Quote from: coin_1122 on September 30, 2019, 05:35:04 AM

Quote from: fapar on September 30, 2019, 04:53:20 AM

Quote from: zahidmoon on September 28, 2019, 06:23:29 PM

Quote from: fapar on September 28, 2019, 02:23:23 PM

What kind of trade competition are you talking about? The daily trading volume is a little more than 5 BTC, it is very small for such a well-known token. Supply exceeds demand ~10 times. Moreover, the two minimum sell orders overlap all buy orders in total.

supply exceeds demand that's why the price is too much down. and i believe that some whales are garbing pundi x tokens and filling their bags at cheap price. but buy orders are not much looks like there is not much traders wants to buy pundi x. this is worrying me

It's very strange because Binance even announced a campaign to trade NPXS https://www.binance.com/en/support/articles/360034480671. I see that the trading volumes are now in a pair of NPXS/USDT (~5M USDT). But the price and there this morning dropped by 10%.
Now it is clear why the volumes left the NPXS/BTC pair https://www.binance.com/en/support/articles/360034580431. Apparently was inside.

Not only Pundix there are some other coins are being delisted the pairs which are being traded in fiat currency. Maybe they are willing to generate more volumes with fiat currency instead of BTC because the value of NPXS is kept decreasing when the price of Bitcoin increasing/decreasing.

This actually makes less sense, when trading against USD implicates possible tax reporting, when many countries right now aren't taxing crypto -> crypto trades.