Paxos Standard Price Update
At the time of this writing, Paxos Standard has a price of $1 USD, which puts it down by approximately 0.2% from yesterday. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 42.73% 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 $0.165551 and $1.235669, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain shorting, 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 $195 million.
Update on Transactions and Holders
1,589 transactions amongst holders of Paxos Standard occurred yesterday. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count rise by 118. To provide context, we’d rank this token as 7 out of the 32 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?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.41%. Paxos Standard’s smart contract owns approximately 0.06% of its own total money supply. This amount hasn’t changed over the past week.
Technical Development Status
The last activity date on Paxos Standard’s GitHub repository was August 12, 2019, or about 14 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
Social media growth, in terms of Twitter followers, came in at up 5 over the past day for Paxos Standard. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. You can follow Paxos Standard on Twitter here.
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
