Cryptocurrency Price Prediction

PundiX (PUNDIX) Price Prediction 2022: Will The Price Catapult 2X?

Written by: Elena R

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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May 17, 2022

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Pundi X is a protocol which intends to avail cryptocurrencies for everyone. It is conceiving a new era of decentralized technologies to enhance the everyday life of the users. The project makes use of Point of Sale (POS) devices. Pundi X intends to distribute Point of Sale smart devices to the retailers to accept payments in the form of PUNDIX.

EOS Token

$1.56

green-dropdown 16.033%

Chiliz

$0.22

green-dropdown 4.235%

yearn.finance

$11,448.00

green-dropdown 4.045%

Tezos

$1.91

green-dropdown 2.859%

Dash

$53.70

green-dropdown 2.091%

Cosmos

$11.61

green-dropdown 2.003%

Ethereum

$1,870.49

red-dropdown 0.125 %

FTX Token

$30.60

red-dropdown 0.196 %

Bitcoin Cash

$135.90

red-dropdown 0.295 %

NEO

$11.16

red-dropdown 0.36 %

Ethereum Classic

$40.40

red-dropdown 0.373 %

Aave

$106.80

red-dropdown 0.376 %

Stellar

$0.12

red-dropdown 0.494 %

Litecoin

$61.13

red-dropdown 0.708 %

XRP

$0.38

red-dropdown 1.343 %

Cosmos

$11.61

red-dropdown 2.003 %

Post the redenomination from NPXS to PUNDIX, it is yet to ignite a run to the higher cliffs. Are you keen on investing at the dips for the peaks, but doubtful of its price prospects? Look no further, as this write-up decodes the plausible price prediction for 2022 and the years to come. 

Overview

CryptocurrencyPundi X (NEW)
TokenPUNDIX
Price(At the Press time)$0.517
Market Capitalization$133,577,305
Circulating Supply258,491,637.23 PUNDIX
All Time High$9.47 (April 09, 2021)
All Time Low$0.3439 (March 12, 2022)

PundiX (PUNDIX) Price Prediction For 2022

Potential LowAverage PricePotential High
$1.008$1.274$1.497

PundiX had initiated the year 2022, with a price tag of $1.047. As the downtrend aggravated, the price took a plunge to $0.865 by the 10th of January. While the crypto asset attempted a climb to $0.746 by the 16th of January. However, the market-wide sell-offs resulted in PUNDIX finding support at $0.693 by the 25th of January. 

Thereafter, the crypto asset posed an uptrend to $0.908 by the 12th of February. Howbeit, turmoil in the business occurring from geopolitical indifferences and inflation numbers, amongst others. Dragged the price to $0.698 by the 25th of February. Post which a steady incline helped close the quarter at $0.978

PundiX (PUNDIX) Price Prediction For Q2

If the crypto asset manages to establish firm grounds at $0.526. Further validating an uptrend, the price could chug up to its potential high of $0.714. On the flip side, continuity in bearish trends could drag the price to its potential low of $0.426. That said, lingering around with linear momentum, the average price could land at $0.634

Forecast Of PUNDIX For Q3

PundiX could find stars inclining in its favour provided the developments of the previous quarter. Such as the prototype of decentralized XPASS cards, and the establishment of the task force for CBDCs, materialising as per the expectations. Moreover, the developments of the third quarter such as public testing of open de-XPOS, and more supporting tokens could supplement the price action. 

Wherefore, the price could chug up to a maximum of $1.052. Conversely, failing to stand true to its expectations, the price could hit a low of $0.696. That said, a balance in buying and selling pressures could curb the price to $0.874

Prediction Of PundiX For Q4

The digital asset could attract a wider audience if it manages to roll out the planned events as per the schedule. The launch of the De-XPASS card with a leading chipset manufacturer could turn imperative for PundiX. In such a case, the price might chug up to its potential high of $1.497

In contrast, the possibility of a financial crisis or regulatory concerns might bring the price down to $1.008. Considering the bullish and bearish targets, the average price might settle at $1.274

PundiX Price Forecast For 2023

The planned upgrades for the year, coupled with healthy relations with financial institutions. This could push the price to its potential high of $2.788. On the downside, negative criticism and an ebbing stance could land the price at $1.434. That said, an equilibrium in buying and selling pressures will land the price at $2.131

Price Prediction Of PundiX For 2024

PundiX could find prominence and credibility in the business if it triumphs in global digital transactions. The soaring adoptions could push the price to its potential high of $5.426. In contrast, if the bears outweigh the bulls, the price might slump down to $2.671

Price Trajectory For 2025

By the end of 2025, Pundi X might be recognized as the retailer’s cryptocurrency. As it aims to transform retail businesses with the point of sales solutions. It might as well concentrate on upgrading its platform as well as the blockchain infrastructure. In such a case, the price might a maximum of $9.994

On the downside, the price might sink if the token fails to focus on transparency and transaction speeds. Wherefore, the digital asset might change hands at $5.145

YearPotential LowPotential High
2023$1.434$2.788
2024$2.671$5.426
2025$5.145$9.994

What Does The Market Say?

