Many investors who have joined the cryptocurrency market in the past few years have not witnessed any Chinese rally as Chinese whales opt to sell from late 2020 to 2022. In this article, let’s answer why the next rally may originate from China, and which Chinese coin we can watch from the Binance list if it happens.
The next bull lead could be 21 Chinese coins listed on Binance
Sjuul, founder and CEO of AltCryptoTalk, has released the full list of “Binance-listed Chinese projects.” The rankings were organized by Layer.gg, with partnerships such as BNB Chain and Google Cloud at the top of the list. According to Sjuul’s list, Binance listed 21 Chinese coins that are expected to rally in the coming periods as follows:
- BNB Chain (BSC)
- Avalanche (AVAX)
- ESO (ESO)
- neo (NEO)
- Phoenixcoin (PXC)
- Audius (AUDIO)
- Qtum (QTUM) Tron (TRX)
- Ontology (ONT)
- Vechain (VET)
- ARPA Chain (ARPA)
- Nervos Network (CKB)
- Algorand (ALGO)
- QuarkChain (QKC)
- BitTorrent Token (BTT)
- Oasis Network (ROSE)
- SingularityNET (AGIX)
- aelf (ELF)
- Theta Network (THETA)
Partnerships expanding altcoin projects to Asian market
Ranked second after BSC, Avalanche announced its partnership with Alibaba Cloud last year. In addition, NEO ranked fourth as the provider of the BSN China NFT framework. Fifth place was Phoenix in collaboration with Wechat. Accordingly, Audius has partnered with Tik Toc and Qtum as well as Qihoo360.
According to the shared image, Conflux, led by Ming Wu, is listed as a partner with XiaohongShu as well as investment from the Shanghai local government. It was also emphasized that Tron has partnered with the National Development and Reform Commission and is on the list.
The top tenth place was won by Ontology in partnership with Zaico. Meanwhile, Vechain joined the China Alliance for Animal Health and Food Safety and ranked eleventh through a major partnership with Walmart China. In addition, Barley, Nervos Network, Algorand, EOS and Oasis Network were also listed. QuarkChain is also listed on the Binance board in partnership with the Provincial Government of China.
Finally, BitTorrent, SingularityNET, aelf and Theta were listed in cooperation with Huawei, Ping-on, Huawei Cloud and Tencent Games, respectively.
Why a rally from China is expected
Andrew Kang of Twitter recently tweeted that raised this question. He stressed that many people have entered the cryptocurrency realm over the past few years and have not witnessed the true power of a Chinese pump. The analyst also noted that Chinese whales were mostly net sellers from late 2020 to 2022.
In recent weeks, Neo, Conflux, Filecoin, VeChain etc. There has been a noticeable rally in many altcoins, including China-linked cryptos. Some even suggest that the rally was mainly due to whales from China and Hong Kong. cryptocoin.com As a result, we mentioned why the latest crypto rally is linked to the monetary policy of the Chinese government.
Contact us to be instantly informed about the last minute developments. twitter‘in, Facebookin and InstagramFollow and Telegram And YouTube join our channel!
Risk Disclosure: The articles and articles on Kriptokoin.com do not constitute investment advice. Bitcoin and cryptocurrencies are high-risk assets, and you should do your due diligence and do your own research before investing in these currencies. You can lose some or all of your money by investing in Bitcoin and cryptocurrencies. Remember that your transfers and transactions are at your own risk and any losses that may occur are your responsibility. Cryptokoin.com does not recommend buying or selling any cryptocurrencies or digital assets, nor is Kriptokoin.com an investment advisor. For this reason, Kriptokoin.com and the authors of the articles on the site cannot be held responsible for your investment decisions. Readers should do their own research before taking any action regarding the company, assets or services in this article.
Disclaimer: Advertisements on Kriptokoin.com are carried out through third-party advertising channels. In addition, Kriptokoin.com also includes sponsored articles and press releases on its site. For this reason, advertising links directed from Kriptokoin.com are on the site completely independent of Kriptokoin.com’s approval, and visits and pop-ups directed by advertising links are the responsibility of the user. The advertisements on Kriptokoin.com and the pages directed by the links in the sponsored articles do not bind Kriptokoin.com in any way.
Warning: Citing the news content of Kriptokoin.com and quoting by giving a link is subject to the permission of Kriptokoin.com. No content on the site can be copied, reproduced or published on any platform without permission. Legal action will be taken against those who use the code, design, text, graphics and all other content of Kriptokoin.com in violation of intellectual property law and relevant legislation.