Price Action
In the week prior, the price for Pundi X went down by -0.52%. It is below its 20 day moving average by 6.23%, so it’s slightly away. Pundi X’s bullish momentum, if assessed by 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 18% of coins in our index, so this coin might not move much — something traders and investors will certainly want to keep in mind. Based on volatility over the past three weeks, we can expect Pundi X to experience a price range in US dollars between 0.0006030204 and $0.0007306896.
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 1,093,295,774 and 3,982,499,116 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 1.1%. Its trading turnover percentage is higher than about 38.54% 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
Over the past week, Pundi X saw its holders go from 58,680 to 59,698, an increase of 1.73%. As for overall transactions, they increased from 979,684 to 1,014,119 — an increase of 3.51%. Pundi X’s combined growth rate — meaning the sum of its growth rate in holders and transactions — is 5.24% which puts it ahead of 65.62% of the coins in our index. This could indicate that the coin’s engagement is growing at an above average rate.
Technology Development Status
Pundi X currently has 4 public repositories on GitHub, with the oldest one now 1.57 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 2 % of the 100 similar coins in our index. The coin has 0 outstanding issues in the backlog awaiting to be addressed by the core development team. 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 97% of similar coins we’re tracking.
Pundi X News and Commentary
The top 3 themes being discussed about Pundi X in the past week are listed below. If possible we included a brief excerpt from the article — be sure to click through for the entire piece.
UAE TRA certification paves way for wider blockchain adoption in the UAE and Middle East
Introducing Open Platform — Custom Token Listing on the Pundi X payment e
Monthly Report: a recap of activities in Ap
Where to Buy
You can trade Pundi x, listed under the symbol NPXS, through the following exchanges: Gate, Yobit, Binance, DDEX.
Article by SixJupiter
