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Author Topic: [NPXS] pundi x moon or doom ?  (Read 1654 times)
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February 08, 2021, 06:59:15 PM
 #161

NPXS was one of the investments I had in my portfolio back during the previous bull run and it did give me more than 20x of my investment during that time. But now, it doesn't really look like a worthy buyback because the price had been falling consistently without showing any signs of recovery which makes me believe it's a "dead" project even after its devs trying to keep it alive. Hats off to them who are still holding it and I hope they see a huge buy in these days when people are taking big interest in newer projects and buying those in big quantities to become a part of the pumps going on.

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February 08, 2021, 07:14:35 PM
 #162

I am very cautious when getting into most of these 2017/2018 project, the team seems to be trying to gather community support recently and the price has been decent in respect to DEFI projects in the space, but they have all these years to proof they can deliver on their project and gain adoption but that hasn't been the case so far.

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February 09, 2021, 03:23:47 PM
 #163

Of course, I will not buy NPXS, since I have been holding it for almost three years. I thought it was a regular pump and dump, but perhaps the growth is due to expectations.
Q4 2020 progress report:
1. Staking of NPXS and FX
Although the schedule is uncertain yet, there will be prestaking and staking of NPXS and FX in the mainnet.
2. We are fully aware of the importance of De-Fi and we are building it with caution. We want to build a sustainable product so that the NPXS and FX token holders can truly benefit from this. It is not launch ready yet, but the framework of our synthetic asset platform is built and we expect to launch it soon. Naturally, with a blockchain and the entrance to De-Fi, we will need to have a decentralized Exchange.

https://medium.com/pundix/q4-2020-progress-report-efd2b0e74e4d

This is probably the reason for the growth, but I could be wrong.
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March 21, 2021, 06:41:46 AM
 #164

After confirming that NPXS will be staked and have token reduction the price rose 130% in 2 days.

https://cointelegraph.com/news/pundix-npxs-surges-130-in-two-days-what-s-driving-the-rally

https://pundix.com/

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March 21, 2021, 02:01:52 PM
 #165

After confirming that NPXS will be staked and have token reduction the price rose 130% in 2 days.

https://cointelegraph.com/news/pundix-npxs-surges-130-in-two-days-what-s-driving-the-rally

https://pundix.com/


Slowly they are getting back on a comfortable stop in CMC, rank at number 59 now and it looks like they will not waste this opportunity to get back in the game again. Supposedly the supply reduction should not affect much the price, but the hype is here so it's happening.



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March 21, 2021, 02:33:50 PM
 #166

After confirming that NPXS will be staked and have token reduction the price rose 130% in 2 days.

https://cointelegraph.com/news/pundix-npxs-surges-130-in-two-days-what-s-driving-the-rally

https://pundix.com/


Slowly they are getting back on a comfortable stop in CMC, rank at number 59 now and it looks like they will not waste this opportunity to get back in the game again. Supposedly the supply reduction should not affect much the price, but the hype is here so it's happening.

That's normal in the crypto space when there is a bull run, look.. when PundiX was dumping, the sentiment was obvious bearish and now that it's pumping, the FOMO is again here. If you have not invested in this coin you'll be able to give your honest opinion as you can't be bias.
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March 21, 2021, 02:56:32 PM
 #167

After confirming that NPXS will be staked and have token reduction the price rose 130% in 2 days.

https://cointelegraph.com/news/pundix-npxs-surges-130-in-two-days-what-s-driving-the-rally

https://pundix.com/

I was really surprised to see PundiX back to life, especially with a dying High Street and sky-rocketing E-commerce.

It seems that people are biting again to every altcoin these days. I will pass to re-enter in PundiX.


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March 21, 2021, 04:08:13 PM
 #168

After confirming that NPXS will be staked and have token reduction the price rose 130% in 2 days.

https://cointelegraph.com/news/pundix-npxs-surges-130-in-two-days-what-s-driving-the-rally

https://pundix.com/


Slowly they are getting back on a comfortable stop in CMC, rank at number 59 now and it looks like they will not waste this opportunity to get back in the game again. Supposedly the supply reduction should not affect much the price, but the hype is here so it's happening.

