How Did Paxos Standard’s Price Fare Yesterday?
At the time of this writing, Paxos Standard has a price of $1 USD, which puts it down by approximately 0.3% from yesterday. Paxos Standard is currently in a unclear , but it should be noted that this is now the the 3rd day in a row that price has been down. Moreover, Paxos Standard is now 42.81% above its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $-0.326747 and $1.727187 based on its momentum and volatility over the past 14 days. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
Where to trade Paxos Standard (symbol: PAX): Gate, Yobit, Binance, DDEX, Ethfinex
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 $185 million.
Straight Off the Chain
Over the past 24 hours, 1,527 transfers have been added to the blockchain recording transactions amongst holders of Paxos Standard. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard rise by 132. To provide context, we’d rank this token as 5 out of the 35 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Paxos Standard’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.33% of the coin’s total money supply. As for the Paxos Standard’s smart contract itself, that owns 0.07% of the total money supply, an amount unchanged from the week prior.
How Much Development is Occurring?
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 12, 2019, or approximately 3 days before. 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 0.03, respectively, over the past 30 days.
The Latest on Paxos Standard and Social Media
Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 1,818 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
