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PundiX (NPXS) surges 130% in two days: What's driving the rally? NPXS has rallied 130% in just two days after PundiX CEO confirmed staking and token reduction. NPXS, the native token of PundiX, a cryptocurrency point of sale (PoS) solution provider, has seen a massive surge in price over the past 48 hours. In merely two days, the price of NPXS rose by more than 130% on Binance, outperforming most major cryptocurrencies on the exchange. There are three key reasons behind the rally: the launch of token staking, token reduction, and the overall positive sentiment around the altcoin market. On March 13, Zac Cheah, the CEO of PundiX, reaffirmed that token reduction and staking for NPXS is happening later this month. When the supply of a token is reduced, it immediately acts as a catalyst because it typically pushes up the price if demand remains the same. PundiX is reducing its token supply to a 1000:1 ratio and rebranding the native token from NPXS to PUNDIX. The rebranding is fueling the overall increase in interest in NPXS, considering that the token has been consolidating for a prolonged period. Let's keep pumping the market guys Guys Stay Bullish, Stay Humble, Stay Put #pundix #pundi #nxps #nftcoin #nft #nftcoins #nfts #altcoinfeeds #altcoinseason #altcoinarmy #altcoindaily #altcoingenius #altcointrading #altcoinnews https://www.instagram.com/p/CMpxjYag59b/?igshid=11amjxatehmlq