Paxos Standard Price Update
At the time of this writing, Paxos Standard has a price of $1 USD, which puts it up by approximately 0.1% from yesterday. The up day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.06% below its 20 day moving average. Over the past two weeks, price has been in a down trend. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $0.997067 and $1.004233 based on its momentum and volatility over the past 14 days. Price’s current proximity to the bottom of the range may make buying an attractive opportunity to traders interested in trading the range.
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The currency’s market cap currently stands at $244 million US dollars.
Daily Engagement Metrics Update
3,615 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 110. Our engagement rank, which combines weekly percentage growth in number of holders and number of transfers, has Paxos Standard ranked 7 out of the 36 Ethereum tokens we’re tracking.
Just How Rich are Paxos Standard’s Richest Holders?
In terms of wealth concentration, the richest 1,000 wallets own 99.16% of the coin’s total money supply. 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.
How Much Development is Occurring?
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 7 days before. 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 0.07.
Paxos Standard’s Social Media Presence
Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 2,248 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
