August 14, 2019: Pundi X (NPXS): Down 6.59%; Unusual Moves In Holders Added And Transfers Added; Price Crosses 20 Day Average

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How Did Pundi X’s Price Fare Yesterday?

At the time of this writing, Pundi X has a price of $0.0005297 USD, which puts it down by approximately 6.59% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 3.48% below its 20 day moving average, and is currently in a down trend over the past 14 days. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Pundi X imply the currency may oscillate between $0.000474 and $0.000623, based on how price has behaved in the two weeks prior. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

Where to trade Pundi x (symbol: NPXS): Gate, Yobit, Binance, DDEX

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The currency’s market cap currently stands at $116 million US dollars.

Pundi X’s Surprises of the Day

Yesterday, the metrics holders added and transfers added saw a daily change well outside what is usually experienced. An exploration as to what caused this may be worthwhile.

Daily Engagement Metrics Update

Over the past 24 hours, 1,759 transfers have been added to the blockchain recording transactions amongst holders of Pundi X. As for the number of holders, yesterday saw the number of wallets holding Pundi X jump by 556. To provide context, we’d rank this token as 32 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

How are the Strong Holders of Pundi X Faring?

In terms of wealth concentration, the richest 1,000 wallets own 87.82% of the coin’s total money supply. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 8.73% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.38%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.11%. Pundi X’s smart contract owns approximately 0.02% of its own total money supply. This amount hasn’t changed over the past week.

How Much Development is Occurring?

Pundi X hasn’t had any activity on any of its GitHub repos since August 01, 2019 — 13 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Pundi X were completely flat over the past 30 days; in other words, there has been no development work reported on GitHub over the past month.

What’s Going on Social Media?

In the past day, Pundi X’s Twitter followers and Reddit subscribers went up by 39 and 6, respectively. Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.

Where to Buy

You can trade Pundi x, listed under the symbol NPXS, through the following exchanges: Gate, Yobit, Binance, DDEX.

Article by SixJupiter

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