How Did Paxos Standard’s Price Fare Yesterday?
At the time of this writing, Paxos Standard has a price of $1.004 USD, which puts it up by approximately 0.3% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.24% above its 20 day moving average, and is currently in a unclear 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 $0.998454 and $1.004806. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
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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 $243 million.
Update on Transactions and Holders
Yesterday saw 1,632 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 up by approximately 61. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 4 out of the 36 Ethereum tokens we are tracking.
Just How Rich are Paxos Standard’s Richest Holders?
The top 1,000 Paxos Standard wallets hold over 99.15% of the token’s total money supply. Paxos Standard’s smart contract owns approximately 0.05% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
Paxos Standard hasn’t had any activity on any of its GitHub repos since October 31, 2019 — 4 days prior. Growth rates for open issues — a “”to-do list”” of sorts and watchers (“”subscribers”” following a code repository) for Paxos Standard are growing by 0 and 0.07, respectively, over the past 30 days.
What’s Going on Social Media?
If you are interested in following Paxos Standard on social media, Twitter, where it has 2,234 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
