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Do you still not know why this wave of CFX is rising so sharply? I'll tell you in plain language in one minute!
1. Technical upgrades are crucial: CFX is about to upgrade, with speeds increasing several times, and performance like it's been given a boost. The market views it favorably, likening it to the "domestic Ethereum."
2. Strong policies and cooperation: It is the only officially recognized public chain in the country, has created a RMB stablecoin, and has combined with AI, with plenty of positive news.
3. Short-term funds are aggressively buying, and the technical aspect is also boosting: trading volume has surged, creating a rapid price increase, forcing short sellers to cut losses, and prices are rising directly.
According to the current trend of CFX, if the market lowers interest rates in September, it is possible to rise above 0.5 or even 1!
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