Paxos Standard: What’s the Latest Regarding its Price?
At the time of this writing, Paxos Standard has a price of $1.003 USD, which puts it up by approximately 0.37% from yesterday. 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 0.03% above its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.998412 and $1.007018. Given its boundaries, rangebound traders may find it compelling to entertain shorting, as we are nearer to the top of the range.
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The currency’s market cap currently stands at $243 million US dollars.
Daily Engagement Metrics Update
1,223 transactions amongst holders of Paxos Standard occurred yesterday. 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 52. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 5 out of the 35 Ethereum tokens we are tracking.
Observing Paxos Standard’s Richest Wallets
The top 1,000 Paxos Standard wallets hold over 99.22% of the token’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 Active are the Software Developers?
Paxos Standard hasn’t had any activity on any of its GitHub repos since December 02, 2019 — 2 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.
The Latest on Paxos Standard and Social Media
Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 2,324 users engaged. 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