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FLEX

FLEX priceFLEX

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Quote currency:
USD
FLEX
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USD
1 FLEX = 1.24 USD
Last updated 2024-04-21 18:52:30(UTC-0)

FLEX price live data summary

The live price of FLEX is $1.24 per (FLEX / USD) today with a current market cap of $122.27M USD. The 24-hour trading volume is $132,017.91 USD. FLEX to USD price is updated in real time. FLEX is +7.68% in the last 24 hours. It has a circulating supply of 98,664,936 .

What is the highest price of FLEX?

FLEX has an all-time high (ATH) of $8.16, recorded on 2023-08-09.

What is the lowest price of FLEX?

FLEX has an all-time low (ATL) of $0.005217, recorded on 2020-10-23.

FLEX price prediction

Set your prediction

When is a good time to buy FLEX? Should I buy or sell now?

When deciding whether to buy or sell FLEX, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget FLEX technical analysis can provide you with a reference for trading.
According to the FLEX 4h technical analysis, the trading signal is Sell.
According to the FLEX 1d technical analysis, the trading signal is Sell.
According to the FLEX 1w technical analysis, the trading signal is Strong sell.
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FLEX price performance in USD

24h7d30d90d1yAll-time
+7.68%-32.52%-32.07%-62.34%+12.82%+377.67%

FLEX price history in USD

TimeLowHigh
24h$1.23$1.73
7d$0.9362$1.81
30d$0.9362$1.84
90d$0.9362$3.68
1y$0.05237$8.16
All-time$0.005217(2020-10-23, 3 years ago )$8.16(2023-08-09, 257 days ago )

FLEX market information

Market cap
$122,272,552.07
+7.68%
Fully diluted market cap
$123,927,054.21
+7.68%
Volume (24h)
$132,017.91
+2.13%
Market rankings
Circulation rate
+99.00%
24h volume / market cap
0.001
Circulating supply
98,664,936 FLEX
Total supply / Max supply
98,664,938.7 FLEX
100,000,000 FLEX

FLEX ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

FLEX Social Data

In the last 24 hours, the social media sentiment score for FLEX was 3, and the social media sentiment towards FLEX price trend was Bullish. The overall FLEX social media score was 0, which ranks 1412 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,611,687 times, with FLEX being mentioned with a frequency ratio of 0%, ranking 1412 among all cryptocurrencies.

In the last 24 hours, there were a total of 91 unique users discussing FLEX, with a total of FLEX mentions of 0. However, compared to the previous 24-hour period, the number of unique users increase by 65%, and the total number of mentions has decrease by 0%.

On Twitter, there were a total of 0 tweets mentioning FLEX in the last 24 hours. Among them, 0% are bullish on FLEX, 0% are bearish on FLEX, and 100% are neutral on FLEX.

On Reddit, there were 0 posts mentioning FLEX in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 0% . Additionally, there were 0 comments mentioning FLEX. Compared to the previous 24-hour period, the number of mentions decrease by 0%.

Visão geral das redes sociais

Average sentiment(24h)
3
Social score(24h)
0(#1412)
Social contributors(24h)
91
+65%
Social mentions(24h)
0(#1412)
0%
Social dominance(24h)
0%
Twitter
Tweets(24h)
0
0%
Twitter sentiment(24h)
Bullish
0%
Neutral
100%
Bearish
0%
Reddit
Reddit score(24h)
0
Reddit posts(24h)
0
0%
Reddit comments(24h)
0
0%

About FLEX(FLEX)

What Is CoinFLEX?

CoinFLEX is a cryptocurrency exchange and derivatives trading platform founded in 2019. It was created by a team of experienced traders and developers, including Mark Lamb and Sudhu Arumugam, who brought their expertise from traditional financial institutions like the Chicago Mercantile Exchange and JP Morgan. Unlike many other cryptocurrency exchanges that focus on spot trading, CoinFLEX specializes in futures and perpetual contracts, offering a unique proposition in the crypto market.

The platform is known for its physically delivered futures contracts for Bitcoin and other cryptocurrencies, a feature that sets it apart from its competitors. This means that at the expiration of a contract, traders receive the actual cryptocurrency instead of a cash settlement. CoinFLEX also offers high leverage options, up to 100x for Bitcoin futures, appealing to traders looking to amplify their trading strategies. Additionally, the platform uses the FLEX token, an ERC-20 token, to provide various benefits like discounted trading fees and voting rights on platform decisions.

In April 2023, the platform announced its closure on October 31, 2023, and revealed plans to transition to OPNX (Open Exchange) in the upcoming months.

Resources

Official Website: https://coinflex.com/

How Does CoinFLEX Work?

CoinFLEX operates as a centralized cryptocurrency derivatives exchange, offering a range of trading products like perpetual contracts, futures contracts, and spot markets for various cryptocurrencies. Its trading engine is designed for fast and reliable trade execution, complemented by sophisticated trading tools and APIs for algorithmic trading. The platform caters to different types of traders by providing a variety of trading products, each designed to meet specific trading needs and strategies.

