Price Action
Since last week, Pundi X’s price went up by 2.23%. It is above its 20 day moving average by 1.36%, so it’s fairly close. Pundi X’s bullish momentum, based on its distance from its 20 day moving average, is roughly middle-of-the-pack relative to the cryptos we’re tracking. Now when considering volatility, Pundi X is more prone to sizable price moves than 38% of coins in our index, so it’s notably less volatile than the other cryptocurrencies we’re monitoring. Based on volatility over the past three weeks, we can expect Pundi X to experience a price range in US dollars between 0.000755319 and $0.000939461.
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 123,346,265 and 4,939,123,772 units of its own currency. Over the past three weeks, the trend in volume,like the trend in price, is choppy and does not reveal a clear direction. Over the past week, Pundi X saw its trading turnover — which we define as average daily trading volume divided by circulating supply — register at 0.83%. Its trading turnover percentage is higher than about 37% 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
The number of wallets holding Pundi X went from 63,390 to 63,860 in the past week, marking a change of 0.74%. In terms of blockchain-recorded transactions made by these wallets since their inception, that number changed from 1,137,514 to 1,146,587, which translates to growth of 0.80% for the week. The combined engagement growth rate (growth rate in holders plus growth rate in transfers) of Pundi X is thus at 1.54% which, relatively speaking, is ahead of 48.48% of the cryptocurrencies we’re tracking. This growth rate suggests the coin’s weekly growth in engagement is fairly mediocre.
Technology Development Status
Pundi X currently has 4 public repos on GitHub, with the oldest one clocking in at 1.7 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 repos now have 3 which is very bad on a relative basis; it bests only 11 % of the 100 similar coins in our index. The coin has 0 issues reported across its public repositories. In comparison 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 92% of similar coins we’re tracking.
Pundi X News and Commentary
The top 2 themes being discussed about Pundi X in the past week are listed below. If available, we added an excerpt from the article to help give a taste of what it is about.
Welcome XEM on Pundi X payment platform – Pundi X
NPXSXEM will be on Binance Chain – Pundi X
Where to Buy
You can trade Pundi x, listed under the symbol NPXS, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
