This is not financial advice. This is just what I am doing and why.
I have been waiting awhile to make a purchase on Pundi X for a few months now. This morning I made my first purchase at 0.00000025. I feel this is a good entry to start accumulating. Not sure where the bottom will be at, but I feel we are close, so I am ready to start accumulating slowly at these levels.
Average volume is around $5 million USD. Very liquid. The current market cap at this post is $169,277,068. With a Circulating Supply of 90,062,407,337 and a Max Supply of 280,755,195,000 per Binance. This is not a high market cap for no means, but also not a cheap one either. The coin supply is rather large, very large. But for the project Pundi X is doing, they are going to need this large supply.
So why I am I buying? Let's take a look.
Below is a snap shot of Binance CEO CZ making a purchase using a Pundi X terminal using BNB. https://www.instagram.com/p/BlpO12kgdtl/?taken-by=changpengzhao
Pundi X vision is to make buying and making purchases with cryptocurrency and easy as buying a bottle of water with the Pundi X POS terminals. Being the Walmart or 7-Eleven of Cryptocurrency. As of August 1st 5000 POS terminal have been shipped with over 25,000 on order.
With the Pundi XPass card you will be able to store your crypto on. Current cryptocurrency supported is Bitcoin, Ethereum, NPXS Pundi X, Stellar Lumens, Binance BNB, Wanchain, QTUM, NEM, Zcash.
With the vision, team and use case. I can see Pundi X (NPXS) being a top 10 coin in the next year. Could very well see a marketcap of 5 Billion or higher.
Currently there is an airdrop at the end of every month where you get 7% of the amount of coins you hold.
Pundi X (NPXS) and be purchased on Binance >> https://www.binance.com/?ref=12200728
For more research on Pundi X > https://pundix.com/
Thank you, and more post to come!