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Every country produces its share of underperforming altcoins. They’re called shitcoins for a reason. But China has a track record for creating altcoins that are shittier than most. The country has spawned a slew of talented developers, and has made a huge contribution to cryptocurrency adoption and innovation as a whole. But when it comes […]
The post Chinese Altcoins Can’t Stop Failing appeared first on Bitcoin News.
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Even though Chinese regulators and banks are not exactly in favor of cryptocurrencies, they do see merit in blockchain technology. As such, there are quite a few blockchain-based projects which aim to tackle this industry. Red Pulse and the associated Red Pulse Token are making an impact in this regard. Their next-generation intelligence and content ecosystem for Chinese markets will certainly attract a lot of attention moving forward. What is the Red Pulse Project? China’s economy is the second largest in the world. However, it is a difficult market to make sense of from a financial perspective. That in turn creates opportunities forPowered by WPeMatico