CandleFocus 3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus
2024-10-04
Author: Content Editor
Analyst Nick Valdez predicts significant growth for Chinese altcoins, such as Conflux, Alchemy Pay, and Ontology, as China injects $142 billion into its economy. Valdez believes that this stimulus will drive the next wave of growth in Chinese-linked cryptocurrencies, despite the broader crypto market experiencing declines. Valdez highlights Conflux's potential to reach a market cap of $10 billion, Alchemy Pay's potential to grow to $5 billion, and Ontology's potential to reach $2 billion or more. This economic stimulus in China is expected to create an altcoin season, benefiting Chinese-linked coins and having a positive impact on digital assets.
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