Paxos Standard Price Update
Paxos Standard is up by approximately 0.17% from the previous day, with its price currently hovering around $1.001 USD. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.04% below its 20 day moving average, and is currently in a down trend over the past 14 days. Paxos Standard’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.998455 and $1.004335. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
Where to trade Paxos Standard (symbol: PAX): Gate, Yobit, Binance, DDEX, Ethfinex
The market capitalization of Paxos Standard, or the amount of US dollars it would take to buy up all the circulating coins, is currently estimated to be $191 million.
Straight Off the Chain
1,140 transactions amongst holders of Paxos Standard occurred yesterday. In terms of estimating the number of holders, over the past day the total number of wallets holding Paxos Standard has gone up by approximately 109. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Paxos Standard ranked 6 out of the 32 Ethereum tokens we’re tracking.
How are the Strong Holders of Paxos Standard Faring?
In terms of wealth concentration, the richest 1,000 wallets own 99.4% of the coin’s total money supply. Paxos Standard’s smart contract owns approximately 0.06% 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 August 12, 2019, or about 11 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 0.03.
What’s Going on Social Media?
Traders interested in following Paxos Standard has the biggest presence on Facebook, where it has NA users engaged.
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
