Paxos Standard Price Update
At the time of this writing, Paxos Standard has a price of $1.002 USD, which puts it up by approximately 0.2% from yesterday. This marked the the 2nd straight day Paxos Standard has been up; it is still in a unclear trend, and is currently 0.09% 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 $0.998766 and $1.003394 based on its momentum and volatility over the past 14 days. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading 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 $234M US dollars.
Straight Off the Chain
1,023 transactions amongst holders of Paxos Standard occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard rise by 106. To provide context, we’d rank this token as 5 out of the 30 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Paxos Standard’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 99.41% of the coin’s total money supply. As for the Paxos Standard’s smart contract itself, that owns 0.05% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
Paxos Standard hasn’t had any activity on any of its GitHub repos since August 12, 2019 — 25 days prior. To understand how code development is progressing, we observed the growth rates in the number of open issues and the number of users following Paxos Standard on GitHub; we found no growth in both of those metrics over the past 30 days, suggesting code is either being maintained elsewhere or code development as stopped.
Paxos Standard’s Social Media Presence
In the past day, Paxos Standard’s Twitter followers went up by 60, respectively. Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 1,918 users engaged. Here is the Twitter page for Paxos Standard.
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
