Paxos Standard Price Update
Paxos Standard’s current price, at the time of this writing, is $1.001 USD, down by approximately 0.1% from the day prior. The down day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.1% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $1.000061 and $1.004039 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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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 $259 million.
Daily Engagement Metrics Update
Over the past 24 hours, 3,681 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 144. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 3 out of the 30 Ethereum tokens we are tracking.
Observing Paxos Standard’s Richest Wallets
In terms of wealth concentration, the richest 1,000 wallets own 99.01% 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.
Technical Development Status
The last activity date on Paxos Standard’s GitHub repository was December 23, 2019, or about 18 days ago. 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.
Paxos Standard’s Social Media Presence
In the past day, Paxos Standard’s Twitter followers went up by 1, respectively. 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
