$CFX: The Rise of the Shanghai Coin, What Are the Underlying Strategies Behind It?
The story of $CFX is not just a tale of a cryptocurrency; it is a reflection of the strategic layout of Shanghai as a financial center.
With a market capitalization of 7 billion RMB, it may seem modest, but in the long run, this coin carries deeper political and financial significance.
Why is $CFX referred to as the "Shanghai Coin"?
It is backed by the compliance of the Shanghai municipal government, and Premier Li's endorsement provides significant official support.
Let’s not forget that Shanghai is set to vigorously promote 20,000P smart computing this year; this figure is not just a slogan, it represents Shanghai's strategic positioning in the upper echelons of finance.
As a potential financial competitor, $CFX has the opportunity to become the focal point in the competition between global financial centers, Shanghai, and Hong Kong.
The institutional interest in $CFX’s potential is bound to attract a massive influx of capital.
Once the wind changes, the local capital market investors will undoubtedly flock in.
Can you envision this scene? With the continuous increase in market capitalization, $CFX may witness a capital influx from 1U to 2U, and the driving force behind all this may very well be the "big players" who dare to act as market makers.
Once the accumulation is complete, $CFX will no longer be just a blockchain project; it will become a new business card for Shanghai's financial community.
