Quote from: phantailaptopbl on Today at 12:43:03 AM

Quote from: Xal0lex on June 06, 2023, 05:28:11 PM

Quote from: GelatikKembar on June 04, 2023, 04:33:41 AM

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.

We should not look at the pedigree of the project, but at its tokenomics. Just because a project is Chinese does not mean that it is now obliged to grow when any restrictions are lifted. Look at the investment, the circulating supply, the exchanges and liquidity of that coin, and the overall timeline. Then it will become clear whether this coin will grow or not. If the founders are Chinese, growth won't just happen, the industry doesn't work that way.

The china legal a bitcoin from the new to crypto currency its good starting 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 and the exchanges and liquidity of that coin , and the overall time line.

Maybe we will see the effect of the good news that China allows crypto-currencies next year,
because next year 2024 is likely to start bullish,
usually before the halving of the price of cryptocurrencies reacts positively so that's where my prediction for 2024 will be very positive.

Dollar_Hunter

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