Paxos Standard Price Update
Paxos Standard’s current price, at the time of this writing, is $1.001 USD, up by approximately 0.24% from the day prior. The up day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.07% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.998871 and $1.001689, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
Trade Paxos Standard (PAX) and over 500 other cryptos across ten different exchanges — all from one app. Try Quadency.
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 $255 million.
Unusual Developments
Since yesterday, Paxos Standard saw anomalous behavior in price. It may be worth looking into the causes of this a bit more.
Daily Engagement Metrics Update
Over the past 24 hours, 988 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 rise by 27. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 4 out of the 32 Ethereum tokens we are tracking.
Observing Paxos Standard’s Richest Wallets
The top 1,000 Paxos Standard wallets hold over 99.47% of the token’s total money supply. The underlying smart contract itself for Paxos Standard owns 0.05% of the total money supply; over the past week, this amount has not changed.
Technical Development Status
The last activity date on Paxos Standard’s GitHub repository was September 22, 2019, or about 8 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 0.03 per day, while the number of followers watching Paxos Standard’s repositories is growing by 0.
What’s Going on Social Media?
If you are interested in following Paxos Standard on social media, Twitter, where it has 2,048 following it, may be a good place to start. You can follow Paxos Standard on Twitter here.
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
