On July 19, 2024, Pundi X (PUNDIX) witnessed a significant price breakout, surging by 7.99% to reach $0.46. This remarkable price movement occurred at 09:19 AM UTC and has captured the attention of the crypto community. Pundi X, known for its innovative approach to integrating digital currencies into everyday transactions, has been making waves with its recent developments. The introduction of the AIpowered Omni QR Code for cryptocurrency payments in physical stores and the strategic partnership with the Circle Alliance Program have been pivotal in driving this breakout. Pundi X (PUNDIX) experienced a notable breakout on July 19, 2024, with a price surge of 7.99%, reaching $0.4603. This breakout can be attributed to several key developments that have bolstered investor confidence and market interest. Let's delve into the reasons behind this surge and explore the visual evidence supporting these claims.
Partnership with Circle Alliance Program: Pundi X joined the Circle Alliance Program, a global network of likeminded companies focused on the future of finance. This partnership enhances their connections in the finance sector, significantly boosting investor confidence.
Introduction of AIpowered Omni QR Code: On July 18, 2024, Pundi X announced the introduction of an AIpowered Omni QR Code for cryptocurrency payments in physical stores. This innovation simplifies the payment process, making it more accessible and userfriendly, thereby attracting more users and investors.
Enhanced Usability and Market Reach: The new AIpowered Omni QR Code allows merchants to accept crypto payments using a single QR code across multiple blockchain networks. This flexibility and ease of use have significantly increased the usability of Pundi X's ecosystem.
Expansion of Retail Solutions: Pundi X has been a pioneer in blockchainpowered pointofsale (POS) solutions, with products like XPOS, XWallet, and XPASS. The recent updates and innovations have further solidified their market position, attracting more retail merchants and consumers.
Active Community and Governance: Pundi X's active community and governance proposals, such as the AI Innovation Fund, have kept the community engaged and optimistic about the project's future. This engagement has translated into increased market activity and price appreciation.
In conclusion, Pundi X's recent breakout is a result of strategic partnerships, innovative product introductions, and an active community. These factors have collectively enhanced the project's market position, driving investor confidence and market activity. In conclusion, Pundi X's recent price breakout is a testament to its strategic and technological advancements. The partnership with the Circle Alliance Program and the introduction of the AIpowered Omni QR Code for cryptocurrency payments have been pivotal in driving market enthusiasm. As Pundi X continues to innovate and expand its ecosystem, it is crucial for investors to conduct thorough research (DYOR) to navigate the complexities of the cryptocurrency market effectively. This breakout underscores the importance of staying informed about the latest developments in the crypto space.
We have asked 21 Experty community members questions related to "News of Pundi X (PUNDIX) - July 2024 Price Update - 7.99% Breakout Crypto News and Analysis". We have received many valuable replies, the best ones (based on Experty community feedback) you can read below.
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Explore the Core.
Pundi X (New) focuses on creating a borderless payment ecosystem that integrates digital currencies into everyday transactions. Its flagship product, the XPOS, enables retailers to accept both fiat and digital currencies seamlessly. The network supports various digital assets, including BTC, ETH, and USDT, and offers features like loyalty programs and consumer credit history establishment. Pundi X aims to simplify cryptocurrency transactions, making them as accessible as traditional purchases, while providing rewards and incentives for both retailers and customers.
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On the 18th of July,2024. Pundi X announced the Introduction og AI-powered Omni QR Code to Cryptocurrency Payments in Physical Stores. This is a significant stride toward easing the accessibility of their ecosystem and making transactions seamless. This exciting updates called investors looking for a seamless ecosystem to carry out transactions.
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GLORIA OLUWAFERANMITo God be the Glory
Explore the Core.
Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world's first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world's first blockchain phone called BOB.
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They were thrilled to introduce the InStore QR Code as part of our commitment to make crypto payment easier. Their goal is to make cryptocurrency payments accessible and convenient for everyone. With the potential transaction volume of Merchant-presented QR Code Payments expected to soar, we believe that Pundi X InStore QR Code will play a pivotal role in driving crypto adoption in physical stores. This is not just about technology; it's about empowering merchants and customers to engage in a more inclusive financial system.
