🚨 Conflux ($CFX ) Down 4.28% – What's Going On?
📉 Price: $0.2135
📉 24h Change: -4.28%
📊 Market Cap: $1.09B
💰 24h Volume: $202M
📈 Rank: #74
⚠️ Why the Drop?
1️⃣ China Crackdown: Ban on stablecoin events hurt confidence in Conflux’s yuan-pegged stablecoin plans.
2️⃣ Technical Resistance: Failed breakout at $0.23 led to profit-taking.
3️⃣ Altcoin Shift: Market rotating out of mid-cap altcoins like CFX.
🔍 But Don’t Ignore This:
✅ $CFX still up 179% in 30 days!
✅ Stablecoin pilot (AxCNH) live in Singapore, Malaysia, HK
✅ Big tech upgrade (15,000 TPS) still on track
📌 Key Level to Watch: $0.20 support – if it holds, recovery possible!
💬 Is CFX still on your radar? Hold or exit? Drop your thoughts 👇