Paxos Standard: What’s the Latest Regarding its Price?
Paxos Standard’s current price, at the time of this writing, is $1.002 USD, up by approximately 0.1% from the day prior. The up day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.02% below its 20 day moving average. Over the past two weeks, price has been in a unclear trend. Traders looking for a range to trade within may wish to note that the Bollinger bands (a price indicator based on recent momentum and volatility) for Paxos Standard imply the currency may oscillate between $1.000801 and $1.003599, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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The currency’s market cap currently stands at $266 million US dollars.
Unusual Developments
Since yesterday, Paxos Standard saw anomalous behavior in holders added. It may be worth looking into the causes of this a bit more.
Straight Off the Chain
7,331 transactions amongst holders of Paxos Standard occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard jump by 326. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 4 out of the 32 Ethereum tokens we are tracking.
How are the Strong Holders of Paxos Standard Faring?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 99.05%. As for the Paxos Standard’s smart contract itself, that owns 0.05% of the total money supply, an amount unchanged from the week prior.
How Active are the Software Developers?
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 23, 2019, or approximately 17 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
Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 2,458 users engaged. You can follow Paxos Standard on Twitter here.
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
