Despite the current market slumps, Chinese cryptocurrency practitioners still believe a bull market is in store because of the growing size of capital that is readying themselves to enter into the space. Thousands of token investments funds with hundreds of billions of RMB in combined capital are being set up right now. This is happening in the backdrop of increasingly unstable macro financial environment. Many in the Chinese cryptocurrency world think the combination of the two factors could lead to …

Despite Slump, Chinese Crypto Investors Believe "Thousands" New Token Funds Will Bring Another Bull Market appeared first on China Money Network.