December 3, 2019: Paxos Standard (PAX): Down 0.27%; 4th Straight Down Day

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Paxos Standard Price Update

Paxos Standard’s current price, at the time of this writing, is $0.9993 USD, down by approximately 0.27% from the day prior. Paxos Standard enters the day 0.34% below its 20 day moving average, and is experiencing its the 4th straight day down. 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 $0.998316 and $1.007014. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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As for Paxos Standard’s market cap, it is currently at about $238M US dollars.

Daily Engagement Metrics Update

1,323 transactions amongst holders of Paxos Standard occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard rise by 43. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Paxos Standard ranked 7 out of the 34 Ethereum tokens we’re tracking.

How are the Strong Holders of Paxos Standard Faring?

In terms of wealth concentration, the richest 1,000 wallets own 99.2% of the coin’s total money supply. 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.

Technical Development Status

Paxos Standard hasn’t had any activity on any of its GitHub repos since December 02, 2019 — 1 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.

What’s Going on Social Media?

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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