guarantees NFT Stating that it is used in the ecosystem, CTO Some of these assets are suitable for incineration. claimed it was.
Directing a question to his followers about alternative burning mechanisms, Wu took the pulse of the community:
If this is offered, would you like to vote or not?
Price Rises Up
After these statements $0.0586 dollars from the levels from 25% experiencing an increase $0.0746 CFX, which has increased performance up to levels, followed by some decrease lived.
CFX, which has a total supply of more than 5.2 billion, has been in the last 24-hour period according to CoinGecko data. 17.9% provided an increase in value. CFX at the time of writing from $0.0657 is being traded.