January 14, 2020: Paxos Standard (PAX): Down 0.08%; 2nd Consecutive Down Day

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Paxos Standard Price Update

Paxos Standard’s current price, at the time of this writing, is $0.9992 USD, down by approximately 0.08% from the day prior. This marked the the 2nd day in a row Paxos Standard has been down; it is still in a downtrend, and is currently 0.22% below its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $0.998065 and $1.004745 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.

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.

The currency’s market cap currently stands at $233 million US dollars.

Update on Transactions and Holders

Over the past 24 hours, 3,768 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 19. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Paxos Standard ranked 6 out of the 29 Ethereum tokens we’re tracking.

Observing Paxos Standard’s Richest Wallets

Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.41%. As for the Paxos Standard’s smart contract itself, that owns 0.06% of the total money supply, an amount unchanged from the week prior.

How Much Development is Occurring?

The last activity date on Paxos Standard’s GitHub repository was December 23, 2019, or about 22 days ago. Over the past 30 days, we’ve seen open issues across Paxos Standard’s GitHub repositories grow by 0 per day on average, while the number of watchers has grown by 0.03.

The Latest on Paxos Standard and Social Media

In terms of social media presence, Paxos Standard saw its Twitter followers go up by 5 over the past 24 hours. If you are interested in following Paxos Standard on social media, Twitter, where it has 2,467 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

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