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Jan 29, 2021PIVX Weekly Market Update (January 22nd, 2021 - January 28th, 2021)

This week saw some massive changes and movement in the market. r/WSB and DOGE blazed the headlines, sending ripples into the rest of the Crypto markets.

Over the past 7 days:

PIVX this week also had their trading reopened at Binance and Bittrex (after being halted last week at PIVX recommendations, which successfully prevented an attack attempt). The average weekly volume dropped slightly, with 6% less volume compared to the prior week. The average weekly price decreased 9.2% over last week.  The average weekly marketcap also dipped, down 8.3% compared to last week. The daily USD value continued to experience a squeeze with a range of $0.03 over the week.

The Daily Volume for PIVX ranged between $455kk and $1.9M, with an Average Daily Volume of $885kk.  The total volume over this same 7 day period was $6.2M (Figure 1).

The Daily Total Marketcap for PIVX ranged between $24.0M and $26.5M, for with an Average Marketcap of $25.6M(Figure 1).  

The Daily USD Value for PIVX ranged between $0.38 and $0.41 with an Average USD price for the week of $0.39 (Figure 1).

The top three exchanges regarding trade volumes were:

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

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Bryan Doreian

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.