Chinese coins pump coming?

[waONE]

It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet,
for example CFX, VET and CKB have not experienced pumps either,
of course this is a good opportunity to buy Chinese altcoins before June 1st.

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[darewaller]

It was comfortable for the Chinese to move to a neighbouring country to continue mining. Therefore, it is not surprising that the number of miners from China has increased in Kazakhstan. Perhaps they can go back if China removes the ban on mining. But the fact that China will remove the ban on cryptocurrencies should have a good effect on the market. I hope there will be an increase this summer because of the inflow of new money from China.

well that is correct and that was the most reason given by people here that since Kazakhstan is a near country from China so the miners migrated from the banning in that region.
now they are one of the biggest mining country in the world .
but look about the thread now and will chinese coin really pumping soon?
or this is just another pump and dump like what had happened in the past.

Good for Kazakhstan and good decision for the miners of China. They can now continue their postponed operations there. I heard lots of Chinese people migrated in other neighboring country other than Kazakhstan in order to use cryptos again.

If the rumors are true about the unbanning of crypto then yes, Chinese coins might pump along with other cryptos that we already know because this was a good news in the country of China and people are now going to start re-investing again. Dumping can still happen later on because there will be sellers who will take advantage of the recent pump. As long as the cryptos won't be banned anymore, they can recover quickly.

[Why you bully me]

It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet,
for example CFX, VET and CKB have not experienced pumps either,
of course this is a good opportunity to buy Chinese altcoins before June 1st.

What do you like about vsys? I remember searching them before I couldn't find anything interesting.

[Rupok]

If the news is true, if Hong Kong lifts its ban on crypto within a few months from 1st June 2023, we can definitely see a bull market for the mentioned coins.  Because a country's ban on cryptocurrencies will have a positive impact on the crypto market.I almost invest in VET, Filecoin coin.I know VET also has good fundamentals, which is why it's likely to get pumped.  But these coins are not for long term investment, investing in cryptocurrency is risky business, so it will be better for short term.

[tvplus006]

If the news is true, if Hong Kong lifts its ban on crypto within a few months from 1st June 2023, we can definitely see a bull market for the mentioned coins. ..

As Changpeng Zhao recently said, a bull market may be waiting for us soon. But if the Chinese do not take part in it, then it will definitely not be a bull market. It looks like the Chinese will join the cryptocurrency market again, which will undoubtedly push the entire market up.

[Dollar_Hunter]

from the news that China will legalize Bitcoin, of course this is a positive start for crypto currency to be bullish,
of course not only Chinese coins will pump, but all altcoins with strong fundamentals will also pump, but it will take time for market cap to rise again,
user from China will enter the market again and if you don't buy altcoins from now on then you will be left behind.

[peter0425]

It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet,
for example CFX, VET and CKB have not experienced pumps either,
of course this is a good opportunity to buy Chinese altcoins before June 1st.

and how long will it run mate? I am now interested in buying at least some of my extra funds but willing to learn more on how long to hold and how much percentage to expect?

If the news is true, if Hong Kong lifts its ban on crypto within a few months from 1st June 2023, we can definitely see a bull market for the mentioned coins.  Because a country's ban on cryptocurrencies will have a positive impact on the crypto market.I almost invest in VET, Filecoin coin.I know VET also has good fundamentals, which is why it's likely to get pumped.  But these coins are not for long term investment, investing in cryptocurrency is risky business, so it will be better for short term.

but of course , not all of those coins mate and also expect changes and limit your expectation , chinese coins might grow high but surely some of those will reverse its movement.

[bbc.reporter]

It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet,
for example CFX, VET and CKB have not experienced pumps either,
of course this is a good opportunity to buy Chinese altcoins before June 1st.

I reckon if Confux begins pumping, everyone should also begin to pay attention on the tokens of those projects that are being created in Conflux's ecosystem, very much similar to those of you who pay attention in the Ethereum, Binance smartchain, Avalanche and the Fantom ecosystems hehe. The liquidity might be lower, however, the pumps are much higher hehehehe. Small minnows like us do not need much liquidity.

Much of these Conflux projects are not very known by most of the traders in the cryptospace unless they are active in the Chinese crypto community.

[Inspiron14]

If the news is true, if Hong Kong lifts its ban on crypto within a few months from 1st June 2023, we can definitely see a bull market for the mentioned coins. ..

As Changpeng Zhao recently said, a bull market may be waiting for us soon. But if the Chinese do not take part in it, then it will definitely not be a bull market. It looks like the Chinese will join the cryptocurrency market again, which will undoubtedly push the entire market up.

yes China already believes in cryptocurrencies so we also have to believe that bullish will arrive soon,
considering that 2024 is the halving for bitcoin then maybe China has taken action first to buy on DIP,
we should follow it and buy some altcoins from China in Binance, my favorite is LINA.

[btctalk-memeboss]

Thats not certain, no one can ban all crypto activity.They can mostly controll large mining farms.

If you are looking for an investment #protip https://pepewx.tech
New memecoin, you can get it for cheap and hodl untill it get good %.

[lunnatic]

It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet,
for example CFX, VET and CKB have not experienced pumps either,
of course this is a good opportunity to buy Chinese altcoins before June 1st.

