Price Action
Over the past week, Pundi X saw its price go down by -7.93%. It is below its 20 day moving average by 3.24%, so it’s fairly close. Pundi X’s bullish momentum, determined by its distance from its 20 day moving average, is above average relative to our index of cryptocurrencies. Now when considering volatility, Pundi X is more prone to sizable price moves than 19% of coins in our index, so this coin might not move much — something traders and investors will certainly want to keep in mind. If volatility over the past three weeks is any indication of what’s to come, we can expect Pundi X to bounce between 0.0006287781 and $0.0007820919 US dollars per coin.
Where to trade Pundi x (symbol: NPXS): Gate, Yobit, Binance, DDEX
Volume Update
Over the past week, Pundi X saw its daily volume range between 690,895,706 and 3,860,253,080 units of its own currency. Looking back over past 21 days, the trend in volume does not have a clear direction, while the price trend is clearly down. Over the past week, Pundi X saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 0.95%. Its trading turnover percentage is higher than about 30.93% of the coins we’re tracking, so it’s below average, and so there may be some risk that traders/investors have difficulty in getting in and out of positions.
Engagement Update
Pundi X saw the number of wallets holding its coin go from 58,459 to 58,680 over the past week — a change of 0.38%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 975,161 to 979,684, which translates to growth of 0.46% for the week. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of Pundi X is thus at 0.84% which, relatively speaking, is ahead of 61.76% of the cryptocurrencies we’re tracking. One interpretation of this may be that the coin’s engagement is growing at an above average rate.
Technology Development Status
At the moment, Pundi X has 3 repositories open to the public on GitHub, with the oldest one now being 1.54 years young. Its last public update to any of its repositories was more than a week ago which is potentially concerning; more than a week without an update may suggest development is too slow. Pundi X’s repos that are visible to the public collectively have 2 watchers — it bests only 2 % of the 100 similar coins in our index. The coin has 0 issues reported across its public repositories. Its number of watchers, when viewed against its open issues count, doesn’t seem like something to worry about. To put the situation in context, Pundi X has a better issue/watcher ratio on its GitHub than 94% of similar coins we’re tracking.
Pundi X News and Commentary
We found one link over the past week about Pundi X that we thought was especially worth sharing. Where available, we included a snippet of the article that we thought might be interesting.
Pundi X Classic Airdrop Campaign! – Pundi X Classic
Where to Buy
You can trade Pundi x, listed under the symbol NPXS, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
