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Look at what's happening in the Chinese market... China injected 280 billion dollars into the stock market and it's shaking everything up. The biggest weekly gain since 2008, man. When liquidity flows like this, Chinese crypto usually follows the movement.
I've been watching some tokens that have a strong connection to this Chinese economic narrative. CFX is interesting - it has heavy partnerships (China Telecom, Alibaba Cloud), but the market cap has dropped significantly, now around 313 million. There's also PEPE, that meme coin that surged in 2024 and is now at 1.68 billion. Different from what it was before.
There are some others worth keeping an eye on. ACH (Alchemy Pay) connects fiat currencies with crypto and has ties to the Chinese ecosystem, at 36 million. MNT (Mantle) has grown a lot, with a 2.09 billion market cap, it's an L2 solution. And IMX, which works with NFTs and has support from major Chinese investors.
The point is that when you see capital movement of this size in China, Chinese crypto tends to attract attention. These tokens have roots in that economy, so it's sensible to keep an eye on them. It’s not a guarantee of anything, but the correlation between liquidity and these assets is real.