Cryptounicorns

On March 20th, according to Coinmarketcap data, the market value of the public chain project Conflux has exceeded $1.2 billion, hitting a record high. As of now, it has reached $1203674343, ranking among the “cryptounicorns”. Historical data shows that the market value of Conflux was only about $50 million at the beginning of 2023. After that, a series of cooperation has been reached with Xiaohongshu, McDonald’s, and China Telecom. Currently, its market value has increased by about 2300% compared to the beginning of the year. At the time of writing, the Conflux native token CFX hit $0.4532, up 9.35% in the past 24 hours. （U.today） Conflux’s market value exceeded $1.2 billion, reaching a record high, with an increase of about 2300% compared to the beginning of the year Analysis based on this information:The cryptocurrency market has been volatile for years, and the value of tokens and projects can fluctuate drastically in a matter of days or even hours. However, the…