Re: Is it possible that NPXS will reach 1$?

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?

Yes im agree, but Pundi right now planning to reduct their token amountd supply to 1/1000. So i think the reason behind that plan is to increase the value of their piece of token, right?

Reference :

Quote

https://medium.com/pundix/request-for-comment-npxs-token-reduction-da4c8e618bee

You can read there if reduction token won't affect with NPXS price. Total supply would be 258million token, but it also will change on people's token on their wallet, so if they have bought 1million token before, it will be only 1000 token after reduction done.