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 past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 0.08% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $0.99982 and $1.00578 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $233 million US dollars.
Straight Off the Chain
Over the past 24 hours, 3,008 transfers have been added to the blockchain recording transactions 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 69. To provide context, we’d rank this token as 8 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Observing Paxos Standard’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.13% of the coin’s total money supply. Paxos Standard’s smart contract owns approximately 0.05% of its own total money supply. This amount hasn’t changed over the past week.
How Much Development is Occurring?
Paxos Standard hasn’t had any activity on any of its GitHub repos since December 11, 2019 — 2 days prior. 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
If you are interested in following Paxos Standard on social media, Twitter, where it has 2,357 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
