Paxos Standard Price Update
Paxos Standard’s current price, at the time of this writing, is $1.002 USD, up by approximately 0.24% from the day prior. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price 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. 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 $0.998357 and $1.003743. Price’s current proximity to the top of the range may make selling an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $259 million US dollars.
Daily Engagement Metrics Update
Yesterday we did not see any transfers amongst holders of Paxos Standard. In terms of estimating the number of holders, over the past day the total number of wallets holding Paxos Standard has gone down by approximately 0. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 2 out of the 35 Ethereum tokens we are tracking.
How are the Strong Holders of Paxos Standard Faring?
The top 1,000 Paxos Standard wallets hold over 99.4% 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.
How Much Development is Occurring?
Paxos Standard hasn’t had any activity on any of its GitHub repos since October 21, 2019 — 3 days prior. 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 0.07.
The Latest on Paxos Standard and Social Media
Social media growth, in terms of Twitter followers, came in at up 10 over the past day for Paxos Standard. Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 2,168 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
