๐Ÿš€ Why is $CFX Pumping Hard โ€” And Can It Continue? ๐Ÿ‡จ๐Ÿ‡ณ๐Ÿ”ฅ

$CFX (Conflux), dubbed โ€œChinaโ€™s Ethereum,โ€ just exploded over 115% in 24h, briefly touching $0.25 โ€” levels not seen since December! Here's why this pump is different ๐Ÿ‘‡

๐Ÿ”น Major Catalysts Behind the Surge:

1๏ธโƒฃ New Offshore Yuan Stablecoin

Conflux is teaming up with fintech AnchorX + Eastcompeace Tech (Shenzhen-listed) to launch a stablecoin pegged to the offshore yuan. Target? Cross-border BRI (Belt and Road Initiative) corridors.

๐Ÿ’ฅ Big for China trade, big for blockchain.

2๏ธโƒฃ Conflux 3.0 Incoming (August)

New upgrade claims 15,000 TPS and support for real-world asset issuance & cross-border settlements. This is next-level scalability with real use cases.

๐Ÿ“ฐ Covered by State Media โ€” lending credibility and signaling compliance. Thatโ€™s massive in the Chinese crypto space.

๐Ÿ“ˆ Volume Surge

From $60M โ†’ $1.7B in 48h. Clearly, Asian traders are flooding in.

๐Ÿ“ Market Cap now over $1B โ€” back in the Top 120 tokens.

Conflux has previously pumped on China-aligned narratives (China Telecom, McDonaldโ€™s China, Shanghai gov pilots)... but this time, itโ€™s paired with tech + adoption + regulation.

๐Ÿง Can it Continue?

If hype stays strong into the Conflux 3.0 launch + stablecoin rollout gains traction โ€” yes, momentum could carry higher.

๐Ÿ“Œ Watch key level:

Break above $0.24 = open skies ๐Ÿš€

Support: $0.185 โ€“ $0.190

Volume speaks louder than words.

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