Paxos Standard Price Update
Paxos Standard is up by approximately 0.2% from the previous day, with its price currently hovering around $1.002 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 42.99% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Paxos Standard imply the currency may oscillate between $0.699093 and $0.702407, based on how price has behaved in the two weeks prior. 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 $196M US dollars.
Paxos Standard’s Surprises of the Day
Since yesterday, Paxos Standard saw anomalous behavior in price. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Over the past 24 hours, 949 transfers have been added to the blockchain recording transactions amongst holders of Paxos Standard. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count increase by 100. To provide context, we’d rank this token as 8 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Paxos Standard Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.47%. Paxos Standard’s smart contract owns approximately 0.06% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
The last activity date on Paxos Standard’s GitHub repository was August 12, 2019, or about 15 days ago. To understand how code development is progressing, we can observe growth rates over the past 30 days in the number of open issues and the number of watchers: open issuers have been growing at about 0 per day, while the number of followers watching Paxos Standard’s repositories is growing by 0.03.
What’s Going on Social Media?
If you are interested in following Paxos Standard on social media, Twitter, where it has 1,842 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
