The price of Pundi X is 0.8922 USD today, with a 24-hour trading volume of 293,28 M USD. In the previous 24 hours, PUNDIX has gained 5,07 percent. It is presently trading at a -16.57 percent discount to its 7-day all-time high of 1,07 USD, and at a 5,99 percent discount to its 7-day all-time low of 0.8418 USD. PUNDIX now has a circulating supply of 258,49 million units and a maximum supply of 258,53 million units.
Pundi X is a project that aims to make using cryptocurrency as simple as using a credit card. The NPXS token’s creators intend to utilize it on their Ethereum-based Point-of-Sale (POS) systems one day. Underdeveloped regions such as Latin America and Indonesia could benefit from this method by receiving basic financial services.
A short introduction to Pundi X
One of the most well-known issues in crypto is the inability to make purchases. Pundi X intends to change that by distributing hundreds to thousands of point-of-sale smart devices to merchants, allowing them to accept payment in the network’s native crypto coin, NPXS.
It’s a grand-slam idea if it can distribute the devices for free and with cheaper transaction fees than a Pundi X is targeting Indonesia with hopes to expand throughout Southeast Asia, so don’t expect to see it in the US very soon. It’s a risky ambition with a big payoff if it succeeds, especially in a country where 73 percent of people are unbanked.
It’s also expanding its footprint in approximately 25 emerging markets, including South Africa.
Even BitCapital is helping the company bring its POS devices to South America via Brazil and Columbia. If people in poor countries accept cryptocurrency and are willing to transact with a POS device, this could be the way of the future.
What gives Pundi X value?
PUNDIX’s market value fluctuates often, in part owing to the cryptocurrency market’s volatility and a slew of other factors that can influence its price. Pundi X’s technical capability, technology, functionality, and use cases are all components that contribute to its worth. Pundi X was founded to facilitate crypto-based payments and the widespread use of cryptocurrencies, as well as to build blockchain gadgets with the purpose of bringing digital assets into everyday life.
The larger economy, collective trend reversals, upgrades, updates, developments, the rate of product use, partnerships, and mergers, as well as other relevant news and events, may all have an impact on PUNDIX’s market value. Pundi X technology determines the intrinsic value, which often differs from the market price of PUNDIX. Pundi X also wants to leverage Ethereum-based POS terminals and cryptocurrencies to provide basic financial services to undeveloped areas.
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