Despite the fact that crypto market is still far from the heights that it could achieve, it is still doing significantly better than it used to throughout the year. This change is significant since it indicates that the better times are indeed coming, which is exactly what the investors need right now.
The current situation has provided many with a peace of mind and has even encouraged them to turn their attention to many smaller coins. These are the coins that usually suffer the most during the bearish periods since the lack of trust is stopping the investors from exploring them. Pundi X (NPXS) is one such coin, and with the market being mostly in the green lately, many have started paying attention to it.
Because of this, questions regarding Pundi X price prediction started to pop up, which is why we will now explore this coin and try to see what might be awaiting it in the future.
About Pundi X
Before we start talking about the price, let’s quickly check out the project and see what it is all about.
Pundi X (NPXS) is a project that wishes to make the process of making cryptocurrencies available to more people. Its very network is full of Pundi X POS, which are smart crypto terminals. It was launched by Wokoworks team, which has a lot of crypto experience, especially when it comes to making wallets.
The project’s idea is to allow buyers to connect their wallets to the new system, and then use cryptos for making payments. Additionally, the system would allow crypto/fiat exchanges whenever they are needed.
Basically, the coin would serve as a means of payment within the platform. and can be used for paying for different services that the company would provide.
Since its creation, the coin has managed to surround itself with a strong and positive community. It also entered partnerships with numerous other projects and big companies, which inspires trust. However, the project also has a lot of competition, and it is based on centralized and decentralized solutions alike, which might be an issue for some users. Finally, since it is only envisioned as a means of payment in the platform, its price is not expected to go very far.
Now that we know a bit about the coin, let’s check out the Pundi X price prediction, and try to determine what will happen to NPXS in the future.
Pundi X price prediction
At the time of writing, Pundi X is ranked as the 44th largest crypto on CoinMarketCap, with a price of $0.001450 per coin. While this price is not that encouraging, it should be pointed out that the coin’s circulating supply is at around 114.5 billion tokens. While this is a huge amount of units, it is still nothing when compared to its total supply of 280,255,193,861 NPXS.
Clearly, these are some huge amounts, which is mostly why the coin’s value is so low. While it might grow in the future, it is safe to say that it will never reach the heights of Bitcoin, Ethereum, or maybe even Ripple.
Still, like any other crypto, the coin has intrigued numerous investors, and they wish to know what to expect from it in the future. While most Pundi X price predictions do not see much change for this coin during this year, there are some that claim that its price might go to $0.059 in 2019.
The increase is expected to continue over the next three years, and the coin is expected to arrive at $0.125 by 2021. This is where the increase is expected to slow down, and the forecast for the coin claims that it will grow to only $0.21 in five years from now.
Clearly, the Pundi X price prediction indicates that the coin is more than a decent long-term investment. It has a noble goal in mind, and with its current price, it can still bring a small fortune in a couple of years. Of course, there is no guarantee that things will actually play out the way analysts are expecting them to. After all, nobody can know the future, and unpredictable can always occur, especially when cryptos are involved.
Still, with the amount of progress that digital coins have been making in terms of adoption has been pretty big lately. If this continues, who knows, maybe the coin will even outperform these expectations. As always, all we can do at this point is wait and see.
For the latest cryptocurrency news, join our Telegram!
Disclaimer: This article should not be taken as, and is not intended to provide, investment advice. Global Coin Report and/or its affiliates, employees, writers, and subcontractors are cryptocurrency investors and from time to time may or may not have holdings in some of the coins or tokens they cover. Please conduct your own thorough research before investing in any cryptocurrency and read our full disclaimer.
Image courtesy of Pexels
Globalcoinreport.com/ is author of this content, TheBitcoinNews.com is is not responsible for the content of external sites.
Our Social Networks: Facebook Instagram Pinterest Reddit Telegram Twitter Youtube
