Ninjastic
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Board Speculation (Altcoins)
Re: Is it possible that NPXS will reach 1$?
by
mdzahed134
on 17/02/2021, 18:06:37 UTC
Quote from: Natalim on Today at 07:53:21 AM
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Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution.
as for today,the price of pundi x is $0.0009854,
i think it's very possible NPXS will reach $1, but i think it might take time, at the end of 2021 or maybe 2022.

It's not possible, try to do some simple math. NPXS's total supply is 258billion token, while current circulating supply is 235billion token. If you say it will hit $1, so there will be 235billion dollar as marketcap, while you see total marketcap for ETH is $200billion for now. Do you think NPXS will beat ETH for number 2 altcoin?
Right, very simple calculation. PUNDI X circulating supply is 258 billion in that point 1$ will never possible also i think. Team's need to reduce circulating supply although they burned billions of tokens in the several times but price didn’t boost in this strategy. I hold some NPXS token for long term but when i didn’t see any price movement rather it is going down hardly day by day then i swap NPXS to FX(2nd project of PUNDI X).

I don't understand why you thought it's not possible for PundiX to reach $1.

It's supply though is high is not a problem if people are really using it and there will be huge demand.
Some high supply coin has reach even $4, I'm referring to xrp and with 45 billion circulating supply.
Are you comparing NPXS with XRP? Ripple is top 10 ranking coin in cmc from last a few years if i'm not mistaken but it’s true if crypto is highly volatile so here anything can happened. Pundi X promising there are no doubt and they have a lot of real products those are using in real cases but i haven't seen any big increase for long time if today increased 25% Roll Eyes so it’s really difficult to expect 1$.