Top 3 China Coins to Boost Investment Returns in June 2023

The Hong Kong SFC's announcement to allow trade in specific cryptocurrencies has triggered an uptick in crypto adoption among market participants. Amid this development traders also showed significant interest in Chinese-related crypto projects and are expected to witness a notable surge in the near future.

Timeline of Conflux-network, Filecoin, Neo

The NEO price analysis highlights a favorable buying momentum, with the current price reaching $10.88. Over the past few hours, the bulls have generally enjoyed a positive market environment, despite some selling pressure being present.

Tenet will collaborate with Conflux and Qtum, two blockchains with a strong presence in China, to strengthen the liquid staking industry's foothold in the country's marketplaces.

Mahe, Seychelles, May 24th, 2023, Chainwire Tenet, a layer-1 ecosystem for creating yield and utility for liquid staking derivatives (LSD), is expanding its presence on the Cmarket through two key partnerships with QTUM, a Proof of Stake network combining the benefits of Ethereum and Bitcoin, and Conflux, a layer-1 network operating on a hybrid Proof

NEO price has been on the rise since Monday with the bull trend gathering momentum by the day. The price has risen by over 12% in the last two days attracting the attention of crypto traders.

Conflux (CFX), the token powering Conflux's high throughput, Tree-Graph powered layer-1 blockchain, experienced a rollercoaster ride in a whirlwind of price fluctuations. Last week, it tumbled to a low of $0.20 per token, leaving observers on edge.

Filecoin price analysis indicates the behavior over the past 48 hours reveals an upward trajectory initially, followed by a notable shift further towards a bullish movement, leading to a substantial increase from its position at $4.408. On May 19, 2023, the price experienced a significant crash, resulting in a depreciation of $4.

Although the cryptocurrency market is full of assets of various shapes and sizes, with different utilities and investor appeal, not all of them present an equally good opportunity to invest at all times. In fact, some might be wise to outright avoid trading, at least for the time being.

Filecoin price analysis indicates the behavior over the past 48 hours reveals an upward trajectory initially, followed by a notable shift towards a bearish movement, leading to a substantial decline from its position at $4.63. On May 18, 2023, the price experienced a significant crash, resulting in a depreciation of $4.

Filecoin Foundation refuted the U.S. Securities and Exchange Commission's (SEC) assertion that its FIL token is a security, according to a statement shared with CryptoSlate. On May 17, Grayscale said the SEC asked it to withdraw its registration statement for its Filecoin Trust because the token meets the definition of a security.

Grayscale Investments, the largest digital currency asset manager by assets under management, made an announcement on May 17 regarding a comment received from the U.S. Securities and Exchange Commission (SEC). According to the SEC, the crypto asset filecoin qualifies as a security under federal securities laws.