Pundi X Price Update
Pundi X’s current price, at the time of this writing, is $0.0002523 USD, up by approximately 4.82% from the day prior. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 23.11% below its 20 day moving average, and is currently in a down trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Pundi X suggest price may bounce between $0.000227 and $0.00043 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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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 $60 million.
Unusual Developments
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.
Update on Transactions and Holders
Yesterday saw 5,284 transfers 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 540. If we observe percentage growth in holders and transfers, we find that Pundi X ranks 10 out of the 32 Ethereum tokens we are tracking.
Observing Pundi X’s Richest Wallets
The top 1,000 Pundi X wallets hold over 88.24% of the token’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 12.07% of the currency’s total money supply. Exchange ownership grew by 3.34% over the past week, while the overall ownership percentage of the top 1,000 richest wallets grew by -0.14% over that time period. 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 Active are the Software Developers?
Pundi X hasn’t had any activity on any of its GitHub repos since September 27, 2019 — 4 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Pundi X are growing by 0 and 0.03, respectively, over the past 30 days.
The Latest on Pundi X and Social Media
If you are interested in following Pundi X on social media, Facebook, where it has 113,701 following it, may be a good place to start.
Where to Buy
You can trade Pundi x, listed under the symbol NPXS, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
