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12/5/2022, 2:51:01 PM

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Coinflect is on the decline this week.

The price of Coinflect has fallen by 10.25% in the past 7 days. The price declined by 1.85% in the last 24 hours. In just the past hour, the price shrunk by 0.79%. The current price is $0.000036 per CFLT. Coinflect is 100.00% below the all time high of $351.27.

The current circulating supply is 0 CFLT.


What Is Coinflect (CFLT)?

CoinflectCFLT) is a decentralized staking protocol built on the Binance Smart Chain. Binance Smart Chain (BSC) is a blockchain network built for running smart contract-based applications. The platform seeks to offer a space where both developers and traders can associate. The organization relies on Binance as it has gained immense growth among users in the crypto world. Coinflect aims to bring change in the way users interact with the blockchain. Currently, DeFiis the most versatile innovation in the blockchainspace. Also, the DeFi users want to move assets from one chain to another with a DApp that can switch chains. As a solution, Coinflect is a platform built to implement the DAppin more than one blockchain. Thus, the users can move tokens across different chains and diversify token holdings through stakingpools.

The purpose of Coinflect is to create a safe place and let the traders rely on various blockchains and expand portfolios. Also, the platform seeks to enable the user to make smart investments and earn passive income. Here the developers can create their staking pair, giving more chances to the holders to claim extra rewards. The platform generates more reach and adds more utility for the new projects. To be the trusted platform for DeFi staking, Coinflect employs various methods. Marketing maintains the token visibility by onboarding new traders on different chains. The platform serves utility through its DApp, where users can choose from twelve staking pools. Also, partnering with the right company enables cross-chain liquidity to add more dual-staking pairs on the platform.

The native tokenis utilized for staking at any pool of users' choices that can fetch rewards for the users. The platform believes staking is the way to put cryptocurrencyat work and start a passive income. Here the traders have the freedom to remove the already traded tokens from one pool and retrade them to another pool with high yields. The more tokens staked by the users can yield more rewards as compared to others.

Overall, the platform has aimed to develop efficient solutions related to the imperfection in the current staking protocols. Also, with the vision to be the multichain staking platform, traders can yield more returns, learn about new projects, and diversify their portfolios.

History of Coinflect (CFLT)

The official whitepaper of Coinflect was launched on November 3, 2021. The team behind the project was led by Biny, the co-CEO, chief product officer, Brandon, the co-CEO, chief finance officer, and RJ, the co-CEO, chief technology officer.

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What is the current price of Coinflect?

The price of 1 Coinflect currently costs $0.000036.

What is the market cap of Coinflect?

The current market cap of Coinflect is $0.00. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Coinflect?

The all-time high of Coinflect is $351.27. This all-time high is highest price paid for Coinflect since it was launched.

What is the 24 hour trading volume of Coinflect?

Over the last 24 hours, the trading volume of Coinflect is $865.23.

What other assets are similar to Coinflect?

Assets that have a similar market cap to Coinflect include Memeverse, Velhalla, AvocadoCoin, and many others. To see a full list, see our comparable market cap assets.

How many Coinflect are there?

The current circulating supply of Coinflect is 0.