November 6, 2019: Pundi X (NPXS): Up 3.21%; Unusual Moves In Holders Added

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Pundi X Price Update

At the time of this writing, Pundi X has a price of $0.0001931 USD, which puts it up by approximately 3.21% from yesterday. The up day for Pundi X yesterday was a reversal from the day before it, which puts its price at 4.61% above its 20 day moving average. Over the past two weeks, price has been in an up trend. Pundi X’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.000174 and $0.000195. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.

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The market capitalization of Pundi X, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $44 million.

Unusual Developments

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

Straight Off the Chain

Over the past 24 hours, 565 transfers have been added to the blockchain recording transactions amongst holders of Pundi X. In terms of estimating the number of holders, over the past day the total number of wallets holding Pundi X has gone up by approximately 144. To provide context, we’d rank this token as 28 out of the 36 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 87.54% of the coin’s total money supply. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 10.71% of the currency’s money supply. Exchange ownership grew by 0.31% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.02% over that time period. As for the Pundi X’s smart contract itself, that owns 0.02% of the total money supply, an amount unchanged from the week prior.

Technical Development Status

Pundi X hasn’t had any activity on any of its GitHub repos since September 27, 2019 — 40 days prior. Over the past 30 days, we’ve seen open issues across Pundi X’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.

Pundi X’s Social Media Presence

Traders interested in following Pundi X has the biggest presence on Twitter, where it has 66,699 users engaged. You can follow Pundi X on Twitter here.

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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