Thanks for sharing, looks like the news really help, Pundix now up by 16% (
https://coinmarketcap.com/currencies/pundix-new), probably this is just the beginning, maybe soon we will get to $10. Just hold up, we are getting big updates from the team, going mainnet is such a big thing.
$10 is not going to happen because the management team are incompetent. They had a strong case for success after the ICO but they diverted their attention away from their core product of XPOS, as a result the price of the token collapsed.
Hopefully, PUNDIX will go back to its glory place where it was praised and hoped to be the best project for payments. I had even seen Payment processing POS machines installed in shops where you can pay with NPXS and then part of the fees will get burned etc. It was once one of the best upcoming projects, hopefully it will become like that again.
We can hope it becomes an innovative giant again but it is not going to happen unless they return to their roots and concentrate just on the XPOS devices and stop wasting money of the fantasy about blockchain phones and other nonsense.
They are far behind which we don't see any active distribution of POS machines to retail shop which they promised a lot during their crowd sales, but now everything is in the paper which they are not actively updating their roadmap and even token swapping is no model in order to create hype but no active developments from the company side.
That was their biggest problem. They made announcements about having their XPOS devices installed in malls all over the world but they did not achieve anything close to it. If they at least stuck to their original plans they would have been in a much stronger position.
Well, people got hype, so that's it, the swap is over so we are not anymore seeing any hype, I guess they should have delayed the swap a little bit so the hype will continue, now that the price has dump to $2.46, it's possible that it will even dump $1 as the market is not yet stable now.
No major improvement on Pundix, so most definitely it will rely on the movement of bitcoin.
I would not be surprised if the price fell to $1 soon. After the hype of the token swap fades away this token will get back to form and ahead towards $1 soon unless the management bring in a new team with new ideas to reinvigorate a dying project.
15 days ago the new token was trading at all time high of $7.14 and yesterday it fell to all time low of $1.89. Now it is trading at $2.49 and things are not looking good for PUNDIX long term.