Asia's Bullish Crypto! Japan(ASTR) + S Korea(KLAY) +China(CFX)

While the west is confused the East is on the move.

Keeping an eye on those blockchains that have beaten out Eth and BNB as the defacto Layer1 platforms. Positioning now for the hype.

Japan - Astar ASTR = Huge partnerships (Sony, Toyota, and many more) and strong gov support (Web3 gov initiative)

S Korea - Klaytn KLAY = Founded by the largest consumer tech conglomerate in S Korea. (Kakao). Korea loves crypto (BTC on Bithumb routinely trades 30% premium)

China - Conflux CFX = state approved and adopted by Chinese instagram (RedBook). . .China's back. Enough said.

Comment:

Targets- expecting each of these to be worth 4 Billion +

That is the low end target in my opinion; would not be surprised if each or one of these coins grasped top 20 crypto status at some point during bull market. (in bull market where top 20 is 15B or more)

obviously not financial advice. just the opinion of a poor chart enthusiast

Chart shown is each token against crypto market cap to show out performance.

Comment:

Please share any other Layer 1's that may receive love from this region. This is not an exhaustive list and obviously things can change quickly with one announcement or new development.

Comment:

reconsidering Klaytn in this. The historical background, tokenomics and usage is quite questionable. it is large and they are currently rebranding to position themselves as a more "decentralized and transparent" Current organic adoption is questionable, it seems that this may be another VC/Big company focused coin .

I will continue to monitor their tranformation but I believe South Korea is wide open. Top traded tokens on korean exchanges mimic the West at the moment.

Comment:

Digging through the china narrative and seeing the hype fade.

Money will flow from the East, but I think the winner is not among this group.

Klay = rebrand and rebuild
CFX = corporate and no community
Astar = Polkadot stealing thunder via Dot 2.0 + WASM ecosystem losing supporters

Right now I am most strongly looking at OKEX ecosystem. They are making all the right moves and are directly targeting china/hong kong . OKT and OKB tokens.

Comment:

Adjusting comment on Astar, the focus for Astar has cemented itself as the polygon of Japan. They have an astar 2.0 initiative and funding to work with large dev teams to onboard companies to the astar blockchain. Revision of tokenomics and release of several new apps "actual apps not the ghost ones they have from parachain hype 2 years ago"

This cycle I am taking an NFT focus to my portfolio. So i am watching for developments in this area. Bluez is the current leading platform and i think it is a winner of the SONY and Astar think tank cohort. already live and functioning