The cryptocurrency market might be in a recession, as evidenced by Bitcoin’s failure to reclaim the $20K levels. The global cryptocurrency market cap is also struggling to maintain the $1 trillion level. However, the pullback is not affecting all tokens because some, like FLUX, registered triple-digit gains during the past month.
FLUX makes a 13% gain in 24 hours
FLUX has made a 13% gain during the past 24 hours to trade at $1.33 at the time of writing, according to CoinGecko. The gains made during this period have added momentum to FLUX’s weekly gains, that now stand at 27%.
The gains made by FLUX during the past 24 hours stem from increased interest in the token by traders, as evidenced by the trading volumes that have reached $92 million during the past 24 hours.
FLUX reached an all-time high of $3.33 in January this year. However, since clinching these record highs, the token has lost 60% of its value. Nevertheless, FLUX is what could be seen as a “rising star” given that its...
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