Post
Topic
Board Altcoin Discussion
Re: NPXS (Pundi X)
by
makishart
on 23/06/2018, 22:33:09 UTC
Hey,

What are people's thoughts on NPXS? It was recently announced that it would be added to Binance. The price has been dropping recently?

Why would the annoncement of an addition to Binance make a token's price drop? Could it be sell-off by strong investors to buy back in at a lower price?

Thanks,
Andy
The good news about the coin can't beat the bad trend of the cryptocurrency. You can see that how the daily trade volume of the major exchange site has been decreasing a lot from q1 - q2 2018. This can be considered as another impact to the exchange site too. Less volume and less demand.