August 7, 2019: Paxos Standard (PAX): Down 0.08%; Surprising Moves In Holders Added

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Paxos Standard Price Update

At the time of this writing, Paxos Standard has a price of $0.9992 USD, which puts it down by approximately 0.08% from yesterday. The down day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.08% below 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 $0.997929 and $1.002091. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

Where to trade Paxos Standard (symbol: PAX): Gate, Yobit, Binance, DDEX, Ethfinex

The currency’s market cap currently stands at $207 million US dollars.

Unusual Developments

The following metrics showed unusual change over the past 24 hours for Paxos Standard: holders added. Further investigation may be warranted.

Straight Off the Chain

Yesterday saw 1,769 transfers amongst holders of Paxos Standard. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count jump by 447. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Paxos Standard ranked 2.5 out of the 37 Ethereum tokens we’re tracking.

Observing Paxos Standard’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.45%. Paxos Standard’s smart contract owns approximately 0.05% of its own total money supply. This amount hasn’t changed over the past week.

Technical Development Status

Paxos Standard hasn’t had any activity on any of its GitHub repos since July 29, 2019 — 9 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 the past day, Paxos Standard’s Twitter followers went up by 3, respectively. 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

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