The CFX market has gone crazy this time, with a single-day increase of 37%!
As one of the three musketeers of domestic public chains, Conflux's recent Web3 payment service has clearly caught the attention of funds. The project's market value is $1.25 billion, with a turnover rate of 33%, and its liquidity is quite good, allowing for large capital inflows and outflows without any issues.
From the market perspective, it's incredibly aggressive, with a net inflow of over 20 million CFX in large orders, and medium-sized funds are also frantically buying up, indicating that major players are collectively manipulating the market.
The historical highest price is $1.70, which leaves a huge room for imagination.
Currently, this wave of increased volume and breakout looks very healthy, unlike those low-volume pump-and-dump projects.
This market trend clearly seems prepared and is likely aiming for the previous highs, but remember not to get too carried away; such rapid increases often come with severe fluctuations, so position management is crucial.
The domestic market has always had large fluctuations; it's all about the thrill, but the profit effect is indeed enticing! The speed of losing money isn't slow either.
In the crypto world, choice is greater than effort! Follow the right people, and making money will be a natural outcome!
