Paxos Standard: What’s the Latest Regarding its Price?
Paxos Standard’s current price, at the time of this writing, is $1.001 USD, down by approximately 0.1% from the day prior. Yesterday’s down day is a reversal of the day before it; in terms of trend, though, note that the current price is now 0.03% below its 20 day moving average, and is currently in a unclear trend over the past 14 days. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $0.999356 and $1.003344 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.
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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 $233 million.
Straight Off the Chain
1,332 transactions amongst holders of Paxos Standard occurred yesterday. As for the number of holders, yesterday saw the number of wallets holding Paxos Standard rise by 72. To provide context, we’d rank this token as 10 out of the 36 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?
The top 1,000 Paxos Standard wallets hold over 99.09% of the token’s total money supply. Paxos Standard’s smart contract owns approximately 0.06% of its own total money supply. This amount hasn’t changed over the past week.
Technical Development Status
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 October 31, 2019, or approximately 11 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 0.07, respectively, over the past 30 days.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
