#大A香还是大饼香 ? In fact, the currency circle also has its own "Big A" concept token, and $CFX is one of the representatives!
💡 Its price is closely related to #中国香港概念 . The following are the key moments of CFX's several surges:

1. A surge of more than 2000% from February to March 2021
Reason: The Chinese government explicitly supports blockchain technology. Conflux is one of the few public chain projects that has been officially recognized. The market regards it as a "compliant" public chain, which has driven CFX's sharp rise. 📈

2. Rise in May 2021, an increase of about 100%
Reason: Conflux cooperates with well-known domestic companies such as China Telecom to expand the ecosystem and launch DeFi and NFT projects. China's policies continue to support the development of blockchain, which has boosted the rise of CFX. 🔗

3. A surge in February 2023, with an increase of nearly 1500%
Reason: Cooperation with the Chinese social platform Xiaohongshu to promote the application of NFT, which is a major breakthrough of blockchain technology in the Chinese social field. At the same time, Hong Kong introduced a virtual asset opening policy, further stimulating the rise of CFX. 🚀

4. A surge in May 2024, with an increase of about 600%
Reason: China issued a new round of blockchain support policies, emphasizing the application of technology in finance, supply chain and other fields. Coupled with Conflux's cooperation with international financial institutions, the double benefits drove CFX to surge. 📊

These increases clearly show that CFX's price performance is highly correlated with Chinese policies. Therefore, when the A-share blockchain sector performs strongly, funds are likely to flow into tokens like CFX, which have obvious policy advantages. 💼

So, #大A香还是大饼香 ? CFX and other #大A概念 coins are definitely a powerful force in the currency circle! 💪
$CFX