Hello Traders, It's been a long time since I've posted ! I feel obligated to create this fundamental analysis of Point Pay, not only because I am an investor, but also because this is a project that has a ton of startup money and a functioning product, I see huge potential! The DEV team has created both IOS and Android apps for the system and has also put together a website that works well. At the moment we are still in the beginning stages of things to work seamlessly, as expected. Point pay aims to be a top 10 crypto exchange, per the CEO, Vladimir Kardapotsev.
In the ICO stages, the Point Pay team managed to raise over 50 Million USD. Unfortunately, at it's initial listing onto the Bitglobal exchange the price tanked way down to about .03 cents per PXP.. Since then, the team has been able to deliver us two more exchange listings, Bitrue and Bittrex, in which we just listed on last Friday 12/10/2021, a week ago from today. The Bittrex listing has provided me the ability to be linked in with a PXP chart here on trading view :) I'm happy to be the first to create an Idea for this pair!
* Where we stand now: As investors in this project, we hope for the best. My hopes are high with this project for the following reasons:
1.) The Point Pay team continues to deliver-----Every week there is an update on what is being done behind the scenes. We see through the telegram communities and twitter, the work that is being done. There are weekly burns being conducted and the CEO has frequent AMA sessions.
2.) We have a top tier exchange listing coming in the near future. When I say near, I don't want to mislead anyone. The CEO has mentioned in the past AMA sessions and on Telegram that once we have a steady 10 Million USD daily trading volume between our current exchanges, (Bitrue, Bittrex and Bitglobal) then the tier 1 exchanges will be ready to list us! Right now we have been steadily rising over the 3 Million USD daily trading volume. We have a ways to go, but we are positive.
As they say, Rome wasn't built in a day. These things take time.
3.) Check out the roadmap for yourself. I don't want to make an extremely lengthy post and spend too much of my day here. Things look good! In quarter one, there will be a mass marketing and they are already cutting back on their staking rewards. I don't want to say "don't miss the ship" but "Don't miss the Ship!" We have found bottom.
I hope everyone trades safely and avoids losses. May God Bless you all!
In the ICO stages, the Point Pay team managed to raise over 50 Million USD. Unfortunately, at it's initial listing onto the Bitglobal exchange the price tanked way down to about .03 cents per PXP.. Since then, the team has been able to deliver us two more exchange listings, Bitrue and Bittrex, in which we just listed on last Friday 12/10/2021, a week ago from today. The Bittrex listing has provided me the ability to be linked in with a PXP chart here on trading view :) I'm happy to be the first to create an Idea for this pair!
* Where we stand now: As investors in this project, we hope for the best. My hopes are high with this project for the following reasons:
1.) The Point Pay team continues to deliver-----Every week there is an update on what is being done behind the scenes. We see through the telegram communities and twitter, the work that is being done. There are weekly burns being conducted and the CEO has frequent AMA sessions.
2.) We have a top tier exchange listing coming in the near future. When I say near, I don't want to mislead anyone. The CEO has mentioned in the past AMA sessions and on Telegram that once we have a steady 10 Million USD daily trading volume between our current exchanges, (Bitrue, Bittrex and Bitglobal) then the tier 1 exchanges will be ready to list us! Right now we have been steadily rising over the 3 Million USD daily trading volume. We have a ways to go, but we are positive.
As they say, Rome wasn't built in a day. These things take time.
3.) Check out the roadmap for yourself. I don't want to make an extremely lengthy post and spend too much of my day here. Things look good! In quarter one, there will be a mass marketing and they are already cutting back on their staking rewards. I don't want to say "don't miss the ship" but "Don't miss the Ship!" We have found bottom.
I hope everyone trades safely and avoids losses. May God Bless you all!