October 10, 2019: Pundi X (NPXS): Down 0.88%

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Pundi X: What’s the Latest Regarding its Price?

Pundi X’s current price, at the time of this writing, is $0.0002243 USD, down by approximately 0.88% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 14.71% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.000201 and $0.000325. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.

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As for Pundi X’s market cap, it is currently at about $53M US dollars.

Update on Transactions and Holders

Over the past 24 hours, 1,050 transfers have been added to the blockchain recording transactions amongst holders of Pundi X. Regarding a tally of holders, Yesterday saw Pundi X’s wallet count increase by 103. To provide context, we’d rank this token as 10 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Observing Pundi X’s Richest Wallets

In terms of wealth concentration, the richest 1,000 wallets own 88.08% 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 11.85% of the currency’s total money supply. In terms of growth rates, the share of total supply of the richest 1,000 wallets has grown by -0.11% over the past week. For the exchange wallets within the richest 1,000 wallets, their share has grown by -0.18%. 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.

How Much Development is Occurring?

In terms of how active the software development team working on Pundi X is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on September 27, 2019, or approximately 13 days before. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0 per day, while the number of followers watching Pundi X’s repositories is growing by 0.03.

What’s Going on Social Media?

Traders interested in following Pundi X has the biggest presence on Twitter, where it has 66,583 users engaged. Use this link to follow Pundi X on Twitter.

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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