From volatile price swings to masternode updates, the crypto space moves fast. We’ve distilled all the major developments and community buzz into one digestible read. Let’s dive into this week’s Pulse.
Market Pulse
- Masternode Count: The PIVX network is bouncing back. This week, we saw the number of active masternodes climb from 2,064 to 2,074, fully recovering the dip from the previous week. This upward trend highlights the steady commitment of our node operators.
- Price Check: PIVX remains in a sideways trend, holding the $0.08 to $0.09 support level for another week. While the daily price remains steady, the weekly average dipped to $0.0837, a 3.01% decrease from the previous week’s $0.0863. Although the broader market showed signs of life, with Bitcoin and Ethereum posting modest single-digit gains over the last seven days, caution is advised. In my opinion, this broader recovery is a potential bull trap rather than a definitive trend reversal.
- Trading Buzz: We saw a slight boost in trading performance this week, with total volume rising from $14.4 million to $14.9 million. This 3.47% growth in activity indicates that the “wait-and-see” approach of previous weeks may be shifting toward active trading and accumulation.
Written by Clement Saudu
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