Following the AMA on 3rd July many have realized that the project is in some serious trouble. The total amount of NPXS burned is 5B , which left many community members with open jaws seeing a huge scam unfold.
While NPXS might retrace to 3-4 sats in the mid term it might reverse soon. With such bad news and no clarity from the management there is little or no pattern to support a buying decision.
Another problem the project is facing is lack of clear communication and solid numbers. They currently mix a set of different tokens in their reported numbers leaving initial investors clueless to what is going on.
The undertaking for running a side project , namely Fx Chain, is seen by many as an attempt to create further liquidity.
Since the majority of feedback is very negative currently there is still some hope for the team to return to their core values, which is to deploy xpos devices and enable crypto adoption.
Best guess is to not buy into the Buzzword Bingo pundix is spreading all over social media channels , but wait for solid numbers to confirm a price move.
Stay safe in the crypto and don't get exit scammed.
All best
While NPXS might retrace to 3-4 sats in the mid term it might reverse soon. With such bad news and no clarity from the management there is little or no pattern to support a buying decision.
Another problem the project is facing is lack of clear communication and solid numbers. They currently mix a set of different tokens in their reported numbers leaving initial investors clueless to what is going on.
The undertaking for running a side project , namely Fx Chain, is seen by many as an attempt to create further liquidity.
Since the majority of feedback is very negative currently there is still some hope for the team to return to their core values, which is to deploy xpos devices and enable crypto adoption.
Best guess is to not buy into the Buzzword Bingo pundix is spreading all over social media channels , but wait for solid numbers to confirm a price move.
Stay safe in the crypto and don't get exit scammed.
All best
TB