Paxos Standard Price Update
At the time of this writing, Paxos Standard has a price of $0.9979 USD, which puts it down by approximately 0.2% from yesterday. Paxos Standard is currently in a down, and it should be noted that this is now the the 2nd consecutive day that price has been down. Moreover, Paxos Standard is now 0.23% below its 20 day moving average. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $0.998365 and $1.001955 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading 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 $193 million.
Unusual Developments
Since yesterday, Paxos Standard saw anomalous behavior in price. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
1,325 transactions amongst holders of Paxos Standard occurred yesterday. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count jump by 117. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 37 out of the 37 Ethereum tokens we are tracking.
How are the Strong Holders of Paxos Standard Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.6%. The percent of the currency that is owned by wallets that are both belonging to exchanges and in the top 1,000 richest wallets of the token comes out to 8.28% of the currency’s money supply. The week over week growth rate in the share of the total supply of the top 1,000 wallets has changed by 0%; as for the share of the total supply owned by exchange wallets within the top 1,000 wallets, that has changed by 0%. As for the Paxos Standard’s smart contract itself, that owns 0.05% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
Paxos Standard hasn’t had any activity on any of its GitHub repos since July 29, 2019 — 5 days prior. 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.
Paxos Standard’s Social Media Presence
In terms of social media presence, Paxos Standard saw its Twitter followers go up by 1 over the past 24 hours. Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 1,783 users engaged. 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
