Paxos Standard: What’s the Latest Regarding its Price?
Paxos Standard is up by approximately 0.1% from the previous day, with its price currently hovering around $1.002 USD. The up day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 5.32% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.415827 and $1.487023. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
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 $191 million.
Update on Transactions and Holders
1,284 transactions amongst holders of Paxos Standard occurred yesterday. 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 107. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 6 out of the 34 Ethereum tokens we are tracking.
Observing Paxos Standard’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.41% 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.
How Active are the Software Developers?
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 10 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.
The Latest on Paxos Standard and Social Media
Facebook appears to be the most popular place to follow the company, and thus may be worth monitoring.
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
