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MainNews3 Chinese Al...

3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus


Oct, 04, 2024
< 1 min read
by CoinEdition
3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus
  • Nick Valdez analyzes Chinese altcoins in light of China’s $142 billion stimulus.
  • Conflux and Alchemy Pay are positioned for potential market cap increases.
  • China’s economic policies may trigger an altcoin season linked to Chinese markets.

Analyst Nick Valdez has predicted significant growth for Chinese altcoins as China injects $142 billion into its economy. With the broader crypto market experiencing declines, this stimulus is expected to drive the next wave of growth in Chinese-linked cryptocurrencies, according to Valdez.

Valdez highlighted three Chinese altcoins with strong growth potential due to the economic stimulus: Conflux (CFX), Alchemy Pay (ACH), and Ontology (ONT).

Conflux: The “Chinese Ethereum”

Conflux, often called the “Chinese Ethereum,” has drawn attention for its rising market capitalization despite recent price dips. Valdez predicts that Conflux could reach a market cap of $10 billion as it improves its technology, particularly transaction speeds and compatibility with Ethereum’s virtual machine.

Though its price fell to $1.50 in 2023, Conflux has maintained higher market cap highs. Currently, 4.4 billion of its 5.5 billion…

The post 3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition
Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto funding rates across major centralized and decentralized exchanges settled nea...
Apr, 05, 2025
< 1 min read
by CoinEdition
MainNews3 Chinese Al...

3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus


Oct, 04, 2024
< 1 min read
by CoinEdition
3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus
  • Nick Valdez analyzes Chinese altcoins in light of China’s $142 billion stimulus.
  • Conflux and Alchemy Pay are positioned for potential market cap increases.
  • China’s economic policies may trigger an altcoin season linked to Chinese markets.

Analyst Nick Valdez has predicted significant growth for Chinese altcoins as China injects $142 billion into its economy. With the broader crypto market experiencing declines, this stimulus is expected to drive the next wave of growth in Chinese-linked cryptocurrencies, according to Valdez.

Valdez highlighted three Chinese altcoins with strong growth potential due to the economic stimulus: Conflux (CFX), Alchemy Pay (ACH), and Ontology (ONT).

Conflux: The “Chinese Ethereum”

Conflux, often called the “Chinese Ethereum,” has drawn attention for its rising market capitalization despite recent price dips. Valdez predicts that Conflux could reach a market cap of $10 billion as it improves its technology, particularly transaction speeds and compatibility with Ethereum’s virtual machine.

Though its price fell to $1.50 in 2023, Conflux has maintained higher market cap highs. Currently, 4.4 billion of its 5.5 billion…

The post 3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Positive News Barrage Hits Solana: Analyzing ETF and PayPal Moves

Solana (SOL) regained focus Saturday, rising nearly 6% over 24 hours to trade near $1...
Apr, 05, 2025
< 1 min read
by CoinEdition
Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto Funding Rates Indicate Indecision: BTC, ETH Show No Strong Bias

Crypto funding rates across major centralized and decentralized exchanges settled nea...
Apr, 05, 2025
< 1 min read
by CoinEdition