The Popularity of Chinese Coins: Why?

Why Are Chinese Coins So Popular?

Over the last week, Filecoin, VET, NEO, Conflux, and other cryptocurrencies have seern double-digit gains.

Chinese Coins are gaining traction giving rise to the China narrative Coin 2023 on Twitter

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[{"selector":"#anim-044c5896-2679-495e-b1e5-f65a1c05a6f8 [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(-32.74910490725541%, 0, 0) translate(-25%, 0%) scale(1.5)","translate3d(0%, 0, 0) translate(0%, 0%) scale(1)"]},"delay":0,"duration":2000,"fill":"forwards"}] As per the recent announcement, Hong Kong will make crypto trading completely legal for al residents on June 1st, 2023. Arrow

This has fueled bullish sentiment in the crypto market.

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Many crypto experts even believe that these coins have the potential to generate 10x returns in future.

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[{"selector":"#anim-2eea8a46-84c4-4181-8274-547fc72f1e4a [data-leaf-element=\"true\"]","keyframes":{"transform":["translate3d(31.249999886225726%, 0, 0)","translate3d(0%, 0, 0)"]},"delay":0,"duration":2000,"easing":"cubic-bezier(.3,0,.55,1)","fill":"both"}] As per the previous report, on Friday, the People's Bank of China (PBoC) injected $92bn USD into the market. Arrow

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