$CFX skyrocketed, why is this happening???
A Er will analyze for everyone:
#CFX is a high-performance public blockchain led by the Longguo team, adopting tree graph consensus that balances security and scalability, hoping to create a new generation of blockchain infrastructure that is compatible with the Ethereum ecosystem and has compliance advantages in Longguo.
The main reasons for the recent rise:
① Technology update to public blockchain 3.0, improving transaction throughput and supporting artificial intelligence;
② The first trial of a renminbi stablecoin, mainly used for cross-border settlement;
③ Looking at the daily line, there are obvious signs of bottom accumulation, and the time is long enough.
CFX has support from the government, and those who understand know. Moreover, it is still a leader in the Hong Kong sector, and A Er is very optimistic about the future development potential and upward space. Currently, it is recommended to focus on buying on dips. A Er will notify you in a timely manner when there are suitable entry points!
Other stocks to focus on in the same sector: $ATH $OM CKB PHB
