Cryptocurrency

Conflux surges 60% following integration with China’s Little Red Book

Conflux Native Token (CFX) has surged by up to 60% in the last 24 hours after successfully integrating the protocol with a Chinese app called Little Red Book.

conflux is a layer 1 blockchain protocol designed to connect creators, communities and markets across protocols and borders.

Little Red Book announced on January 24 that it has integrated with Conflux to allow users to issue non-fungible tokens (NFTs).

NFTs created on the Conflux network are Self introduction page In a digital collection section called R-Space.

NFT integration will enable over 200 million Little Red Book users to create profile pictures on the Conflux blockchain.

“…allowing permissionless blockchains to be integrated into such large companies will further strengthen China’s support for NFTs,” the press release states.

Overall, the NFT integration helped boost Conflux’s native token (CFX) by 60%, trading at $0.05 in the last 24 hours.

Additionally, CryptoSlate data shows that CFX surged to almost 100% in the last seven days.

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