PCX Continues Its Steady Climb as Polkadot Goes Live

PCX Continues Its Steady Climb as Polkadot Goes Live

By tipplenurkey | Proven Passive | 26 Aug 2020


   As of the time of this article's posting, PCX clocks in at $9.40USD, up over 15% from $8 in the last 24 hours.  Polkadot, the system upon which ChainX is built, is now live, certainly contributing to the ongoing rise in value of PCX as DOT itself is up over 20% in the last 24 hours as well, with a value of $6.16.  The loss of lockup BTC and Shadow DOT mining in the ChainX Asset Management dapp seems to have had little, if any, negative impact on the value of PCX, much to my personal delight, as the 82 PCX I purchased at $2.80 are now worth ~$771 in total.

   If you are waiting for the right time to invest in PCX, I believe you are looking at it.  The inter-chain exchange project promises to be a highly desirable and therefore valuable innovation in the world of decentralized finance, where the current estimated number of cryptocurrencies in existence exceeds 6000 and each of them is currently locked into whatever transaction chain system within which it was created.  ChainX seeks to change this restrictive system by providing crypto users with an exchange system that allows any coin or token on any chain to be moved through a unified system and stored at a single wallet address.  I am particularly interested to see the project expand beyond just BTC as ChainX 3.0 goes live, which is supposed to be happening some time this year.


tipplenurkey
tipplenurkey

Disabled veteran, father of 7 and crypto investor with a natural talent for research and a God-given gift with numbers.


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