Popular ICO GXChain Faces Apparent Chinese Police Crackdown
The Chinese government has reportedly shut down a popular and well-funded crypto company called GXChain, which at its peak had a market cap of over $600 million USD.
News of this crackdown swiftly led GXChain’s price to plummet, and once more official news surrounding this crackdown is released it is highly probable that the crypto’s price will continue dropping lower and could ultimately face a liquidity crisis as buyers disappear.
GXChain Plummets Amidst Chinese Police Crackdown&nb
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