Paxos Standard: What’s the Latest Regarding its Price?
At the time of this writing, Paxos Standard has a price of $1.001 USD, which puts it up by approximately 0.1% from yesterday. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a down trend, and is currently 0.06% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $0.999124 and $1.001616 based on its momentum and volatility over the past 14 days. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
Where to trade Paxos Standard (symbol: PAX): Gate, Yobit, Binance, DDEX, Ethfinex
As for Paxos Standard’s market cap, it is currently at about $190M US dollars.
Paxos Standard’s Surprises of the Day
Since yesterday, Paxos Standard saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
2,753 transactions amongst holders of Paxos Standard occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard jump by 253. To provide context, we’d rank this token as 37 out of the 37 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Paxos Standard’s Richest Wallets
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.59%. If we focus on exchanges, which may be an correlated with liquidity and greater confidence in the currency, the exchange wallets that are in the top 1,000 wallets own 7.57% of the currency’s total money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0.07%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by -3.1%. Paxos Standard’s smart contract owns approximately 0.05% of its own total money supply. This amount hasn’t changed over the past week.
Technical Development Status
The last activity date on Paxos Standard’s GitHub repository was July 29, 2019, or about 4 days ago. Over the past 30 days, we’ve seen open issues across Paxos Standard’s GitHub repositories grow by 0 per day on average, while the number of watchers has grown by 0.07.
The Latest on Paxos Standard and Social Media
Social media growth, in terms of Twitter followers, came in at up 3 over the past day for Paxos Standard. If you are interested in following Paxos Standard on social media, Twitter, where it has 1,782 following it, may be a good place to start. Use this link to follow Paxos Standard on Twitter.
Where to Buy
You can trade Paxos Standard, listed under the symbol PAX, through the following exchanges: Gate, Yobit, Binance, DDEX, Ethfinex.
Article by SixJupiter
