Mercurity Fintech (MFH.US) stock price skyrocketed by 53% in a single day, igniting market enthusiasm for its encrypted financial strategic layout.

According to the Zhutong Finance APP, the stock price of Mercurity Fintech Group (MFH.US), a digital financial technology group, experienced a significant increase on Thursday, closing up more than 53%, marking the largest single-day increase in recent times. The trading volume also reached $40.63 million, hitting a new high in 8 months. It is worth mentioning that the company rebounded significantly the next day, demonstrating the enthusiasm of retail investors and reflecting the fact that the stock price was wrongly punished in the previous days. Furthermore, this strong performance is in line with the company's recent intensive strategic actions, indicating the market's confidence in its deep cultivation of the encrypted currency and blockchain financial field.