As expected, especially if they still have no big development, but it's still good though as long as they are listed in big exchange as the hype is always there during the bull run. If the bull run is indeed over, we can wait for next time, but hopefully, this coin would still survive so it will have a bigger run in the next bull run. Most coins actually that have a good volume especially listed in Binance have a big chance of betting hype.
Pundi X has a chance of being a very big coin, but the team messed the chance up. Even a market pump or having some of its pairs still listed on Binance won't resurrect this coin. It will always continue to go on the downward path in the long run.
I was one of the early supporters. I am glad I abandoned ship before it sunk. I wonder how many coin swaps they are going to make in its entire lifetime.
The timing of the coin swap was made during the bull run so it could gain attention, but in fact, there's no serious development on the project yet, their plans have not come into reality yet so this would not be a huge one in the future unless they'll deliver.
Now that the bull run seemed to be over, we will be back to a lower price but since they reduce the supply through a swap, it will not be as low as the price before.