How Did Paxos Standard’s Price Fare Yesterday?
Paxos Standard’s current price, at the time of this writing, is $1.006 USD, up by approximately 0.3% from the day prior. Paxos Standard is currently in an up, and it should be noted that this is now the the 2nd straight day that price has been up. Moreover, Paxos Standard is now 0.44% above its 20 day moving average. 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 $0.998379 and $1.004821, based on how price has behaved in the two weeks prior. As we are closer to the top of that range, rangebound traders may wish to consider exploring shorting opportunities.
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The currency’s market cap currently stands at $210 million US dollars.
Daily Engagement Metrics Update
859 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 up by approximately 75. To provide context, we’d rank this token as 2.5 out of the 33 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
How are the Strong Holders of Paxos Standard Faring?
In terms of wealth concentration, the richest 1,000 wallets own 98.98% of the coin’s total money supply. The underlying smart contract itself for Paxos Standard owns 0.06% of the total money supply; over the past week, this amount has not changed.
How Active are the Software Developers?
The last activity date on Paxos Standard’s GitHub repository was November 24, 2019, or about 1 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 -0.03 per day, while the number of followers watching Paxos Standard’s repositories is growing by -0.03.
The Latest on Paxos Standard and Social Media
Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 2,320 users engaged. 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
