The Pundi X price is in the latest crypto news on our website as it is without a change despite the recent partnership with MakerDAO. The Pundi X (NPXS) altcoin is now ranked at the 104th position and has a program which will see partner merchants receive an XPOS cryptocurrency payment processing device which will allow them to accept payments made in tokens.
For those of you who don’t know, the Pundi X price has been up and down lately. The company behind NPXS (the token) is a blockchain payment solutions provider which recently partnered with MakerDAO, the creator of DAI which is the first decentralized stablecoin based on the Ethereum blockchain.
XPOS is a blockchain-based point of sale mobile terminal which was announced as part of he partnership, offering instant in-store payments and sale of DAI, Bitcoin, ETH, NPXS and other popular cryptocurrencies. The transaction amounts can be automatically settled in DAI which is soft-pegged to the US dollar and enables merchants to process crypto transactions without any worries about volatility.
However, the Pundi X price did not see an increase in wake of the partnership. In fact, it was trading at $0.001 in July 2019 which was a high for the year, while the 2020 levels brought it down to $0.0001 and now, the exact price of one NPXS is $0.000156.
However, Pundi X and MakerDAO have big plans for the future. The Crypto Merchant Campaign is the latest campaign resulting from the partnership which now officially begins in Brazil. The goal is to empower more merchants to adopt crypto and popularize the use of DAI. Even 100 XPO terminals are available for free to the Brazilian market, and another 650 to Latin American countries including Argentina, Venezuela and Colombia.
That said, the Pundi X price and the NPXS token are expected to become more popular in the future, especially because of this recent partnership with a company in the high caliber of MakerDAO.
Meanwhile, the Bitcoin and altcoin news today show that while BTC managed to get above $8,000 at this very moment, ETH, XRP and BCH are stalling and still hardly recovering from their losses. The market bloodbath is still here and the big coins need to escape it first.
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