Pundi X is clearly winning hearts at the moment. For starters, the project has plans for introducing its own payment wallet ecosystems — XPOS, XPASS, and XWallet — that would ease down the burden on the payment companies, retailers, and governments as it will lead to fast-paced growth. The community has plans for modernizing the payment infrastructure and stabilizing the payment ecosystem in the midst of hyperinflation.
As a marketer, investor, or an enthusiast, if you are finding NPXS to be drenching with investment opportunities, you should know that there are a plethora of entities that will determine how it will perform in the coming years.
At ChangeNOW, we aim at providing up-to-date insights on the market happenings and the crypto space. Therefore, you must look into our Pundi X coin review to get the necessary information.
What is NPXS?
Pundi X NPXS is a project initiated to make spending cryptocurrency as simple as a credit card. Can you imagine how simple it would get for the investors? The creators of the Pundi X coin hope that the token could be used on their Ethereum-based PoS (point of sale) devices. If you look at the big picture, this approach could give underdeveloped countries and regions the much-needed basic banking services.
If you are a crypto investor, then you know the significant pain of making a purchase. In simple terms, the ability to make a purchase is quite overwhelming. But Pundi X can change that by distributing thousands of PoS devices to retailers so that payments can be made in the form of NPXS.
According to market experts and industry players, if Pundi X can distribute the point of sale devices for free with lesser transaction fees than the mobile payment and card solutions provider, it can change the whole picture of how people make transactions.
Today, NPXS has become the biggest platform with decentralized management protocols that are designed for the offline sale of cryptocurrencies. It offers solutions for selling digital currencies in online and offline modes.
NPXS Price: What Does It Depend On?
NPXS price will depend on a lot of factors. In the present scenario, there are over 5000 terminals installed in retail stores that accept payments using QR codes. Company insiders say that more than 100,000 units will be installed by the end of the second quarter. Pundi X has collaborated with Traki, which is the biggest retail chain in Venezuela.
It is said that Pundi X won’t be entering the US anytime soon as it is busy targeting the Asian market, including some South American countries. So, the NPXS price will hugely depend on how these markets accept the token.
However, the token is already widespread on prominent cryptocurrency exchanges like ChangeNOW, Bithumb, Huobi, and Binance. These exchanges provide valuable liquidity for the token.
Nevertheless, since NPXS is a utility token, the coin is stagnating. This means that it has value only on its own platform. This is the most significant factor that could influence the NPXS coin price. On the other hand, since the developers have solely focused on markets like the UAE, Indonesia, and Singapore instead of operating on a global scale, this could influence the Pundi X price as well.
NPXS Price Prediction 2020
Pundi X first entered the market in 2018, and it as priced at only $0.001. In May 2018, two months after its launch, it was listed on Binance. At that time, NPXS price surged to $0.012. During that period, the market capitalization of Pundi X was $360 million. However, it was a short-term success for Pundi X as its price plummeted drastically to $0.001 in autumn 2018. In 2019, the token experienced a small growth as the coin grew to $0.007, with a market capitalization of $100 million.
In the present scenario, the coin is priced at $0.00012772, which is quite low. Experts believe that apart from the concept, NPXS is a bad investment option.
Here is what industry leaders have to say about Pundi X price prediction.
#1 Coin Checkup
According to Coin Checkup, NPXS can go through numerous scenarios in the coming months. They have come to a generalized conclusion that Pundi X might remain stable with its current price as 2020 ends. However, they have shown their optimistic side by predicting that the token has the potential to reach as high as $0.0012.
#2 Trading Beasts
Trading Beasts has shown its faith in Pundi X by predicting that NPXS coin price might go way higher than expected. The website predicts that the price might reach $0.002329 by the end of 2020. This is indeed an optimistic prediction and should give investors some hope.
#3 Crypto Info Base
Crypto Info base has predicted that if everything goes well, and the creators continue to promote the coin, Pundi X might reach $0.00018 as the year ends. They have also come up with a worst-case scenario where they have predicted that the price might dip to $0.0001.
#4 Crypto Ground
Crypto Ground is quite positive about Pundi X’s price. The website has predicted the token price to reach $0.0005 in the fourth quarter of 2020.
#5 Wallet Investor
Wallet Investor believes that 2020 is not going to be a great year for Pundi X. The site has forecasted that the NPXS price might go down to as low as $0.00010. It is about six times lesser than the current NPXS price.
NPXS Long Term Price Prediction
Experts hope that Pundi X partnerships and adoptions will grow exponentially in the coming five years. It is believed that by 2025, the price of NPXS will increase to reach $0.00337.
Where to buy NPXS?
You can currently buy Pundi X tokens on the following cryptocurrency exchanges:
- BC Bitcoin
Buy NPXS token at ChangeNOW
- Go to ChangeNOW homepage
- Select a currency you need to exchange
- Type the amount you would like to deposit
- It will automatically calculate the amount of NPXS you will receive
- Click on the Exchange Now button
- Next, type the wallet address in the empty address box
There enough information in this post to help you understand the market scenario of Pundi X. We hope that you find this article informative.
Disclaimer: This article reflects its author’s opinion only and is not financial advice. We take no responsibility for the results of any trader’s decision or action.
To learn more about NPXS please visit the following PUNDI X post in our blog.