It got listed on binance and was doing pretty good then, until now. Just trading below 10sats and seems to be sitting there. What do you think about it going long term?
NPXS has been around the corner for quite a while. At the start, it appeared a bit promising, experienced some good pumps, developed partnerships, and then it successfully got to the popular exchange Binance, had a good volume for a while, and then it ended there. That means the hype has already died down. If you are familiar with this similar pattern in other altcoins, this is a good sign of eventual death. Just like a good number of shitcoins.
Seems like this is common thing happened on the altcoin market especially new altcoin. Most the investor only intend to invest for short term investment which is mean if the token has been listed on the several exchanges then the most investor will take a decision to sell it. You can see on the several altcoins especially for the new coin who take an IEO as a fund collection place, most of them only have a high price when an IEO on the exchange take a place but if the coin has been listed the price will down drastically, this is happened to me when I tried to bought BTT and I just stuck to hold a bunch of it with a huge lost.