$CFX
🚀🔥 CFX makes a strong comeback!
📈 Conflux ($CFX) is witnessing a fiery surge exceeding +100% in just days, driven by strong news and promising technologies!
🔹 Key reasons behind the rise:
✅ A massive upgrade is coming: Conflux 3.0
⏫ Aiming for 15,000 transactions per second and reducing energy consumption with a hybrid PoW/PoS model.
✅ Launch of a stablecoin 🔗 linked to the Chinese yuan (AxCNH)
💼 In collaboration with AnchorX and Eastcompeace to facilitate cross-border payments under the Belt and Road Initiative 🌍
✅ Government partnerships:
🤝 Cooperation with the Shanghai government and China Telecom to support digital identity via blockchain.
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📊 Important numbers:
💵 Current price: about $0.22
📊 24-hour increase: +39%
💰 Market cap: +$1 billion
📈 Daily trading volume: surpassed $1.5 billion
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⚠️ Quick analysis:
Strong support: $0.18
Next resistance: $0.30 then $0.34
Strong upward momentum but actual usage on the network is still weak – 80% of the gas is consumed by just 3 wallets!
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📌 Conclusion:
CFX is flying high, but can it hold? The upcoming 3.0 upgrade is the real turning point... If successful, the currency could officially enter the ranks of competing layer one coins.
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