Flux has witnessed a surge in its market performance following a 7-month period subsequent to its halving event.
Halving denotes a networking gathering wherein the rewards designated for miners of the native coin within the protocol are diminished by half.
This practice is primarily observed in proof-of-work (PoW) digital currencies like Bitcoin (BTC), Litecoin (LTC), and Dogecoin (DOGE), among others. Notably, Flux’s halving deviates from this standard due to its employment of a distinct consensus model known as proof of useful work (PoUW).
Although specific details regarding the precise timing of the halving remain undisclosed, members of the Flux community are already gripped by anticipation.
Numerous projections within the community envision the coin’s value soaring to as high as $5. If Flux were to reach $5 by 2025, the percentage ROI would be 1150% as it is traded at ~ 0.4 currently.
*Note: This topic is not investment advise. The cryptocurrency market is highly volatile and unpredictable. Making investment decisions should involve thorough research and consideration of your own financial situation and risk tolerance.