It has started on Kucoin, currently pumping are VELO and VSYS, and I don't think large cap coins have flown yet,
for example CFX, VET and CKB have not experienced pumps either,
of course this is a good opportunity to buy Chinese altcoins before June 1st.
and how long will it run mate? I am now interested in buying at least some of my extra funds but willing to learn more on how long to hold and how much percentage to expect?
If the news is true, if Hong Kong lifts its ban on crypto within a few months from 1st June 2023, we can definitely see a bull market for the mentioned coins. Because a country's ban on cryptocurrencies will have a positive impact on the crypto market.I almost invest in VET, Filecoin coin.I know VET also has good fundamentals, which is why it's likely to get pumped. But these coins are not for long term investment, investing in cryptocurrency is risky business, so it will be better for short term.
but of course , not all of those coins mate and also expect changes and limit your expectation , chinese coins might grow high but surely some of those will reverse its movement.