Pundi X recently listed on Binance and experienced a correction due the recent events in South Korea where Korean Crypto Exchange Coin Rail was hacked due negligence in their security architecture which is common for small crypto exchanges in Korea. Recent events in Korean markets severely affected thier Binance debut causing a new support to be created. It will likely take 30 days to recover from the FUD generated by Korean panic sellers.
Fundamentals for Pundi X remain strong as they have forged new partnerships with WAN CHAIN and NEM. After Successful roll out of 250,000 XPOS point of sale units token demand will be strong enough to push Pundi X to price 2 cents within the next 60 to 75 days.
Wanchain and Pundi X Labs Partner to Build Super Financial Market on the Blockchain
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