The Overview of Pundi X Ecosystem
Pundi X (New) is a complete end-to-end blockchain solution that connects multiple blockchain networks for the transaction of cryptocurrency beyond borders seamlessly. Pundi X platform allows cryptocurrencies to be used at retail Point of Sale (POS) with the help of a mobile app and contactless payment card. The XChange point of sale systems incorporated with Pundi X enables users to buy, sell, accept and spend digital coins at retail stores.
|Price Change 24H||-5.79%|
|Price Change 7D||-1.68%|
|Circulating Supply||258,491,637.23 PUNDIX|
|Pundi X ROI||No Data|
Trade Pundi X Now
Pundi X’s blockchain solution ecosystem was developed in September 2017 and co-founded by Zac Cheah and Pit Huang. The Pundi-Pundi app is the QR payment system of the Pundi platform. Compared to the traditional currencies payment gateway, it provides payment with the help of products such as XPOS, XWallet, and XPASS. Pundi X (New) is considered a world leader in the cryptocurrency transactional industry.
XPOS offers a transaction speed which is less than 0.5 seconds. The transaction can be done with BTC, ETH, or PUNDIX. XPASS is a tap card by which you can top up with digital currencies. XPASS can be paired with the XWALLET for ease of use. The website has an option for users who have XPOS to register their location details so that they can easily find them out. The Function X framework powers Pundi X (New). With the Pundi X blockchain launch, XPOS unveiled increased connectivity across cross-chain and multi-chain networks. Shortly, they are planning to enhance the Pundi X chain governance, and in the future, it will support web assembly smart contracts.
The coin symbol of the Pundi platform is called the PUNDIX token. It is the new token of the platform after token deduction; NPXS was the previous native utility token of the platform, which was the token reward for transactions using XWALLET. XPOS is built on an ERC-20 utility token called NPXS. This NPXS Token is for transactions within the ecosystem and registering an app within the XPOS app store, payment through XPOS, listing tokens in XPOS, implementing loyalty programs, and adding.
Now users can swap 1000 NPXS for one Pundi X token, which is known as the Pundi X (New). The swap commenced on March 30, 2021. XPOS device reward token for the transaction. Developers who want to submit an app to the Pundi X (New) platform can do that with the Pundi X token. PUNDIX contract will burn these tokens. Pundi Ecosystem has a communication layer, prepaid PUNDIX account, token pool, and settlement system, which runs on the Ethereum blockchain. All the transaction details will be stored on the PUNDIX blockchain. Other than XPOS XWALLET, Pundi X supports other DeFi apps also.
Trade Pundi X Now
Pundi X Partnerships
Pundi X is a unique business idea that changed the standard money concept of buying products. PUNDIX includes both hardware and software products. Pundi X is a valuable new addition to the blockchain industry and cryptocurrency market. Pundi X (New) has partnered with the world’s best brands and merchants to increase its service. PUNDIX has established its footprints in both the software and hardware market; it promotes and develops associations with both hardware partners in the retail industry and software partners in the virtual market.
American chamber of commerce Korea has supported Pundi X by introducing the system to its members. The partnership with Ebooc has provided methods to pay for government services using XPOS. NEM deal is decided to deploy 20000 XPOS running in NEM Blockchain. 1000 XPOS system is expected to deliver across Brazil with the partnership deals with BitCapital. Manticora Capital, a Colombian investment fund company, has distributed 1000 XPOS devices across the country’s retail shops.
Trade Pundi X Now
Significant associations include AMCHAM, Singapore FinTech Association, Fintech Indonesia, Blockchain Collaborative Consortium, and Fintech Association of Hong Kong. Some of the other vital partnerships are
Blockchain Partnership: NEM, Binance, Stellar, Achain, Genero Network, Aditus, GCOX, UTRUST, Aucoin, Verge, Wanchain, Rupiah Token, and many more are a part of this partnership.
Payments Partnership: E2Pay.co.id, UBIVELOX, m-Bayar for ease of payment service.
Distribution Partnership: DoshEX, BIT2BIG, BLOCKVIBE, BTC King, Arrosocial, Evolution Technology Group, EquiBytes, ZPAYae.
