Hong Kong is actively promoting the construction of an encryption financial center, a strategic initiative that has attracted market attention to related tokens. Among them, CFX and NEO, as tokens with the "Hong Kong concept", frequently become the objects of funds' favor.



CFX is seen as a leader in this concept due to its frequent mention in relevant policies in Hong Kong. Whenever positive news emerges, CFX often attracts the attention of investors first. NEO, as a mature public chain project, despite its relatively low ecosystem activity, still holds a place in the relevant narratives in Hong Kong.

There are three main reasons why investors are keeping an eye on these tokens:

First, the policy driving force is strong. Hong Kong has made substantial progress in areas such as cryptocurrency licenses and spot ETFs, and future development in derivatives and stablecoins is also highly anticipated.

Secondly, funds are highly sensitive to the "Hong Kong concept." Investors from mainland China and Asia respond quickly to changes in policies related to Hong Kong, often leading to rapid fluctuations in the prices of related tokens.

Finally, market sentiment is easily stimulated. Investments in the Hong Kong sector are mostly concentrated on policies and expectations. Although actual implementation may take time, there is often a surge of funds in the short term, leading to a strong herd effect.

However, it is worth noting that the Hong Kong sector is mainly driven by policy expectations, which means it may experience significant short-term volatility. While this provides opportunities for short-term trading and sentiment arbitrage, long-term development still highly depends on the actual progress of policies. Investors need to stay alert while participating and weigh short-term opportunities against long-term risks.
CFX3.34%
NEO0.67%
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WhaleWatchervip
· 7h ago
Is CFX really going to da moon?
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CounterIndicatorvip
· 8h ago
This wave can be traded for a bit.
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SchrodingersPapervip
· 08-24 13:38
Entered a position and suffered huge losses. Don’t ask me at which price I played people for suckers with CFX.
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CoffeeNFTradervip
· 08-24 13:37
Such high heat for cfx ahhhhh
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DataPickledFishvip
· 08-24 13:29
A lot of people have gone all in on CFX.
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