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DataDrivenInvestor
Jan 24
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Here’s the price chart for the past thirty days, which shows a decent price climb. With its halving on the way in about two weeks, the price could climb significantly with Bitcoin pumping.
The platform utilizes its own native token, FLUX, which is an ERC-20 token that runs on the Ethereum blockchain. Token holders can use FLUX to participate in the platform’s governance and decision-making process and receive discounts on transaction fees.
I wrote about FLUX in NOV 21, just before the crypto bear market, comparing FLUX and Kadena (KDA). It’s still one of my most-popular crypto articles.
You can read that here:
medium.com
Likewise, I interviewed Parker Honeyman, the founder of FLUX and Chief Operating Officer of both FLUX and the Zelcore wallet.
If you need a secure wallet for your online assets like crypto and NFTs. “Look into the Zelcore wallet — what Parker Honeyman refers to as “…a browser to the blockchain.”
Serious business! You can do just about everything you can do on a browser inside the wallet. Take a look.
medium.datadriveninvestor.com
Additionally, FLUX can be staked to earn interest and liquidity providers can earn FLUX by providing liquidity to the platform’s pools. You can do that right inside your Zelcore wallet.
The overall tokenomics of FLUX is designed to create a sustainable and decentralized ecosystem.
I always like to include an animated whiteboard explainer if I can find a good one. This one is.
FLUX is a Proof-of-Work (PoW) altcoin, much like Bitcoin (BTC). It means the miners will be paid about half per FLUX altcoin produced, so fewer coins will be “minted.” This video will provide a better understanding.
“The live Flux price today is $0.655685 USD with a 24-hour trading volume of $11,870,175 USD. We update our FLUX to USD price in real-time. Flux is down 0.89% in the last 24 hours. The current CoinMarketCap ranking is #147, with a live market cap of $188,763,501 USD. It has a circulating supply of 287,887,542 FLUX coins and a max. supply of 440,000,000 FLUX coins.” — Coin Market Cap.
The current price of FLUX is around 70 cents, so with $50 per month, you can buy about 350 FLUX. Then, you can stake those within your Zelcore wallet. In a year, you’ll have about 4,500 FLUX.
If it goes to just $1 per coin, you’ll make 30%. However, if it returns to its all-time high of $4.17, your FLUX will be worth about $21,000.
Yes, that’s a lot of speculation. But I’m not talking about making a massive investment at $50 per month. Do your own research (DYOR), and don’t invest money you cannot afford to lose.
#flux #zelcore #defiwallet #web3 #Fluxnodes
DISCLAIMER: This article is for entertainment and informational purposes only. It should not be considered financial or legal advice. Not all information will be accurate. I am not a financial adviser, and you should consider anything I write as informational and friendly banter to show you what is possible if you invest your money in these vehicles. However, there are no guarantees. Consult a financial professional before making any significant financial decisions.
Note: This post contains affiliate links. Read my disclosure statement for additional information.
Stephen Dalton is a retired US Army First Sergeant with a degree in journalism from the University of Maryland and a Certified US English Chicago Manual of Style Editor. Also, a Top Writer in Nutrition, Investing, Travel, Fiction, Transportation, VR, NFL, Design, Creativity, and Short Story.
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