I reckon if Confux begins pumping, everyone should also begin to pay attention on the tokens of those projects that are being created in Conflux's ecosystem, very much similar to those of you who pay attention in the Ethereum, Binance smartchain, Avalanche and the Fantom ecosystems hehe. The liquidity might be lower, however, the pumps are much higher hehehehe. Small minnows like us do not need much liquidity.

Much of these Conflux projects are not very known by most of the traders in the cryptospace unless they are active in the Chinese crypto community.

The Conflux Ecosystem isn't that big like the ecosystems of Binance Smart Chain, Polygon and also Ethereum,
you can see several ecosystem names such as Trustswap, open Defi and Cobo I'm sure not only the Chinese community knows,
but everyone knows that, yes I do I'm grateful that CFX can pump because it's really feasible for CFX that has good fundamentals.

[bbc.reporter]

@everyone. The forum's Chinese community's subforum might be a good source of information if you want to have early information on tokens being developed in Asia. Hong Kong has also began allowing retail trading within their jurisdiction which clearly creates a storyline that China might be next.

Use google translate and start reading hehehehhe. Rumors on which coins and tokens that might be whitelisted by the government of China might bring the biggest pumps for the next bull market.



Hong Kong on Thursday reinstated retail crypto trading at select exchanges in what could serve as a test case for China reversing its 2021 ban on cryptocurrencies.

Source https://finance.yahoo.com/news/hong-kong-bringing-back-retail-090000097.html

[kesmex]

June 1st has passed and the fomo for Chinese coins seems to have ended,
because we have seen an increase in several Chinese coins such as LINA, KEY, ACH, VELO and VSYS etc.
we are in the beginning of the bullish so keep accumulation and don't sell cheap.

[tvplus006]

June 1st has passed and the fomo for Chinese coins seems to have ended,
because we have seen an increase in several Chinese coins such as LINA, KEY, ACH, VELO and VSYS etc.
we are in the beginning of the bullish so keep accumulation and don't sell cheap.

It should be remembered that since June 1, trade has been allowed only in Hong Kong and is still prohibited on the mainland of China. Accordingly, the governmen permission is required to continue the pump, although it is already possible for Chinese citizens to buy cryptocurrencies on Hong Kong exchanges.

[woksy]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I think there will be some moves this summer for all of the alt coins, not only FIL, VET, NEO
NEON is going to be huge (Neon Link)
We gotta check the market, soon we can see a huge gain coming

[bbc.reporter]

June 1st has passed and the fomo for Chinese coins seems to have ended,
because we have seen an increase in several Chinese coins such as LINA, KEY, ACH, VELO and VSYS etc.
we are in the beginning of the bullish so keep accumulation and don't sell cheap.

If there were some dumps on many of these Chinese tokens, this should be expected behavior, I reckon. Many traders have certainly been buying the rumor then selling on the news hehe. However, from a longterm speculative observation, the Chinese pump might only be starting.

[GelatikKembar]

June 1st has passed and the fomo for Chinese coins seems to have ended,
because we have seen an increase in several Chinese coins such as LINA, KEY, ACH, VELO and VSYS etc.
we are in the beginning of the bullish so keep accumulation and don't sell cheap.

If there were some dumps on many of these Chinese tokens, this should be expected behavior, I reckon. Many traders have certainly been buying the rumor then selling on the news hehe. However, from a longterm speculative observation, the Chinese pump might only be starting.

hopefully after June 1, Chinese narrative coins can start to rise again I'm sure of that,
because marketcap from China will come slowly on altcoins, because we are still in the bearish season so it's only natural that altcoins will experience a correction,
and in my opinion that's good because we are given another chance to buy coins from china.

[naikturun]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I don't have any news on those coins, even with their updates, they have been very quiet since the pandemic times have passed until the covid has been lifted. Or maybe I'm the only one who hasn't been updated, maybe vetchain and Neo can somehow pump there, because during the bull run they somehow pumped their values in the market as far as I know during those times, I just don't know if it happens again. Why are there any holds on these coins you mentioned?

I am also confused whether the news is accurate or not, what is certain is that everything might have been arranged and trying to get some people to follow it.
because things like that are normal in the crypto world and anyone can spread the news.

[Smitty Werben Man Jensen]

Hello, with Hong Kong looking to lift ban on crypto in a few months June 1st 2023. Could we see huge gains coming from the next bull market from the following coins: Filecoin (FIL), VeChain (VET), Neo (NEO) and Conflux (CFX).

What are your thoughts?

I don't have any news on those coins, even with their updates, they have been very quiet since the pandemic times have passed until the covid has been lifted. Or maybe I'm the only one who hasn't been updated, maybe vetchain and Neo can somehow pump there, because during the bull run they somehow pumped their values in the market as far as I know during those times, I just don't know if it happens again. Why are there any holds on these coins you mentioned?

All the altcoins that he mentioned, such as CFX, FIL, VET, and NEO, are altcoins with good fundamentals,
so if you don't know updates about project development, I'm sure you don't follow them on their social media,
because all of these altcoins are very updated on Twitter, Telegram or Facebook.

[icalical]

HongKong lifting Crypto ban should have a good impact on the crypto market, but I never think HongKong having a huge interest on crypto, especially compared to Mainland China or even South East Asia, so there should some impact, but it won't be significant.