As of now almost all people buy cryptocurrencies, book profit and sell it when they reach the target.
The question arises what is the worth of cryptocurrencies, are they just meant for pump and dump trading on exchanges? Will there be a use scenario for these coins? Will we be able to travel new places relying on these cryptocurrencies, without carrying cash or visa card?
The Bridge between cryptocurrency and consumers:
While reading about cryptocurrencies and blockchain technology, i came to know about PundiX.
Pundi X or NPXS has a huge plan to promote the mass adoption of cryptocurrency and for the implementation of their plan they are about to introduce technology which will allow retailers to accept cryptocurrency payments in exchange of the physical products and services. This will be a major step to increase the worth of cryptocurrencies.
If they get successful in their plan maybe in 2020 or 2022 we will be able to ditch centralised currencies with cryptocurrencies, maybe we will be able to buy our daily need products with cryptocurrency, maybe we will be able to get paid in cryptocurrencies.
But as of now it seems to be a sweet dream.
The Roadblock:
There are many challenges in the way of Pundi X, but the major one will surely be the challenge of working side by side with the government. As of now government of different countries are discouraging their residents to deal in cryptocurrencies. According to governments cryptocurrencies are leading to the illegal activities and strike the whole crypto world by the news of banning the bitcoin and other cryptocoins in their regions time to time. Will they be able to see the brighter side of blockchain technology?
As of now it seems the major roadblock in the mass adoption of cryptocurrencies.
The Token Price (NPXS):
In just a short span of time Pundi X has gained a lot popularity in the crypto world, it has conducted one of most successful ico of 2018 and its token price in most of the exchanges is (0.0000009 btc at the time of writing this article). Because of its popularity among crypto world, many exchanges have listed it for trading and we can see the massive increase in its trading volume in near future. With the mass adoption the price may also rise, some of the posts and articles suggests that NPXS will be around 0.00002200 BTC some says that it will be around 1.1$ at the end of 2018.
What do you think? how much it's price can go at the end of 2018? Comment above
✅ @wickdave, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!
Thank you in advance!
I have now my main bag in Pundi x although price dropped again over 70% since I bought it. It's a long term hold but a decent project.