Review on GoldenPyrex by Othere Obtentus

Name: GoldenPyrex
Item: GoldenPyrex
Rating: 1

August 19, 2020

Irrelevant in the market

PyrexCoin is a MultiPlatform Software that is available for Windows, Mac, Linux, Android, IOS but as it is open source, it can be compiled for other Platforms as Well. PyrexCoin enables untraceable truly anonymous  transactions and encrypted information transfers in decentralized p2p network so PYX transactions are unlinkable.
The project had some major benefits over other competing networks but it has failed to sustain in the market in current times. There are several reasons of it to go cold in the market and some of them are described below.
The project was developed by an anonymous team and its whitepaper is very vague and not much informative. The project could not fully realize its roadmap and only went half way through. There has not been much update about the project since 2019. Due to its low performance and poor market interest PyrexCoin was rebranded to Goldenpyrex but even after the rebranding the coin failed to generate any interest and hasn't been much active in the market.
The rebranded GPYX has no trading volume in the last 24 hours and the total coins circulating in this period is also 0. It is listed in only one exchange but has no active trades in that either. Looking into its price chart, the price has some fluctuations between years but most of the time it lies absolutely dormant indicating that there are not many market interactions over the years of its operation. Its twitter account is also suspended due to violation of rules which makes this project more skeptical.
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