Compliance and Risk Management: Onfido, MERKLE SCIENCE, REFINITIV, and VerifyVASP.
Other Partners: Trust Wallet, Blockchain Centre, Digital Bits, Ibank, MEW, and Samsung Developers.
Pundi X Roadmap
Historical data shows that, soon after PUNDIX was established in 2017, the initial coin offering began and was completed by June 2018. By the time 20% total supply of coins was sold, the total amount raised was around $30.5 MM. By Sep 2018, it had started penetrating the crypto markets and sold 5000+ XPOS units. The POS system was implemented at the Ultra Taiwan music festival, with more than 30,000 plus attendees accepting crypto payments for taking tickets. More than 15% of ICO funds have been used for different activities of companies such as marketing, development, team building, etc.
In the 2018 initial quarter, they began taking XPOS pre-orders, production of XPOS started in 2018, and it had shipped more than 100000 XPOS to over 25 countries. The established Pundi X London office delivered 300000 XPOS cards across the globe. Later by the mid of 2018, Tokyo and South America offices were also established.
By the year-end of 2018, the company implemented a swap of NPXS. The goals of the year were completed by launching XWALLET for its users. In 2019, it started the Xblockchain summit in the chain in the second quarter, and it expanded to South America. It introduced XWALLET and XPASS for charity donation by partnering with a charitable organization. The launch of Function X network and mainnet was also completed by the year.
Trade Pundi X Now
Pundi X Technical Analysis
The short-term data and technical analysis of the Pundi X (New) coin show that the current price of Pundi X (New) is $0.4714, as of May 26, 2022 with a 24-hour trading volume of $17,254,558. It has a market cap of $121,844,875, and Pundi X has a circulating supply of 258,491,637.23.
The highest price of Pundi X was $7.14 on April 09, 2021, when the announcement of swapping NPXS to Pundi X (New) came into the market. Pundi X (New) price today is -93.39% lower than the all-time high. The all-time low was $0.3439 on May 12, 2022. Today’s maximum price is $0.5046, and the minimum USD price is $0.4661.
On the daily chart, on April 2021, Pundi X witnessed a continuous downfall and price drop. PUNDIX price has ranged between $0.287 to $2.199 for a long time. On-balance volume is trading upwards, indicating a buy PUNDIX sentiment in the market. But the rest of the indicators are not showing the same signal.
From the data, Pundi X, after a price increase, reached a price equal to $2.25 but failed to continue the momentum and started falling with decreased trading volume. The immediate support is placed at $0.349, and $0.30, any negative price change below this support zone can take Pundi X to test $0.2 and a major support zone of $0.1, respectively. Traders can sell Pundi X if it falls below $0.3. The immediate resistance level is forecasted at $0.548; breaking this can take the PUNDIX price to test $0.6720, then the major resistance level of $0.7715.
Trade Pundi X Now
Major technical indicators on the chart are giving negative sentiments. Relative Strength Index (RSI) is 35, which means a sell zone, and Pundi X is oversold. Whereas the MACD line is trading above the Signal line, showing slightly bullish momentum. The PUNDIX price can move in any direction; traders must wait for clear trend confirmation.
Pundi X is trading below 20 EMA, 50 EMA, and 200 EMA. Bears won the tug war of price change, indicating further downfall is possible in Pundi X. Market sentiments are mostly negative for both Pundi X (New). Traders can wait for the bearish momentum to end before an entry. Candles and indicators are not strong enough to create a sudden upward PUNDIX price action.