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OLUWATOSIN GARUBAExplore the Core.
Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world's first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world's first blockchain phone called BOB.
Spot the Main Event:
The introduction of Pundi X Pay InStore QR Code is a significant step towards increasing cryptocurrency payment adoption in physical stores. By offering a user-friendly and secure payment option, Pundi X is making it easier for both merchants and customers to engage in cryptocurrency transactions, thus fostering a more inclusive financial ecosystem. #PundiX's goal has always been to make cryptocurrency payments accessible and convenient for everyone.
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Oluwatosin BamideleTrade hard. Joy is coming
Explore the Core.
Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain.
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Excited to share that we have joined the Circle Alliance Program, a global network of like-minded companies and teams focused on the future of finance. As members, they are looking forward to building new connections and continuing to learn and innovate with #USDC and web3 technology.
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Praise OlagbadunProfessional Author and Crypto Trader
Explore the Core.
Pundi X is a Web3 project that's focused on transforming physical retail businesses with innovative DePIN solutions. They are a leading developer of blockchain-powered devices that was founded in the year 2017 with the aim of transforming retail businesses with its blockchain-based point of sale solution. They've got their headquarters located in Singapore and have been able to establish their presence across multiple countries like United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan, to mention a few.
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Them recently joining the Circle Innovative Program is a major reason for the current increase in the price of the token. This is because it would have their token holders and other crypto users bullish and optimistic about the project, hence leading to a decision to invest into it by buying the token.
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Abdullahi Saleh SaiduCute, funny and a little bit crazy!!!
Explore the Core.
Pundi X is a leading developer of blockchain-powered devices with the aim of transforming retail businesses with its blockchain-based point of sale solution. The solution allows retail merchants and consumers to conduct instantaneous in-store transactions on its blockchain. The blockchain solution was founded in 2017 and launched its ICO in January 2018 as the world's first point-of-sale solution. Following a successful ICO, Pundi X has successfully launched retailed focused services including XPOS, XWallet and XPASS as well as the world's first blockchain phone called BOB. The company, which has its headquarters in Singapore, has shipped its XPOS solution and devices to over 25 markets including the United States, Spain, Argentina, Korea, Australia, Colombia, Spain and Taiwan.
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Pundi X Introduces AI-powered Omni QR Code to Cryptocurrency Payments in Physical Stores. Cape Town, South Africa, July 18 2024 – Pundi X, a global leading blockchain developer, has launched an innovative crypto payment solution, the Pundi X Pay for merchants. This innovative solution is set to transform the landscape of physical store crypto transactions with the omni QR code payment layer, making it easier for merchants and customers to embrace cryptocurrency payments. Using crypto for payments is on the rise globally. This is indicative of a progressive crypto adoption. According to a recent Juniper Research analysis, worldwide spending on QR code payments would exceed $3 trillion by 2025. With Pundi X Pay InStore QR Code, merchants can tap into this growing market, offering their customers a seamless and secure way to pay using their preferred cryptocurrencies and blockchain networks. The introduction of Pundi X Pay InStore QR Code is a significant step towards increasing cryptocurrency payment adoption in physical stores. By offering a user-friendly and secure payment option, Pundi X is making it easier for both merchants and customers to engage in cryptocurrency transactions, thus fostering a more inclusive financial ecosystem. Features of Pundi X Pay InStore QR Code - Extensive Wallet Integrations: Supports over 500+ direct wallet apps with WalletConnect, Bitcoin wallets as well as Binance Pay, ensuring broad compatibility. - Flexible Payment Options: One QR code, multiple blockchain networks. Customers can choose their desired cryptocurrency, blockchain networks, and wallets for crypto payments. - Instant Digital Receipts: Digital receipts are provided directly to the store and customer upon successful transactions. - AI-Powered Multi-Chain Transactions and Security: Powered by Pundi X AI, the system ensures seamless multi-chain transactions and enhanced security, providing an extra layer of trust and efficiency in every transaction.
