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<ul class="wp-block-list news-points">
 <li>Nick Valdez analyzes Chinese altcoins in light of China’s $142 billion stimulus.</li>
 <li>Conflux and Alchemy Pay are positioned for potential market cap increases.</li>
 <li>China’s economic policies may trigger an altcoin season linked to Chinese markets.</li>
</ul>
Analyst Nick Valdez has <a href="https://www.youtube.com/watch?v=ENj6qFTwMok" target="_blank" rel="noopener noreferrer nofollow">predicted</a> significant growth for Chinese altcoins as China injects $142 billion into its economy. With the broader crypto market experiencing declines, this stimulus is expected to drive the next wave of growth in Chinese-linked cryptocurrencies, according to Valdez.
Valdez highlighted three Chinese altcoins with strong growth potential due to the economic stimulus: Conflux (CFX), Alchemy Pay (ACH), and Ontology (ONT).
<h2 class="wp-block-heading" id="h-conflux-the-chinese-ethereum">Conflux: The “Chinese Ethereum”</h2>
Conflux, often called the “Chinese Ethereum,” has drawn attention for its rising market capitalization despite recent price dips. Valdez predicts that Conflux could reach a market cap of $10 billion as it improves its technology, particularly transaction speeds and compatibility with Ethereum’s virtual machine.
Though its price fell to $1.50 in 2023, Conflux has maintained higher market cap highs. Currently, 4.4 billion of its 5.5 billion…
The post <a href="https://coinedition.com/3-chinese-altcoins-to-pump-the-hardest-amid-142b-stimulus/" rel="noopener noreferrer nofollow">3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

3 Chinese Altcoins to Pump “the Hardest” Amid $142B Stimulus

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