October 9, 2019: Pundi X (NPXS): Down 0.96%; 2nd Consecutive Down Day

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Pundi X Price Update

Pundi X is down by approximately 0.96% from the previous day, with its price currently hovering around $0.000217 USD. Pundi X is currently in a down, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Pundi X is now 19.36% below its 20 day moving average. 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 $0.000207 and $0.000332. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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The currency’s market cap currently stands at $52 million US dollars.

Straight Off the Chain

1,160 transactions amongst holders of Pundi X occurred yesterday. Regarding a tally of holders, Yesterday saw Pundi X’s wallet count increase by 103. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Pundi X ranked 10 out of the 32 Ethereum tokens we’re tracking.

How are the Strong Holders of Pundi X Faring?

In terms of wealth concentration, the richest 1,000 wallets own 88.05% 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 12.1% 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 -0.17%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0.15%. 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 Active are the Software Developers?

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 12 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.

The Latest on Pundi X and Social Media

In the past day, Pundi X’s Twitter followers and Reddit subscribers went up by 40 and 1, respectively. Traders interested in following Pundi X has the biggest presence on Twitter, where it has 66,583 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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