Do you know that huge move by China injecting 280 billion dollars into the stock market? Well, the market responded with the biggest weekly jump since 2008. And guess what: this is significantly impacting Chinese cryptocurrencies and projects related to the country's economy.

I’ve been watching some coins that are in the crosshairs of this wave. Conflux (CFX) is one of them - it has heavy partnerships with giants like China Telecom and Alibaba Cloud, and is well positioned to capitalize on all this. Current market cap: $332 million.

Then there’s Pepe, that meme coin that went viral. Interestingly, people call it the 'Chinese Pepe' and it has surged quite a bit - now at a $1.76 billion market cap. Quite different from a few months ago.

Alchemy Pay (ACH) is another one that connects the fiat world with crypto, with strong roots in China through its founder. Mantle (MNT) leveraging Ethereum’s Layer 2, with a solid treasury. And Immutable (IMX), the first Layer 2 solution for NFTs, backed by Tencent.

The thing is, when Chinese liquidity starts moving, these coins tied to the country’s economic narrative tend to react. The correlation is quite clear. It’s no guarantee of anything, but it’s worth keeping an eye on how these tokens behave in the coming days.