August 8, 2019: Paxos Standard (PAX): Up 0.03%

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How Did Paxos Standard’s Price Fare Yesterday?

Paxos Standard’s current price, at the time of this writing, is $0.9995 USD, up by approximately 0.03% from the day prior. The up day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.05% below 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 $0.998068 and $1.002002, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom 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 $204 million.

Update on Transactions and Holders

Yesterday saw 1,909 transfers 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 256. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 3.5 out of the 36 Ethereum tokens we are tracking.

Observing Paxos Standard’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.42%. 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 Much Development is Occurring?

The last activity date on Paxos Standard’s GitHub repository was July 29, 2019, or about 10 days ago. 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.

What’s Going on Social Media?

In the past day, Paxos Standard’s Twitter followers went up by 1, respectively. If you are interested in following Paxos Standard on social media, Twitter, where it has 1,788 following it, may be a good place to start. 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

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