China is injecting billions to pump its stock market

This could bring a lot of hype to Chinese narrative tokens

šŸ”¶ A week ago, China announced to inject around $280B in liquidity to pump its stock market.Ā 

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šŸ”¶ This resulted in the biggest weekly candle since 2008.

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šŸ”¶ As we know, the crypto prices follow liquidity, so tokens related to Chinese narrative could pump next.

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šŸ”¶ Now, let's start with the 5 tokens that have the highest chance of making big moves.

Small Reminder to like and repost this article šŸ˜Š

1) @Conflux ( $CFX)

šŸ”¶Open protocol for a new world of DApps, finance and Web 3.0

šŸ”¶ Partnered with China Telecom, Alibaba Cloud, Little Red Book, and BlockBooster

šŸ”¶ Pumps big during Chinese narrative

Stats

ā–¶ļø Market Cap: $821 Million

ā–¶ļø Circulating Supply: 4.53 Billion

ā–¶ļø Total Supply: 5.05 Billion

ā–¶ļø Fully Diluted Valuation: $916 Million

2) Peipei ( $PEIPEI)

šŸ”¶ Memecoin on Ethereum based on Matt Furies famous "Pepe The Frog"

šŸ”¶ Called "Chinese Pepe"

šŸ”¶ Listed on Gate, MEXC etc.

Stats

ā–¶ļø Market Cap: $69.5 Million

ā–¶ļø Circulating Supply: 411 Trillion

ā–¶ļø Total Holders: 42,000

ā–¶ļø Also, 17.6% of $PEIPEI supply is held by $PEPE holders

3) Alchemy Pay ( $ACH)

šŸ”¶ Payment solutions provider that connects fiat and global economies

šŸ”¶ Founder origins are from China, partnered with the Conflux Network

šŸ”¶ Have partnerships with Binance, Huobi etc.

Stats

ā–¶ļø Market Cap: $156 Million

ā–¶ļø Circulating Supply: 8.18 Billion

ā–¶ļø Total Supply: 10 Billion

ā–¶ļø Fully Diluted Valuation: $191 Million

4) Mantle ( $MNT)

šŸ”¶ L2 technology stack for scaling Ethereum

šŸ”¶ Launched by Bybit founder who is from China

šŸ”¶ Treasury is worth $2.7B, even higher than MCap

Stats

ā–¶ļø Market Cap: $1.97 Billion

ā–¶ļø Circulating Supply: 3.26 Billion

ā–¶ļø Total Supply: 6.219 Billion

ā–¶ļø Fully Diluted Valuation: $3.74 Billion

5) Immutable ( $IMX)

šŸ”¶ 1st L2 scaling solution for NFTs on Ethereum

šŸ”¶ Backed by Tencent, one of the biggest Chinese tech companies

šŸ”¶ Raised over $322 Million

Stats

ā–¶ļø Market Cap: $2.5 Billion

ā–¶ļø Circulating Supply: 1.605 Billion

ā–¶ļø Total Supply: 2 Billion

ā–¶ļø Fully Diluted Valuation: $3.11 Billion

That's the wrap!

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