Warning cuz the markets are dumping but As the markets are dumping there's still Opportunity in crypto and there's one Sector that's about to start pumping and That's the sector within the Chinese Economy and there are some Chinese Altcoins that are about to start pumping And we're going to look at three of them Today and I want to give a big shout out To alt crypto gems and wck fencer for Putting out some really good threads on Some Chinese altcoins for you to have on Your radar cuz China is about to inject $42 billion into his economy the Beijing 50 index just Rose 23% it was best day Ever and the real gains are going to be In China link coins and if you didn't Know why Chinese stocks are about to Start pumping in Chinese coins as well It is off the backs of their stimulus Package that they're about to pass and The first coin that we're going to look At is the Chinese ethereum if you didn't Know the Chinese etherium is that is the Nickname for conflux cfx now conflux That coin doesn't look great in the Charts you see how high it was it hit Really close to a you know $1.75 above a $150 but barely put in a new all-time High and barely had a little bit of a Pump uh you know in 2023 but when we Look at market cap everything changes For this token we click on that and boom Wow actually conflux is putting in
Higher highs when it comes to market cap And I think this trend is going to Continue it is a very good buy but Number three that coin is probably going To have the best upside here but conflux Still looks pretty good if you look at The last 3 months you can see a very Sharp pullback just happened with the Recent Market dump that is happening if You look at the 24-hour chart holy crap This coin really looks like it's on sale But when you zoom out definitely looks Like it's on sale right now now a lot of The tokens are out already 4.4 billion Out of 5.5 billion the next two are Going to have even better tokenomics in This one and the market cap right now Above 700 million but you can see that We were above 2 billion at one point and I think conflux has a really good shot At hitting 10 billion market cap this Cycle now pretty cool news they just put Out their road map hours ago and I just Poured through it I read everything so You don't have to here now we're just Going to look at the next couple years The primary goal of conflux here is to Be a superior layer one like I said they Want to be the Chinese ethereum and they Have some pretty cool stuff on the Horizon first they're going to boost the Transaction speed and they're saying we Don't know for sure it could be a Tenfold increase in the operations per
Second very bullish now also they're Going to support L2 ecosystem over the Next year and a half or 2 years but last But not least it's the multiple virtual Machine support So multiple VMS to Operate on the same state space that Basically means they could operate with Potentially ethereum virtual machine as Well as other altcoins kind of be in the Hub for everything crypto so if they can Onboard the evm the ethereum virtual Machine it's going to be very bullish For conflux kind of looking at some of The price targets here we can definitely Push $10 billion because look at the RSI Folks this is the relative strength Index and you see when the relative Strength index peaked into overbought Territory Above This dotted line right Here well we go straight up conflex Still had a lot of room to the upside Price-wise and then you can look again At the most recent pump in March of this Year as we just went into overbought Territory on the relative strength index Conflex still had a lot of room to the Upside and if you look where we're at Today we are nowhere even close to the Top of overbought territory so I'm still Bullish on conflex 10 billion Mark cap Is in play coin number two is going to Be Alchemy pay this is also a Chinese Altcoin here and it is a coin that re Fencer and altcoin gems likes now Rec
Fencer is saying you know is bridging Trafi and crypto letting businesses Accept crypto you know payment gateways Mobile wallet so basically a defi play Here and if you look at what uh alt Crypto gyms is saying here Payment Solutions provider and founder Origins Are from China also partnered with Conflux network and Partnerships with Binance and huobi the biggest Asian Exchanges now when we go back to the Coin price you look at Price versus Market cap you're seeing a similar story Here the token are being released but Good news here now folks starting to Look a little better 81% of the tokens Have been released so so not as many Tokens are going to be dumped on you you Know in the future here now if you're Wondering if the project dead are they Still building I kind of looked at what They did for the most recent month which Was September and then they have a Little bit of product overview they Integrated Google pay on Virtual card Support also more payments across Southeast Asia they went to all the Blockchain events and conferences there And big collaborations with some big Names including ton and tether as well As a very popular meme coin called Pepe So it looks like you know they're in the Middle of build mode founder mode and I Would not sleep on Alchemy pay price
Prediction here is very very easy shot To a billion doll market cap but Potential for A5 billion doll market cap And if you look at the market cap right Now $156 million that is a lot of room To the upside now coin number three Potentially is going to have the most Upside because it has a very small Market cap and 91% of the tokens have Been Rel least and now we're looking at The best tokenomics the best I don't Know why I said it like that but $161 Million lot of room to the upside now Looking at the price here man does this Look beaten down on market cap you look At price though wow looks even worse so A lot of room to the upside here if we Can recapture some of its former glory But can it recapture its former glory And hit above $2 billion again well Folks they are certainly hiring in Asia Right now looks like they're trying to Get some more Mobile support and if we Look you know what are they doing Exactly this is a data play and I think Big data is going to be big moving Forward here uh some of the Big Data Plays they're doing is they're working With distributed identity framework and Distributed data exchange framework this Is just ways for systems to talk to one Another did a little bit of a deep dive Here and it says what their framework Does right here it's combination of
Things of blockchain smart contracts and Cryptographic components like data Tokenization and real world asset Ownership so this is a rwa play but if You're wondering you know what what does This even mean a a data play well I went Down a little bit of a rabbit hole I was Like well why do you want me to look at That and when I looked at that I was Like oh that's exactly what Calfornia is Doing with their DDF and their dxf Statewide data sharing agreement in California and so if you're government Agency Healthcare entity or Social Service program you need to be part of National standards when it comes to Sharing data and so DMVs from Oklahoma To Georgia can talk to one another as Well as Healthcare Providers and so They're trying to set up the Decentralized data framework here so Very very big play with a very very big Upside here and when I look at what They're building well I got the good News and the bad news is good news is They're exploring the Bitcoin ecosystem It's recently about a week ago the bad News is I wish they had a little bit More engagement on their tweets here but I will say hey they're out there they're They're making talks they're they're Doing all the things and they are trying To stay engag uh retweeting the memes Doing all the things they have world of
Friends so it is an active Community but I want it to be a little bit more active When I see 200,000 followers so those Are the three coins I would keep it eye Out on I do think China is about to set Up a brand new altcoin season and these Chinese coins are going to pump the Hardest folks so those are three coins I'm keeping an eye on and I would say You do the same and I'll see you and Your chinese-based altcoins at the top
