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Feb 12, 2021PIVX Weekly Market Update (February 5th, 2021 - February 11th, 2021)

This past week continued to see positive sentiment for PIVX rise. Reddit and twitter engagements have seen a drastic uptick. A new interview of Bryan “Snappy” Doreian by Alex Saunders of Nuggets news quickly made the rounds, providing wider access to understand PIVX’s new Financial Data Protection protocol, SHIELD. All of this combined helped PIVX remain at the top of reddit cryptocurrency groups. As a result, the average weekly volume remained strong, with a 3.3% increase in volume compared to the prior week, which had seen a 100%+ growth already. The average weekly price also pushed higher, rising 12% over last week. The average weekly marketcap also pushed higher, up 11.5% compared to last week. The daily USD value narrowed a bit, closing to a $0.06 spread over the week.

Over the past 7 days:

The Daily Volume for PIVX ranged between $1.01M and $4.28M, with an Average Daily Volume of $1.98M.  The total volume over this same 7 day period was $13.8M (Figure 1).

The Daily Total Marketcap for PIVX ranged between $34.1M and $39.9M, for with an Average Marketcap of $36.4M(Figure 1).  

The Daily USD Value for PIVX ranged between $0.52 and $0.59 with an Average USD price for the week of $0.56 (Figure 1).

The top three exchanges regarding trade volumes were:

  1. Binance (PIX/BTC)
  2. Bithumb (PIVX/KRW)
  3. Binance (PIVX/ETH)

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Bryan Doreian

Advisor

Serial entrepreneur and blockchain advisor (circa 2012). Founder of Wysebridge, elev3n & Vendible. Currently splits his time building infrastructure for humanity while stewarding a tiny homestead with his family in eastern Pennsylvania.

SnappySnap#8204

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