The PIVX Network has 2016 Active MASTERNODE, which lock up 20.72% of the Token's supply. The estimated Annual Reward for these #masternodes is 15.65%, providing an Incentive for Token Holders.
Positive Community sentiment regarding #masternode Incentives and increased Privacy Regulation may also be contributing factors in Token's surge volume.
The overall Community sentiment is mixed, with some optimistic Traders and Technical signals seeing a bullish opportunity in Long Term, while some Technical Analysts advise Bearish indicators in the short term.
The recent price swings illustrate the high volatility of $PIVX , and this risk should be factored into your Investment strategy.