🔥 CFX — Chinese favorite with explosion potential?

🔸 Current price: $0.195

🔸 Daily trading volume: $130+ million

🔸 Growth over the last month: +18%

🔸 Market: high bets on Chinese Web3

Conflux (CFX) is not just another coin. It is the only regulated blockchain in China, officially supported by government initiatives. In 2023–2024, the project has already collaborated with China Telecom on the launch of Web3 SIM cards. And now analysts are closely watching CFX as a bridge between the West and the East in crypto.

📌 What’s interesting now?

– Active fund movements by large wallets — suspicion of preparation for a surge

– Development of the Conflux DeFi ecosystem — new projects are receiving funding

– Rumors of a partnership with one of the leading Chinese banks in the direction of CBDC integrations

📉 Risks:

– Highly dependent on China's geopolitics

– Narrow support on global platforms (for now)

– Technical pullback corrections can be sharp — CFX has lost 25–30% several times in just a few days

🔮 What to expect next?

If CFX breaks the resistance zone at $0.21 — the next target is $0.28. In case of positive news from Asia, the growth potential is even higher. But it’s worth being cautious — the project is very sensitive to news and the political backdrop.