January 11, 2020: Paxos Standard (PAX): Up 0.1%

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Paxos Standard Price Update

At the time of this writing, Paxos Standard has a price of $1.001 USD, which puts it up by approximately 0.1% 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 0.1% below 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 $0.999106 and $1.004894. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.

Get your analysis of Paxos Standard (PAX) here on CryptoCoin.news. And for daily analysis and recaps of the 5 major cryptocurrencies, visit CFDTrading.com.

As for Paxos Standard’s market cap, it is currently at about $244M US dollars.

Update on Transactions and Holders

No 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 down by approximately 0. To provide context, we’d rank this token as 5 out of the 29 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.

Just How Rich are Paxos Standard’s Richest Holders?

Of the coin’s total money supply, the richest 1,0000 wallets currently own 93.13%. 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.

Technical Development Status

Paxos Standard hasn’t had any activity on any of its GitHub repos since December 23, 2019 — 19 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.

Paxos Standard’s Social Media Presence

If you are interested in following Paxos Standard on social media, Twitter, where it has 2,459 following it, may be a good place to start. 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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