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$CFX
#CFX I added back the positions I reduced this afternoon.
Currently, it still shows potential for long-term holding, especially since it has genuinely deployed offshore RMB and is being used for Belt and Road cross-border trade settlement. It all depends on whether there will be new cooperation projects down the line. After all, Hong Kong stablecoins are just getting started, which is essentially a semi-liberalized state.
AXCNH offshore RMB is currently deployed on only three chains: Conflux (CFX), Ethereum (ETH), and BNB.
After all, CFX has backing and support from the Hong Kong Monetary Authority.
I'll hold and see how it goes. Buy on small dips, buy on big dips. If I lose 20% of my capital, I'll accept it.