Crypto Calendar: Major 22% Pumps for Pundi X (NPXS) and Digitex Futures (DGTX)

Pundi X (NPXS) and Digitex Futures (DGTX) both saw 22% price gains on Wednesday, with both coins just a few days away from major developmental updates.

Those updates were detailed last week in ‘6 More Upcoming Crypto Events…’, which fingered Pundi X and Digitex Futures as possible pumpers.

That article was itself a follow up to ‘6 Upcoming Crypto Events…’ from two weeks ago, from which two of the picks: IOST (IOST) and Theta (THETA) are still pumping ahead of most in the market cap top hundred.

Digitex Futures Price Pumps Ahead of Treasury Token Sale

There’s a token sale on the horizon for Digitex Futures, and it’s set to go ahead on March 1st. In the previous twenty-four hours the DGTX coin price jumped 22% from $0.036992 up to $0.045424.

That leaves Digitex just outside the market cap to hundred with a valuation of $31 million. Today’s valuation is the highest since early January, but some way off the Christmas Eve high of $0.071 back in December.

DGTX trading is fee-less, and the team say the treasury will help bolster the project against the whims of angel investors and the like:

“Even though we’re offering free trading to DGTX token holders, the back end of such a complex operation is not free at all. And we don’t want to have to rely on large investors to meet our goal of becoming a top exchange.”

The Digitex Treasury token sale will see 100 million tokens sold over ten sale rounds, with the first starting next month. Check out this rundown for more details on Digitex Futures. Sale details below.

Pundi X Price Pumps Ahead of Staking/Airdrop Update

The Pundi X staking rewards are set to be adjusted next month when the rate is adjusted for NPXS token holders. Monthly payouts beginning March 9th will be subject to the updated rate.

Word is that the token release is not for staking but rather an ongoing monthly airdrop conducted by Pundi X. Any current holders might be interested in the following equation which details the updated rates:

“[(The average of the daily lowest NPXS amount of the month X 10%) + (the daily average NPXS amount of the month X 90%)] X 11.063%

According to this official breakdown from the Pundi X team, several wallets support NPXS staking, including the XWallet, NEM nano wallets; as well as most ERC-20 wallets.

NPXS/BTC

On Wednesday the NPXS token price leapt from $0.000658 all the way up to $0.000806 – 22.49% growth over the day. The BTC gains were slightly more at 22.8%, and almost 80% of daily trades came from the NPXS/BTC pair.

Binance’s BTC/NPCX pair was the location of highest liquidity by far, with $11 million of the $20 million daily total. The NPXS/ETH pair on that exchange also housed over $3 million worth of trades.

Disclaimer: The author owns bitcoin, Ethereum and other cryptocurrencies. He holds investment positions in the coins, but does not engage in short-term or day-trading.

Featured image courtesy of Shutterstock.

Author:
Greg Thomson is a freelance writer who contributes to leading cryptocurrency and blockchain publications like CCN, Hacked, and others.