How Did Paxos Standard’s Price Fare Yesterday?
Paxos Standard’s current price, at the time of this writing, is $1.001 USD, down by approximately 0.1% from the day prior. The down day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.05% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.998651 and $1.002319, 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 $190 million US dollars.
Daily Engagement Metrics Update
Over the past 24 hours, 1,245 transfers have been added to the blockchain recording transactions 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 108. To provide context, we’d rank this token as 7 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Paxos Standard Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.39%. The underlying smart contract itself for Paxos Standard owns 0.06% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
The last activity date on Paxos Standard’s GitHub repository was August 12, 2019, or about 9 days ago. 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.
Paxos Standard’s Social Media Presence
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