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Insight Globali'm graduate of electrical/electronics engineering. my interest is into online space and also crypto analysts
Explore the Core.
Pundi X (New) is a blockchain-based platform designed to make regular bitcoin transactions easier. It intends to make the use of digital assets and cryptocurrencies more widely available. Pundi X offers a solution to the shortcomings of many cryptocurrencies by aiming to make crypto relevant and find real-life implementation and mainstream use
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transforming crypto payments in physical stores. Introducing Pundi X Pay InStore QR Code, powered by Pundi AI for merchants. Accept crypto payments, One QR code and Multiple blockchain networks.
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Overview
Pundi X aims to create a borderless payment ecosystem that integrates digital currencies into everyday transactions. Its mission is to simplify cryptocurrency transactions, making them as accessible as traditional purchases. The project stands out with its flagship product, the XPOS, which enables retailers to accept both fiat and digital currencies seamlessly. Pundi X's unique value proposition lies in its comprehensive suite of blockchainpowered devices and solutions designed to transform retail businesses.
Key Features
XPOS: The world's first blockchainpowered wireless pointofsale (POS) for cryptocurrencies. XWallet: A mobile app that bridges regular digital asset wallets and the Pundi X payment ecosystem, allowing users to manage digital assets, make transfers, check balances, and topup supported cryptos. XPASS: A virtual card issued to every registered XWallet user for easy crypto transactions. AIpowered Omni QR Code: Recently introduced to facilitate seamless cryptocurrency payments in physical stores, supporting multiple blockchain networks. BOB: The world's first blockchain phone, showcasing Pundi X's innovation in blockchain technology.
Use Cases
Retail Transactions: Instantaneous instore transactions for both merchants and consumers. Loyalty Programs: Retailers can offer loyalty rewards and incentives to customers. Consumer Credit History: Establishment of consumer credit history through transaction records.
Recent Developments
AIpowered Omni QR Code: Introduced in July 2024, enhancing the accessibility and ease of cryptocurrency payments in physical stores. Circle Alliance Program: Joined the Circle Alliance Program, a global network focused on the future of finance, to build new connections and innovate with USDC and web3 technology. Governance Proposal #60: Launched an AI Innovation Fund to support AI projects and developers within the Function X ecosystem.
Market Impact
Increased Adoption: The introduction of the AIpowered Omni QR Code is likely to drive higher adoption rates among retailers and consumers, making crypto payments more mainstream. Enhanced Market Presence: Partnerships like the Circle Alliance Program position Pundi X as a forwardthinking player in the crypto space, potentially attracting more users and investors. Token Performance: Recent developments have led to a spike in the price of the $PUNDIX token, reflecting positive market sentiment.
Risks and Opportunities
Risks
Security Concerns: As with any blockchain project, security breaches or technical issues could pose significant risks. Market Competition: The crowded cryptocurrency market means Pundi X must continuously innovate to stay ahead.
Opportunities
Retail Transformation: Pundi X's solutions offer a unique opportunity to transform retail businesses, making them more efficient and cryptofriendly. Global Expansion: With products available in over 25 markets, there is significant potential for further global expansion and user adoption.
Community Engagement
Active Community: Pundi X has a vibrant community on platforms like Telegram and Twitter, where members actively discuss new integrations and developments. Engagement Strategies: Regular updates and governance proposals keep the community engaged and involved in decisionmaking processes.
Conclusion
Pundi X presents a compelling investment opportunity with its innovative approach to integrating cryptocurrencies into everyday retail transactions. The project's recent developments, such as the AIpowered Omni QR Code and joining the Circle Alliance Program, position it well for future growth. Traders should consider Pundi X's strong market presence, active community, and potential for global expansion when making investment decisions.
This is not a financial advice. Please do your own research and consider the risks of trading cryptocurrencies.