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

CoinMarketCap

2024-10-05

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.

免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。

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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.</p>\n<p>Valdez highlighted three Chinese altcoins with strong growth potential due to the economic stimulus: Conflux (CFX), Alchemy Pay (ACH), and Ontology (ONT).</p>\n<h2>Conflux: The “Chinese Ethereum”</h2>\n<p>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.</p>\n<p>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…</p>\n<p>The post 3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus appeared first on Coin Edition.</p></body></html>\n<div class=\"bt-text\">\n\n\n<p> 來源：<a href=\"https://coinmarketcap.com/community/articles/67001a3c9a1fe81566acc2ab/\">CoinMarketCap</a></p>\n<p>為提升您的閱讀體驗，我們對本頁面進行了排版優化</p>\n\n\n</div>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"CETH","symbol_name":"以太坊ETF-21Shares","start_time":0,"source_url":"https://coinmarketcap.com/community/articles/67001a3c9a1fe81566acc2ab/","article_id":"2473651967","we_media_id":null,"thumbnails":["https://academy-public.coinmarketcap.com/srd-optimized-uploads/ddb6a1cbe4d64d03bd8becf5d718494f.jpeg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2473651967","pubTimestamp":1728059963,"columns":[],"sourceInfo":{"source_id":"coinmarketcap_highlight","name":"CoinMarketCap"},"weMediaInfo":null,"summary":"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 , Alchemy Pay , and Ontology .Conflux, often called the “Chinese Ethereum,” has drawn attention for its rising market capitalization despite recent price dips. 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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.\nValdez highlighted three Chinese altcoins with strong growth potential due to the economic stimulus: Conflux (CFX), Alchemy Pay (ACH), and Ontology (ONT).\nConflux: The “Chinese Ethereum”\nConflux, 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.\nThough its price fell to $1.50 in 2023, Conflux has maintained higher market cap highs. 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