One of the notable features of CoinFLEX is its AMM+ system, an innovative automated market-making system that combines the benefits of centralized and decentralized exchanges. This system provides deep liquidity for trading pairs while allowing traders to interact with the order book and place limit orders. Additionally, CoinFLEX has introduced a decentralized clearing and custody system, enhancing the security and integrity of user funds and transactions.

What Is FLEX Token?

FLEX is the native token of the CoinFLEX platform. It plays a crucial role in the ecosystem, facilitating trading and offering various benefits to its holders. Users can use FLEX tokens to pay for trading fees at a discounted rate, access higher leverage levels, and participate in the platform's governance through the FLEXDAO system. The token also allows for staking, enabling holders to earn a share of the platform's revenue.

CoinFLEX has a unique approach to managing the FLEX token supply. The platform burns 10% of its profits and revenue to reduce the token's circulation, enhancing its value over time. Additionally, another 10% of profits and revenue are allocated to the FLEXDAO as staking rewards, providing long-term incentives for users.

What Determines CoinFLEX's Price?

The price of CoinFLEX's native token, FLEX, like any cryptocurrency, is influenced by a complex interplay of factors, deeply rooted in the principles of blockchain">blockchain technology and market dynamics. Primarily, the price is driven by supply and demand dynamics within the cryptocurrency market. Demand for FLEX tokens can surge due to various factors, including the platform's unique features like physically delivered futures contracts, the innovative AMM+ system, and the decentralized clearing and custody system. These features attract both retail and institutional traders, increasing the token's utility and, consequently, its demand.

Another critical factor influencing FLEX's price is the tokenomics of the FLEX token itself. CoinFLEX has adopted a unique approach to managing its token supply, implementing a burn mechanism where 10% of the platform's profits and revenue are used to permanently remove tokens from circulation. This scarcity mechanism can lead to an appreciation in the token's value as the available supply diminishes over time. Additionally, the platform's decision to allocate another 10% of profits and revenue to the FLEXDAO as staking rewards creates an incentive for holding the token, which can reduce market supply and potentially drive up the price.

Market sentiment and broader trends in the cryptocurrency and blockchain industry also play a significant role in determining the price of FLEX. Positive developments within the CoinFLEX platform, such as strategic partnerships, technological advancements, or regulatory compliance achievements, can boost investor confidence and attract more users to the platform, thereby increasing demand for the token. Conversely, broader market downturns or negative news can lead to decreased demand and a drop in price. As with all cryptocurrencies, potential investors should be aware of the volatile nature of the market and conduct thorough research before investing.

Trade FLEX perpetual futures

After having successfully signed up on Bitget and purchased USDT or FLEX tokens, you can start trading derivatives, including FLEX futures and margin trading to increase your income.

The current price of FLEX is $1.24, with a 24h price change of +7.68%. Traders can profit by either going long or short onFLEX futures.

Join FLEX copy trading by following elite traders.

After signing up on Bitget and successfully buying USDT or FLEX tokens, you can also start copy trading by following elite traders.

FLEX news

See more
profileImg

BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals

Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.

Coindesk2023/12/18 21:31#Markets#Bitcoin ETF#BlackRock
profileImg

Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain

The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.

Coindesk2023/11/16 08:00#Business#Sushi#SushiSwap
profileImg

Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally

“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”

Coindesk2023/07/25 12:47#Business#Twitter#DOGE
profileImg

Bitcoin Inscriptions Not a Fading Trend | Crypto Daily Digest Sep. 8

While Bitcoin NFT sales have declined, Ordinals inscriptions continue rising.

TokenInsight2023/09/08 13:49#Bitcoin#NFT
profileImg

Friend.tech Gaining Momentum | Crypto Daily Digest Aug. 22

The latest update you need to know about Friend.tech

TokenInsight2023/08/22 15:31#Social#Coinbase

People are also inquiring about the price of FLEX.

What is the current price of FLEX?

We update our FLEX to USD price in real time. Get the live Price of FLEX on Bitget.

What is the 24 hour trading volume of FLEX?

Over the last 24 hours, the trading volume of FLEX is $132,017.91.

What is the all-time high of FLEX?

The all-time high of FLEX is $8.16. This all-time high is highest price for FLEX since it was launched.

Can I buy FLEX on Bitget?

Yes, FLEX is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy guide.

Can I get a steady income from investing in FLEX?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy FLEX with the lowest fee?

We're pleased to announce that strategic trading platform is now available on the Bitget exchange. Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders.
Cryptocurrency investments, including buying FLEX online via Bitget, are subject to market risk. Bitget provides easy and convenient ways for you to buy FLEX, and we try our best to fully inform our users about each cryptocurrency we offer on the exchange. However, we are not responsible for the results that may arise from your FLEX purchase. This page and any information included are not an endorsement of any particular cryptocurrency.

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FLEX is not available for trading on the Bitget Exchange, but can be held in custody on Bitget Wallet.
You can trade other coins like BTC on Bitget.

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FLEX resources

Contracts
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Links
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