Could the reason for the price drop have anything to do with the token swap?
I think the reason a coin is bearish has not too much to do with them swapping tokens. Whether a currency rises or falls in price is due to how they advertise and attract investors. Perhaps the main reason here is that investors no longer put their faith in the currency and they are tired of it. 
Topic: Will Pundi X recover after recent token swap? - page 2. (Read 317 times)
As major exchanges like Binance, FTX, Kucoin etc support the recent token swap, than it won't be any problem, IMO. BTW, we see a little correction into the whole market, maybe it's dumped because of that and soon it'll pump as token burn is a great FA for any coins/tokens. So, it's just about time to see a price pump into Pundi X. 
The reason the price dump was because of the swap so technically it will recover soon, there is no specific date just yet when it’ll pump again. And with it’s current price now, I don’t think it’s that bad too just like the other altcoins.
Are you nuts, once trading starts on Binance, it will boom up with a bang 
Is there any credible announcement that they will be listed on the Binance exchange?I know about this project and have joined their bounty program, which is quite a prestigious project.
The price is already at $6, I don't see a dump here.
As you can see the pundix old is $0.007 _ https://coinmarketcap.com/currencies/pundi-x/
Now, if its multiplied by x1000 the result is 7 usd.. maybe, just a little dump but it's not really a big impact to the project as eventually the price will rise again if investors really believe on the Pundix project in general, not only because of the supply reduction.
As you can see the pundix old is $0.007 _ https://coinmarketcap.com/currencies/pundi-x/
Now, if its multiplied by x1000 the result is 7 usd.. maybe, just a little dump but it's not really a big impact to the project as eventually the price will rise again if investors really believe on the Pundix project in general, not only because of the supply reduction.
Pundi X price drops after the recent token swap, and now the price trying to rise up again. If I see on Binance, npxs is gone up for a little price. Unfortunately, npxs is only available with two pair which is usdt and eth. So you can try to check the price and see if that can give you more chances to trade. I think the token can increase later, but it still needs time to rise as before because the price seems to drop too far.
In most cases, before the swap, the price of the coin shows an increase and after the swap, the price falls. It is impossible to say for sure what will happen to Pundi X in the future, but having a general understanding of the project and based on past experience, I sold all NPXS tokens. As far as I know, in a few days PUNDIX will start staking on f(x)Wallet and perhaps this will have a positive effect on the price.
Really? AAVE? DREP? With big token burn, price goes up, it is simply psychology
. I'm sorry to say but you messed up selling. 
Could the reason for the price drop have anything to do with the token swap?
It could be the reason too. Dude, this project is not even having competence. Pundi is always creating hype with the token swap. There's no interesting news about the development result.
So many times this project is swapping its token.
I don't even know why people are still buying garbage coin like this one.
As far as I know, pundi was increasing its supply on the old swap and then this time it's reducing the supply.
This garbage project is clueless about its own product.
Are you nuts, once trading starts on Binance, it will boom up with a bang
The team promised buy backs at a certain price point and also max supply reduction, it may affect the price and it may not so just invest only what you can afford to lose, since swap is coming I don't see any reason to buy the token right now, 50$ worth of NXPS is a little over 6000+ tokens and after swap that will turn to 6+ pieces, as if the token will then worth 15$ each? Time will tell
Npxs token will migrate to pundix token with denomination 1000:1 to reduce the total supply. I don't know if the price drop is the reason they do swap.
Sometimes reducing total supply of the token can help the price, but no guarantee. The most important thing will drive the value is the platform (business plan) it self, not the token specifications.
https://medium.com/pundix/request-for-comment-npxs-token-reduction-da4c8e618bee
Sometimes reducing total supply of the token can help the price, but no guarantee. The most important thing will drive the value is the platform (business plan) it self, not the token specifications.
https://medium.com/pundix/request-for-comment-npxs-token-reduction-da4c8e618bee
Could the reason for the price drop have anything to do with the token swap?
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