Pundi X Token Burn

Billions of tokens being burned. The vast majority almost all of it is due to the conversion of npxs to the fx coin at the tail end of q1.

Pundix Burns 34 Billion Tokens From It Is Huge Circulating Supply Thecoinspost

Removing tokens is a temporary boost but does nothing for organic growth.

Pundi x token burn. The redeemable value of npxs tokens will be based on the current market price. Pundi x is the project that wants to make spending crypto as easy as a credit card. Have a look at stellar lumens.

This also means the beginning of. A lot of people are misunderstanding this first quarter token burn of 75 billion npxs. Npxs ann monthly npxs token deduction plan in august we start shipping our xpos devices in a larger scale.

I think people are too concerned about token burns. The pos devices constitute a very small part of the 75 b in other words once the 3 months of conversion is done the quarterly token burns will be. Upbit is the current most active market trading it.

The pundi x team has executed the token removal as planneda total of approximately 97 billion tokens 57 billion npxs and 4 billion tokens npxsxem have permanently removed from the supplythis is equivalent of 41 million us dollars worth of value as of january 3 2019. Its a new era of the pundi x project six months after the completion of our public token sale. Pundi x will give rewards to qualified retailers for facilitating transactions via the xpos.

This is major news for token holders given that is expected to propel the price of the token. You will begin seeing merchants and others using our xpos in the launch markets listed. Pundi x initially revealed that he would make an announcement regarding the token burn on jan.

About pundi x coin. Everyone was telling pundi x to follow suit with a 50 token burn it was a temporary boost that saw people exit once they reached a certain point now stellar is back down. Customers also get free npxs tokens that they can redeem on their next purchase.

Pundi x npxs aims to make the use of cryptocurrency as a form of payment into a reality for retailers and consumers alike. Pundi x has recently made an announcement about removing 97 billion npxsnpxsxem tokens. 3 during his recent ama that took place on dec.

By applying the technology to a series of real world use cases such as cards and the xpos point of sale devices the team has built products that could accept the npxs token for goods and services. It has a circulating supply of 240 billion npxs coins and a max supply of 258 billion. Pundi x price today is 000037862 with a 24 hour trading volume of 9098745npxs price is down 15 in the last 24 hours.

Npxs tokens for pundi x rewards are claimed from our marketing campaign budget or buy back.

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