Price Action
In the week prior, the price for Pundi X went down by -29.07%. It is below its 20 day moving average by 27%, so it’s a bit of a ways off. Pundi X’s bullish momentum, if assessed by its distance from its 20 day moving average, is pretty far negative compared to the other coins we’re covering, and thus may be due for a correction upwards or some kind of a period of low volatility. Regarding volatility, Pundi X is more volatile than roughly 63% of coins in our index, so traders can expect a bit more volatility than usual. Looking ahead, if the upcoming week mirrors the volatility of three past three weeks, the price range for Pundi X in US dollars is expected to be between $0.0006420527 and $0.001030607.
Where to trade Pundi x (symbol: NPXS): Gate, Yobit, Binance, DDEX
Volume Update
In the span of the preceding 7 days, Pundi X’s daily volume, in terms of its own unit of currency, has fluctuated between 151,748,972 and 3,746,366,666. In the three weeks prior, both price and volume have been declining. Pundi X experienced a turnover rate of about 0.57% over the past week, which means that is the percent of its available money supply that is traded daily. Its turnover rate is more than approximately 27.45% of the cryptocurrencies in our index, 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
The number of wallets holding Pundi X went from 63,608 to 63,404 in the past week, marking a change of -0.32%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 1,157,641 to 1,166,079, which translates to growth of 0.73% for the week. This translates to a combined engagement growth rate of 0.41% for Pundi X — which is higher than 61.66% of the cryptocurrencies we’re reporting on. This could indicate that the coin’s engagement is growing at an above average rate.
Technology Development Status
Pundi X currently has 5 public repos on GitHub, with the oldest one clocking in at 1.76 years young. The last recorded update to its public repositories was within the past week which is not bad, as the coin is still being updated routinely. Pundi X’s public repos now have 3 which is very bad on a relative basis; it bests only 13 % of the 100 similar coins in our index. The coin has 0 total outstanding issues across all 5 of its public repositories on GitHub. Relative to the number of watchers it has, though, 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 88% 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. If available, we added an excerpt from the article to help give a taste of what it is about.
President Donald Trump completely validates Bitcoin
Where to Buy
You can trade Pundi x, listed under the symbol NPXS, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