Wallet Investor

According to Wallet Investor, PUNDIX might escalate to a maximum of $0.0944 by the end of 2022. Whilst a reversal in trends could bring the price down to $0.0315. Regular trade practices might land the price at $0.0629. The firm expects the altcoin t soar as high as $0.0422 by the end of 2023. 

Digital Coin Price

As per the prediction of Digital Coin Price. The altcoin could surge to its potential high of $0.72 by the end of 2022. The firm expects PUNDIX to rise to a maximum of $0.83 by the end of 2023. And a maximum of $1.16 by the end of 2025. 

Trading Beasts

Trading Beasts foresees, the cryptocurrency to surge to a maximum of $0.703 by the end of 2022. The analysts from the firm have pinned the minimum and average targets for the year at $0.598 and $0.703. The firm also holds the targets for the long term. The digital coin is expected to surge to a maximum of $1.563 by the end of 2025. 

Click here to read our price prediction of Synthetix (SNX)!

What Is PundiX?

PundiX is a blockchain which drives applications, that intend to revolutionize retail businesses. PundiX enables retail marketers to perform instant and fast transactions, through its network. The protocol was founded in the year 2017, with an ICO that followed in January of 2018. Which was the globe’s first point-of-sale solution. 

Following this, the makers have successfully launched services targeting retail businesses.  The services include XPOS, XWallet and XPASS, and the blockchain phone “BOB”. The firm has extended its XPOS services to global markets such as the U.S, Spain, Argentina, and Taiwan, amongst others. 

Fundamental Analysis

The protocol was founded in the year 2017, by Zac Cheah and Pitt Huang. Whilst Zac Cheah presently serves as the CEO of PundiX, Pitt Huang serves as the CTO and COO of Pundi X. 

Prior to finding the protocol, Zac was the W3C Chair of the HTML5 Interest Group. 

He has completed his Msc. in Computing from the KTH Royal Institute of Technology, Sweden. And M.Sc in cybersecurity from the Norwegian University of Science and Technology, Norway. Meanwhile, Pitt Huang started his coding journey at the age of 10. It was in his high school when he had already built space games. 

Pitt founded and sold his first Groupon-like company at the age of 25. He has had several other businesses, including a 200 employees company. The collective efforts of the team have developed Pundi X, which boasts unique capabilities such as XPOS, XPASS, and XWallet.

On the 30th of March 2021, the makers had commenced redenominating the NPXS tokens. Where “1000 NPXS” tokens were swapped for “1 PUNDIX” token. 

Our Price Prediction

The community might allow more retailers and consumers to conduct in-store transactions on its blockchain. In such a case, the price might hit a maximum of $1.5 by the end of the current year. On the contrary, the price might plummet to $1

Historical Market Sentiments

2018

Pundi X made existence in the crypto sphere on 23 March 2018 with a trading price of $0.00091 according to Coinmarketcap. Later with a steady rise in price, the token jumped to $0.004 in April. Dramatically, NPXS surged to $0.012 in mid-May and further plunged to $0.0044. 

Later with certain variations, the currency hit an All-Time-High by soaring to $0.015 on 17 June and failed to be stable. Shockingly NPXS sank to $0.0013 by mid-August. The currency incited a downtrend after and closed the year 2018 at a price of $0.00048. 

2019

On a bearish note, NPXS continued to trade at a value of $0.00044 during the start of January 2019. As the market continued the bearish rally the currency traded at a price between $0.0001 and $0.0009 throughout the year with certain price indifferences and ended the year 2019 at a low cost of $0.00013.

2020

Pundi X resumed the year 2020 with a low value of $0.0001. Later the currency continued to be constant with certain variations as the bulls failed to pull the prices up and traded at as low as $0.0001 at the end of December 2020.

2021

NPXS had commenced the year at $0.000961, and the price of the altcoin rose to an impeccable degree. And soared to its local top at $0.0084 by the 25th of March. Post redenomination, the price took a steep single-day plunge from $9.47 to $5.383 on the 9th of April. 

The downtrend further aggravated, taking the price to $0.685 by the 23rd of June. Whilst it did climb up to $2.289 by the 6th of September. The price moved south to close the year at $0.914. 

To read our price prediction of YF Link (YFL) click here!

FAQ

Q: What is Pundi XPOS?

A: It is a blockchain abled Point-of-Sales device which includes the features like buying and selling of cryptocurrencies and also to make purchases in the stores.

Q: What is Point-of-Sales?

A: Point-of-Sales is a place for executive payments of goods and services by the customers and users.

Q: Can Pundi X be mined?

A: No, Pundi X cannot be mined.

Q: Is Pundi X an ERC-20 token?

A: Yes, Pundi X is an ERC-20 token.

Q: Where can I buy PUNDIX?

A: PUNDIX is available for trade across prominent cryptocurrency exchange firms such as Binance, Upbit, Huobi Global, and Bithumb, amongst others. 

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Elena R

Elena is an expert in technical analysis and risk management in cryptocurrency market. She has 10+year experience in writing - accordingly she is avid journalists with a passion towards researching new insights coming into crypto erena.

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