Trade Pundi X Now
Pundi X Price Prediction: Expert’s Opinion
As per Wallet Investor’s Pundi X (New) price predictions, the future values and technical analysis are quite negative. The maximum price level by the year 2023 may be $0.238 approximately. At the same time, the minimum price and average price can be around $0.0793 and $0.159, respectively, as per the price forecast.Wallet Investor
According to the Price Prediction’s forecast, the price of Pundi X will grow continuously along with volume and market cap in the future. The Pundi X coin forecast indicates that the minimum price value, maximum price value, and average value of the coin may be $2.73, $3.40, and $2.83 by the year 2025.Price Prediction
The Pundi X forecast and predictions are bullish as per Digital Coin Price. The average price of Pundi X for the current year is anticipated to be around $0.59. While for the year 2027, the average price is expected to be $1.10 as per the Pundi X price forecast.Digital Coin Price
GOV Capital’s forecast suggests that the price of Pundi X is not expected to grow, and a price fall is anticipated for the current year. By the third quarter, the maximum value may only be $0.9177, while the minimum price can be $0.6783.GOV Capital
According to the Pundi X forecast by TechNewsLeader, the maximum price of Pundi X, minimum price, and the average price by 2025 can be $3.24, $2.41, and $2.64, respectively. The coin is anticipated to be a good pick for long-term investment.TechNewsLeader
Pundi X Price Predictions: 2022-2026
Pundi X price forecast shows that it will not reach great heights and provide good returns to investors or traders. Pundi X prices are expected to stay within a fixed price range based on calculation and computing techniques for long-term forecasts. The year 2021 was quite disheartening for the investors as the coin continuously moved in a downtrend after it created a new all-time high.
The market crash of 2022 has left many eyes wide open, and many coins are struggling to cross their immediate resistance level. Thus it is always advised to find more details about the coin, its price, technical analysis, and forecast before investing in cryptocurrencies!
So, Let’s get more detailed information on the year-wise forecast and Pundi X price prediction!
Trade Pundi X Now
Pundi X Price Prediction 2022
Based on our Pundi X price prediction, the price of Pundi X may be around $0.4 during the 3rd quarter. The price is predicted to have a flat sideways movement and only have a slight price rise. The value is expected to touch a maximum of $1.1, while the average price is forecasted to be around $0.6.
Pundi X Price Prediction 2023
The predicted level for Pundi X at the beginning of the year 2023 may be around $0.6, and as per our Pundi X price predictions, the maximum price level may be $0.8. The technical analysis indicates that the average Pundi X price of the year can be $0.7.
Pundi X Price Prediction 2024
Our Pundi X price prediction for 2024 exhibits a slight uptrend. The price of Pundi X is forecasted to have a maximum value of $0.9. It is anticipated that there may be some price hanging, and the average price at which Pundi X may trade can be $0.8.
Pundi X Price Prediction 2025
PUNDIX price prediction is slightly bullish for the year 2025. On doing technical analysis, it is forecasted that the prices may rise to $1.0, which may cross a maximum price of $1.1. If global sentiments are positive, the average price at which Pundi may trade can be $0.95.
Pundi X Price Prediction 2026
The PUNDIX price steady rise over the last 4 years may increase some hope of the audiences and investors. As per our Pundi X price prediction, it is expected to reach a maximum of $1.3 by the end of the year. The average price at which Pundi X may trade for this year is $0.99.
Is Pundi X a good investment?
NO! The long-term Pundi X (New) price predictions are not profitable, revealing no growth potential in the system. It may continue to grow at every small pace in the future, so it will not be a good investment. Our Pundi X forecast suggests PUNDIX won’t be a profitable investment option for the long term. It is also not one of the safest investment options compared to some other coins in the crypto market.
Does Pundi X have a future?
The future price of Pundi X is weak and not worth investing in compared to the current price level; price forecast levels are almost in the same range. You can invest, but there may be a price fall as there is no guarantee of the volatility of the crypto market and global money supply. So, take financial decisions carefully before investing. Do your own research; take proper investment advice before adding PUNDIX to your portfolio.
Where can I buy Pundi X?
Pundi X crypto is trading in all the major crypto exchanges. Investors can buy Pundi X from Binance, Upbit, Bithumb, Huobi Global, VCC Exchange, HitBTC, and DigiFinex. The crypto is worth buying for investors and traders as per our Pundi X (New) price prediction.
How much will Pundi X be worth for 2030?
Based on our Pundi X (New) Price Prediction 2030, the minimum price, maximum value, and average price is expected to be around $2.5, $2.7, and $2.6, respectively. Invest wisely for the long term to gain great profits.
Buy Pundi X
Source link: https://www.cryptonewsz.com/forecast/pundi-x-price-prediction/