CFX trading volume surges 4x! Conflux ($CFX ) rockets 27%—are funds quietly targeting a veteran public chain?
Conflux (CFX), a long-established compliant public chain project in China, suddenly saw a surge in trading volume over the weekend, jumping 27.08% in a single day to $0.06311. Its 24-hour trading volume soared more than 4x to $76 million!
A search of all public channels shows no new compliance licenses or permits were granted today. Unlike LUMIA’s “old proposal hype,” this appears to be a concentrated buying spree on Saturday, as funds turned to an L1 public chain with deep liquidity and a compelling story while the market lacked a clear narrative.
Conclusion: $0.055 is the key support zone for this rally, with strong resistance at the round-number level of $0.070 above. Without supporting news of a concrete development, beware of funds taking profits on Sunday.
#CFX #Conflux #L1公链 #合规叙事
$CFX
Conflux (CFX), a long-established compliant public chain project in China, suddenly saw a surge in trading volume over the weekend, jumping 27.08% in a single day to $0.06311. Its 24-hour trading volume soared more than 4x to $76 million!
A search of all public channels shows no new compliance licenses or permits were granted today. Unlike LUMIA’s “old proposal hype,” this appears to be a concentrated buying spree on Saturday, as funds turned to an L1 public chain with deep liquidity and a compelling story while the market lacked a clear narrative.
Conclusion: $0.055 is the key support zone for this rally, with strong resistance at the round-number level of $0.070 above. Without supporting news of a concrete development, beware of funds taking profits on Sunday.
#CFX #Conflux #L1公链 #合规叙事
$CFX