Paxos Standard Price Update
At the time of this writing, Paxos Standard has a price of $1.005 USD, which puts it up by approximately 0.3% from yesterday. This marked the the 2nd day in a row Paxos Standard has been up; it is still in a unclear trend, and is currently 0.19% 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 $0.999526 and $1.006574. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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As for Paxos Standard’s market cap, it is currently at about $237M US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 1,104 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 107. To provide context, we’d rank this token as 13 out of the 34 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 99.23% 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.
Technical Development Status
In terms of how active the software development team working on Paxos Standard is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on December 02, 2019, or approximately 7 days before. 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?
Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 2,340 users engaged. 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