That's normal in the crypto space when there is a bull run, look.. when PundiX was dumping, the sentiment was obvious bearish and now that it's pumping, the FOMO is again here. If you have not invested in this coin you'll be able to give your honest opinion as you can't be bias.

It's shows that interest again are flowing since the team shows their updates, most of the time whenever there's update the
reactions are very positive.

Long time ago I was following this coin, But due to covid problem all my holdings was been sold, it's good to see that the project are now
moving up again.

I'll try to find some luck entering to this coin once more.

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March 22, 2021, 08:30:07 AM
 #169

After confirming that NPXS will be staked and have token reduction the price rose 130% in 2 days.

https://cointelegraph.com/news/pundix-npxs-surges-130-in-two-days-what-s-driving-the-rally

https://pundix.com/

I was really surprised to see PundiX back to life, especially with a dying High Street and sky-rocketing E-commerce.

It seems that people are biting again to every altcoin these days. I will pass to re-enter in PundiX.


Me too, i consider that the product that already made by PUNDI was a failed product. I doubt if the staking will make the price can sustain even longer and im feeling curious about how much APY that already offered by pundi.
This project is always reducing the total supply but it only gives a short-term impact.

IMO if a project that used staking to create FOMO can't sustain for the long term.

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March 22, 2021, 11:35:41 AM
 #170

After confirming that NPXS will be staked and have token reduction the price rose 130% in 2 days.

https://cointelegraph.com/news/pundix-npxs-surges-130-in-two-days-what-s-driving-the-rally

https://pundix.com/


Slowly they are getting back on a comfortable stop in CMC, rank at number 59 now and it looks like they will not waste this opportunity to get back in the game again. Supposedly the supply reduction should not affect much the price, but the hype is here so it's happening.

That's normal in the crypto space when there is a bull run, look.. when PundiX was dumping, the sentiment was obvious bearish and now that it's pumping, the FOMO is again here. If you have not invested in this coin you'll be able to give your honest opinion as you can't be bias.

It's shows that interest again are flowing since the team shows their updates, most of the time whenever there's update the
reactions are very positive.

Long time ago I was following this coin, But due to covid problem all my holdings was been sold, it's good to see that the project are now
moving up again.

I'll try to find some luck entering to this coin once more.


Hopefully people will realize that it's time to sell now, not to buy.

Pundix has increase 100% in the last 7 days per : https://coinmarketcap.com/currencies/pundi-x/markets/
That was so impressive but have we not thought that it might just be because of the hype? and once the hype is over, the price will dump again?



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March 22, 2021, 01:16:48 PM
 #171

Me too, i consider that the product that already made by PUNDI was a failed product. I doubt if the staking will make the price can sustain even longer and im feeling curious about how much APY that already offered by pundi.
This project is always reducing the total supply but it only gives a short-term impact.

IMO if a project that used staking to create FOMO can't sustain for the long term.

Indeed. I joined their signature campaign before and earned like 2300 PXS to 2.3 million NPXS after they add "000" in total supply and a change in ticker.
From $0.01 then back to 0.0001 in value.
Now they want to take it back and burn it.
It's kind of confusing already. But who knows, maybe this time it will work. They should really decide if they want more coins in their supply or not.  Grin

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March 22, 2021, 08:58:30 PM
 #172

It got some pump lately.
Hopefully people will realize that it's time to sell now, not to buy.

Pundix has increase 100% in the last 7 days per : https://coinmarketcap.com/currencies/pundi-x/markets/
That was so impressive but have we not thought that it might just be because of the hype? and once the hype is over, the price will dump again?
Any news what could be the caused of it? I can't find a reason for it to have some pumps lately. Is it about the burning?

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March 22, 2021, 09:03:46 PM
 #173

It got some pump lately.
Hopefully people will realize that it's time to sell now, not to buy.

