How Did Paxos Standard’s Price Fare Yesterday?
At the time of this writing, Paxos Standard has a price of $1.003 USD, which puts it up by approximately 0.1% from yesterday. Yesterday’s up day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.04% above its 20 day moving average, and is currently in a unclear trend over the past 14 days. 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 $0.999299 and $1.005801. As we are closer to the top of that range, rangebound traders may wish to consider exploring selling opportunities.
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The currency’s market cap currently stands at $235 million US dollars.
Straight Off the Chain
Over the past 24 hours, 1,022 transfers have been added to the blockchain recording transactions amongst holders of Paxos Standard. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard jump by 49. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Paxos Standard ranked 10 out of the 34 Ethereum tokens we’re tracking.
Observing Paxos Standard’s Richest Wallets
The top 1,000 Paxos Standard wallets hold over 99.23% of the token’s total money supply. The underlying smart contract itself for Paxos Standard owns 0.05% of the total money supply; over the past week, this amount has not changed.
How Much Development is Occurring?
In terms of how active the software development team working on Paxos Standard is, it may be worth observing that the last time any work pertaining to code was done on their GitHub code repository was on December 02, 2019, or approximately 4 days before. 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 6, respectively. If you are interested in following Paxos Standard on social media, Twitter, where it has 2,328 following it, may be a good place to start. Use this link to follow Paxos Standard on Twitter.
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
