How Did Paxos Standard’s Price Fare Yesterday?
At the time of this writing, Paxos Standard has a price of $1.003 USD, which puts it up by approximately 0.2% 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 0.25% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $0.997356 and $1.003564, based on how price has behaved in the two weeks prior. Price’s current proximity to the top of the range may make shorting an attractive opportunity to traders interested in trading the range.
Where to trade Paxos Standard (symbol: PAX): Gate, Yobit, Binance, DDEX, Ethfinex
The currency’s market cap currently stands at $199 million US dollars.
What Anamolies Occurred Since Yesterday?
Since yesterday, Paxos Standard saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
3,463 transactions amongst holders of Paxos Standard occurred yesterday. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count increase by 139. To provide context, we’d rank this token as 7 out of the 70 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 99.38% of the coin’s total money supply. As for the Paxos Standard’s smart contract itself, that owns 0.06% 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 August 09, 2019, or approximately 3 days before. Over the past 30 days, we’ve seen open issues across Paxos Standard’s GitHub repositories grow by 0 per day on average, while the number of watchers has grown by 0.03.
The Latest on Paxos Standard and Social Media
Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 1,792 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