Pundix has increase 100% in the last 7 days per : https://coinmarketcap.com/currencies/pundi-x/markets/
That was so impressive but have we not thought that it might just be because of the hype? and once the hype is over, the price will dump again?
Any news what could be the caused of it? I can't find a reason for it to have some pumps lately. Is it about the burning?

The only news I know is they reduce the supply by1000 times, and less supply means an increase of price, so that could be the reason why people are buying NPXS, aside from the bull run effect.

more details here ; https://www.investing.com/news/cryptocurrency-news/npxs-migrates-to-pundix-reduces-supply-to-10001-2451543

Quote
NPXS ticker name will be replaced as PUNDIX.
NPXS will reduce its token supply 1000:1 ratio.
Token redenomination will start on March 30, 2021.
However, users can swap their NPXS for PUNDIX in different ways.
Based on the community response Pundi X has chosen PUNDIX as the new token ticker. However, NPXS will reduce its token supply 1000:1 ratio. In addition, NPXS token reduction is to decrease the total supply and circulating supply of NPXS.

Moreover, Pundi X is a leading developer of blockchain-based devices with the goal of transforming retail firms with its blockchain-related point of sale solution.

NPXS Swapping to PUNDIX

The Pundi X’s token redenomination will start on March 30, 2021. However, users can swap 1,000 NPXS for 1 PUNDIX. More so, after token redenomination, there won’t be any change in the price of the new token.

According to CoinGecko, the NPXS price is 0.00487 with a 24-hour trading volume of $1.190 million, at the time of writing.

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March 22, 2021, 10:17:57 PM
 #174

It got some pump lately.
Hopefully people will realize that it's time to sell now, not to buy.

Pundix has increase 100% in the last 7 days per : https://coinmarketcap.com/currencies/pundi-x/markets/
That was so impressive but have we not thought that it might just be because of the hype? and once the hype is over, the price will dump again?
Any news what could be the caused of it? I can't find a reason for it to have some pumps lately. Is it about the burning?

The only news I know is they reduce the supply by1000 times, and less supply means an increase of price, so that could be the reason why people are buying NPXS, aside from the bull run effect.

more details here ; https://www.investing.com/news/cryptocurrency-news/npxs-migrates-to-pundix-reduces-supply-to-10001-2451543

Quote
NPXS ticker name will be replaced as PUNDIX.
NPXS will reduce its token supply 1000:1 ratio.
Token redenomination will start on March 30, 2021.
However, users can swap their NPXS for PUNDIX in different ways.
Based on the community response Pundi X has chosen PUNDIX as the new token ticker. However, NPXS will reduce its token supply 1000:1 ratio. In addition, NPXS token reduction is to decrease the total supply and circulating supply of NPXS.

Moreover, Pundi X is a leading developer of blockchain-based devices with the goal of transforming retail firms with its blockchain-related point of sale solution.

NPXS Swapping to PUNDIX

The Pundi X’s token redenomination will start on March 30, 2021. However, users can swap 1,000 NPXS for 1 PUNDIX. More so, after token redenomination, there won’t be any change in the price of the new token.

According to CoinGecko, the NPXS price is 0.00487 with a 24-hour trading volume of $1.190 million, at the time of writing.
Thanks mate. So that's really the part of burning which put them into a good pump today. I'm having a guess that there will be other coins that will have their sudden burning of tokens except BNB because it's already scheduled.
Pundi X was very known a few years ago and became lie low during the bear market and just took noticed of it again as it pumps.

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March 24, 2021, 10:30:24 PM
 #175

Thanks mate. So that's really the part of burning which put them into a good pump today.

There's no burning of coins, what will happen is a swap of coins. Burning is different, it will reduce the supply slowly but this one is a big swap from the current circulating supply of 236,379,908,115 that will be divided with 1000 and the new supply would be 236,379,908.115.

In short, from billions of supply, it's now back to millions.

