At times like these when the markets are performing poorly, it makes sense to pivot towards fundamentally strong coins. One such crypto is PundiX (NPXS). PundiX is looking to build the infrastructure that will help in the adoption of cryptocurrencies across the world. PundiX has already set the ball rolling and is already shipping point-of-sale devices all across the world. Once these devices gains mass usage, the PundiX token, will be one of those that stand a good chance of growth in the future, based on its intrinsic value, not just hype.
Another factor that is adding to the fundamental value of PundiX is the kinds of partnerships that they are making, with real world businesses. Two days ago, PundiX entered into an agreement with UTrust, a deal that will see UTrust acquire 1000 PundiX point-of-sale devices that will be used in all their retail stores. Through this move, PundiX will have reached a total units of 25,000 in the market. That’s quite a huge achievement given that PundiX is aiming to sell 100,000 devices in 3 years. It means that they have the potential to meet their target in a few months, way earlier than the 3 year target. This is an indicator that cryptocurrencies are slowly going mainstream, and PundiX is leading the way in their adoption. Once crypto truly goes mainstream and gets adopted by the masses, PundiX (NPSX) will be at the top of the game, because it will be leading the way, by developing the necessary infrastructure for this to happen.
The biggest asset that PundiX has is the fact that it is taking cryptocurrency to the masses, people who have no idea what cryptocurrencies all about. That’s because the process of getting into cryptocurrencies is a complicated one, and the only way for ordinary people to get the concept is through things that they understand. Most people know about debit cards, and how to swipe them at Point-of-sale devices. In essence, by providing this infrastructure, PundiX will capture the masses, and give tremendous value to the PundiX token. In the next 5 years, the PundiX token could be worth upwards of a dollar, based on the global usage of cryptocurrencies at retail points.
In the very short-term, PundiX will get a major boost from its listing on Binance. It will now be trading against BTC and ETH on this world renowned exchange. Once the market rebounds, and volumes start flowing back into crypto, the Binance listing will be a big boost for PundiX (NPXS). Though, even when the market is still low, the Binance exchange listing has helped out PundiX (NPXS) in the day. That’s because, while all other cryptos are down, PundiX is up 2% against Bitcoin and Ethereum. This goes to show that traders are excited about this listing and are going long on this token.
By next week, PundiX (NPSX) might rise by an even higher margin with an increase in trading volumes on Binance and all other exchanges. That’s why in the very short-term, PundiX is likely to test $0.008. Watch out for this token, both in the short-term and the long-run. It can make you wealthy.