Will Pundi X recover after recent token swap?

[dhemasm]

I think yes, The price will same when swap happened and maybe rise a little bit same with previous ratio swap. Pundi is backed by some big partnership and they are actively developing their platform even it's little bit slow, Beside that Alt season is coming! Well i'm really sure Pundi is going to rise again, Let's wait and see!

[Golftech]

I think yes, The price will same when swap happened and maybe rise a little bit same with previous ratio swap. Pundi is backed by some big partnership and they are actively developing their platform even it's little bit slow, Beside that Alt season is coming! Well i'm really sure Pundi is going to rise again, Let's wait and see!

There's only slight adjustment with the current market price of this old PundiX coin seems that

it's not being affected by the said swap. Looking from what the market is moving still good and

with the buyback it's also a good chance for the holders to sell their old tokens to the developers.

Still positive after the team show back.

[danherbias07]

The market doesn't react that quickly after a swap.
There are instances that it will be dumped while other investors are thinking it could make them some profits, so they sell before the event happens.
Now, all they have to do is buy back.
Let's not be impatient here. That project had been running for a long time with a product unlike others with invisible results.  

[onecall123]

I heard the token swap so I have decided to buy a bag of NPXS last week. NPXS still an underdog Token, upcoming swap into Pundi X definitely boost it price. No matter it will take a couple months of recovering however see bullish in the long haul. I see no excuse here.

[billy.ryoko]

I have found the Binance now is suspend the token deposit and withdrawal, that mean the token is swap processing now?

[Strongkored]

I have found the Binance now is suspend the token deposit and withdrawal, that mean the token is swap processing now?

Read this https://www.binance.com/en/support/announcement/8bdcb060635b491d912247fb00603d4d all the information there
trading will reopen on April 9 with the pairs PUNDIX/ETH and PUNDIX/USDT

the current price drop is not that deep, even for the initial holders they already have a pretty good ROI

[maxreish]

Could the reason for the price drop have anything to do with the token swap?

Nope, it is because traders sell off their PUNDI X, continued to drop its price and they panic sell again causing the coin's price dump. Token swap doesnt do anything about it. But just like other altcoins, it will still goes up. Depends how strategy will they gonna use. If they advertise it again, do some partnerships, or do some project improvements.

[Bttzed03]

As to the question whether the price drop was related to the swap, I guess so. Everything about NPXS and PundiX is about the swap. As of now, we can speculate that some whales have set up their sell walls to accumulate before exchanges like Binance are done with the automatic conversion. We'll see how the market reacts once trading opens.

I've been following the developments on Binance the past few days and I can tell you that some people were forced to sell their NPXS because there's still no announcement if the exchange will support it while the redomination date was getting closer. They chose to sell rather than pay huge withdrawal fees. When Binance finally announced it, NPXS pumped again.

[ipanks]

Hopefully, after the swap process in Binance finish can lift the price to the high price, I guess that can happen as I see that many whales gather on Binance to make a big profit from each coin. Before the swap process, NPXS already increase and I guess that is because trader wants to get benefits from the swap so they were buying NPXS to get more PUNDIX.

[carlisle1]

I heard the token swap so I have decided to buy a bag of NPXS last week. NPXS still an underdog Token, upcoming swap into Pundi X definitely boost it price. No matter it will take a couple months of recovering however see bullish in the long haul. I see no excuse here.

It's your call as you believe that the team still on the right track, it's hard to predict or determine whether there's a quick  impacts.

But from what we are witnessing right now, there's a slight dumped that ongoing, losing 7% still small and possible to bounce while the swap still
on the process.

There's a lots of opinions about this matter, it's up to investors understanding to support or stay away.

[yua_na]

Could the reason for the price drop have anything to do with the token swap?

My feeling NPSX will do like aave which doing denomination from ethlend to aave. If pundix successfully doing it. Pundix it self is legit project from 2017. Denomination could impact marketcap to good sight if the project really good. But remember it could kill the project too.

[xZork]

PundiX buy back estimated at $15 per token and the upcoming burn to further reduce the supply are good reasons for speculators to buy in. You can also add DeFi features.

Are you nuts, once trading starts on Binance, it will boom up with a bang

Is there any credible announcement that they will be listed on the Binance exchange?

NPXS is traded on Binance and the exchange will be supporting the redomination. PundiX spot trading on the platform will open on April 9 if I understand their memo correctly.

If this is true it is good news for holders of this coin, almost every coin listed on binance is bullish.
The development team is doing their job very well, I appreciate this very much.