Price Action
Over the past week, Pundi X saw its price go up by 2.62%. It is below its 20 day moving average by 7.36%, so it’s somewhat away. Pundi X’s bullish momentum, determined by its distance from its 20 day moving average, is among the worst compared to other cryptocurrencies, and thus may indicate the coin has swung too far and too fast — and may thus be due for consolidation or a bullish correction. In terms of volatility, Pundi X exhibits greater price volatility than approximately 74% of coins in our index, so traders can expect a bit more volatility than usual. Based on volatility over the past three weeks, we can expect Pundi X to experience a price range in US dollars between 0.0007073465 and $0.001069734.
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 236,463,487 and 3,630,622,862 units of its own currency. Looking back over past 21 days, both price and volume have been declining. The past 7 days saw Pundi X’s trading turnover — meaning the percentage of its available supply that was traded — come in at 0.62%. Its turnover rate is more than approximately 25.51% 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
Pundi X saw the number of wallets holding its coin go from 63,496 to 63,457 over the past week — a change of -0.06%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 1,130,182 to 1,138,536, which translates to growth of 0.74% for the week. Pundi X’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 0.68% which puts it ahead of 26.47% of the coins in our index. This could indicate that its change in engagement is below average, at least on a percentage basis.
Technology Development Status
Pundi X currently has 4 public repositories on GitHub, with the oldest one now 1.68 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 public repositories collectively have a total of 3 watchers, which is very bad on a relative basis; it bests only 19 % of the 100 similar coins in our index. The coin has 0 issues reported across its public repositories. 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 86% of similar coins we’re tracking.
Pundi X News and Commentary
Over the past week, we found one link about Pundi X that we thought was particularly interesting. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.
Pundi X welcomes KuCoin and its native token KCS into the Payment
Where to Buy
You can trade Pundi x, listed under the symbol NPXS, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