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March 24, 2021, 11:21:40 PM
 #176

I am quite amazed by the performance of NPXS in 2021, even though I consider NPXS to be shitcoin. Because after reaching the ATH
price in 2018, then not long after the dump happened and the price of the NPXS never recovered. However, this year NPXS proved that
NPXS is still a project worth buying. Although this year the NPXS price has not been able to return to the ATH price of $ 0.015. But the increase is
very significant when compared to the NPXS price movements in 2019-2020. I haven't decided to buy NPXS right now, because I missed
the opportunity to buy NPXS when the price was still very cheap at $ 0.0004 in January.

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March 25, 2021, 08:31:14 PM
 #177

I am quite amazed by the performance of NPXS in 2021, even though I consider NPXS to be shitcoin. Because after reaching the ATH
price in 2018, then not long after the dump happened and the price of the NPXS never recovered. However, this year NPXS proved that
NPXS is still a project worth buying. Although this year the NPXS price has not been able to return to the ATH price of $ 0.015. But the increase is
very significant when compared to the NPXS price movements in 2019-2020. I haven't decided to buy NPXS right now, because I missed
the opportunity to buy NPXS when the price was still very cheap at $ 0.0004 in January.

Therefore, you did not buy because you thought that this shitcoin, in fact, in the past, the project proved itself very well, against the background of the entire market,
the entire cryptocurrency was falling. But even in the worst of times, daily volumes were $ 2 million.

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March 25, 2021, 09:55:59 PM
 #178

I am quite amazed by the performance of NPXS in 2021, even though I consider NPXS to be shitcoin. Because after reaching the ATH
price in 2018, then not long after the dump happened and the price of the NPXS never recovered. However, this year NPXS proved that
NPXS is still a project worth buying. Although this year the NPXS price has not been able to return to the ATH price of $ 0.015. But the increase is
very significant when compared to the NPXS price movements in 2019-2020. I haven't decided to buy NPXS right now, because I missed
the opportunity to buy NPXS when the price was still very cheap at $ 0.0004 in January.

Therefore, you did not buy because you thought that this shitcoin, in fact, in the past, the project proved itself very well, against the background of the entire market,
the entire cryptocurrency was falling. But even in the worst of times, daily volumes were $ 2 million.

At some point, this coin's daily volume has also fall below $1 million AFAIR.

Yes, during the bear market, I've seen a lot of criticism about this project, people are saying its a shitcoin but the bull run save this project and that pump suddenly make people forget about their view about this project in the past. What we need now is consistency, not because the price has pump, we will trust it, but because we understand what the devs are doing and we believe on it.

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March 25, 2021, 10:52:57 PM
 #179

looks like it is. what do people say, that this year 2021 is similar to 2017, the evidence has been seen a lot, from the increase in new all time high by BTT, and some low satoshi coins, and now NPXS is reportedly going to change to PundiX and of course the supply is reduced, this is good news and I recommend investing in PundiX because in the bullrun this time the low satoshi will be successful.

Reducing the supply does not mean the price will rise, and whatever you are holding now if you are going to swap, your holding will reduce and you don't know what would be the price of the new token. The fundamentals is more important than any other thing.

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March 25, 2021, 11:37:26 PM
 #180

looks like it is. what do people say, that this year 2021 is similar to 2017, the evidence has been seen a lot, from the increase in new all time high by BTT, and some low satoshi coins, and now NPXS is reportedly going to change to PundiX and of course the supply is reduced, this is good news and I recommend investing in PundiX because in the bullrun this time the low satoshi will be successful.

Reducing the supply does not mean the price will rise, and whatever you are holding now if you are going to swap, your holding will reduce and you don't know what would be the price of the new token. The fundamentals is more important than any other thing.
I was actually surprised when i do saw some post about NPXS pumping its price where i do already treat up this coin to be already a shit or dead and luckily this had been pumped.
I have sold out immediately on this current price point.Better to secure up things rather than on missing out again the opportunity to make profits.
Dont know whats the reason but this one is a good event for those who had been holding for too long or wasnt even expecting for this to happen..

Jumping from $0.002+ to $0.0085 atm then this is the sweetest spot for you to secure.Dont ask for more because dumping will surely comes next.
It might have $1,661,149,087.22 trading volume which is really massive in 24 hours time and lets observe on how things
will go.

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