Blockchain startups, crypto marketplace, cryptocurrency terminals… Aren’t these words familiar to you? Generally speaking, Pundi X concept revolves around them but is not limited to them. The article below is devoted to analyses of perspectives of NPXS coin. Let’s start!
What is Pundi X?
Pundi X is a project intended for making cryptos approachable to everyone. Its network includes hundreds of smart crypto terminals called Pundi X POS. The project has been created by Wokoworks team, which has wide experience in developing online wallets.
The idea of the project is that buyers could pay with cryptocurrencies after connecting their wallets to the system. The system itself exchanges crypto to fiat and vice versa if necessary.
NPXS is a payment means inside the platform. Using it, users can pay for services provided by the company, such as selling cryptocurrencies and advertising products.
Due to users’ ballot the coin was awarded a free listing on Binance in June 2018.
Pundi X News
The main event of recent years was the presentation of a smartphone that operates outside the networks of mobile operators, the so-called “world’s first blockchain phone call” (it was presented on Medium website in early October, 2018). The Pundi team was one of the first companies, which transferred the blockchain to the area of telephony, data transfer and storage. They work far beyond financial transactions and money remittance. This versatility makes the project more resilient to market shocks and subsequent price fluctuations. The new smartphone uses blockchain technology for calls and data transfer. We think that it is even better than the rejection of a physical SIM card within eSim technology. The mobile device works on Android OS, so it is compatible with Android apps.
Every last day of the month folks who hold NPXS coins on their wallets automatically take part in airdrop. Do not withdraw funds from your wallet at the end of the month and the next day you will find bonus coins there.
XPOS and XPASS are planned to be used in 2019 as a means for charitable donations. XPhones might gain mass adoption until the end of 2019. In addition, we are waiting for the launch of the Function X testnet.
August 2019, the company enabled crypto payments in Venezuelan Traki stores (a network of small wholesale merchants). Residents of this South American country can now use various cryptocurrencies (including Bitcoin, ETH, BNB, DAI, XEM, KCS, KNC, and NPXS) to pay for the retailer’s products.
Pundi X Price Forecast 2022-2023
Let’s analyze factors that might affect the price of NPXS.
Positive factors:
- A puissant supportive community, which facilitated free listing of the coin on Binance.
- According to info on the official website, Pundi X has concluded partnerships with Stellar, NEM, Qtum, and other humongous companies.
- Token holders will be able to benefit each month for a three-year period during the distribution of tokens using Proof of Stake.
Negative factors:
- Pundi X is primarily intended to be a means of payment (for infrastructural purposes), and this doesn’t mean that its price will rise materially.
- The project has a lot of competitors.
- Pundi X is based on not only decentralized solutions but also centralized ones, e.g. management of customer base.
We believe that this altcoin has good perspectives. Pundi X has an original idea and brings exceptional innovations in the world of crypto. But its competitors is also developing. Remember Odyssey (OCN), this platform is also aimed at decentralized economy, convenient ecosystem, retail solutions, etc. However, Pundi team is vigorous, and they will succeed in achieving their targets. In addition, services provided by them, especially the blockchain smartphone, are in demand nowadays.
See our Pundi X (NPXS) price predictions 2019 in the table below.
Period | NPXS Price Forecast | |
Best Case Scenario | Worst Case Scenario | |
End of 2022 | $0.0005 | $0.0004 |
Early 2023 | $0.0009 | $0.0007 |
Mid 2023 | $0.0018 | $0.001 |
How much will Pundi cost in 2020? This question is controversial. But in the long run, the coin has more chances for growth than in the next quarter. This is due to future updates, which will dictate the success of the project. CIB’s team expects that the price growth dynamics in 2020 will be significantly higher than the current one, considering propitious conditions on the cryptocurrency market.
Disclaimer: This information shouldn’t be treated as an investment advice. Always make your own decisions and remember that investing in cryptos is always a risk.