How Did Paxos Standard’s Price Fare Yesterday?
Paxos Standard is down by approximately 0.1% from the previous day, with its price currently hovering around $1 USD. 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% above its 20 day moving average, and is currently in an up trend over the past 14 days. Paxos Standard’s expected trading range — as forecasted by the Bollinger bands indicator, which determines a range based on momentum and volatility over the past two weeks — is between $0.997898 and $1.002102. Given its boundaries, rangebound traders may find it compelling to entertain other, as we are nearer to the midpoint of the range.
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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 $256 million.
Paxos Standard’s Surprises of the Day
Since yesterday, Paxos Standard saw anomalous behavior in transfers added. It may be worth looking into the causes of this a bit more.
Update on Transactions and Holders
Yesterday saw -277,359 transfers 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 38. To provide context, we’d rank this token as 35 out of the 35 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?
The top 1,000 Paxos Standard wallets hold over 99.43% of the token’s total money supply. 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.
Technical Development Status
Paxos Standard hasn’t had any activity on any of its GitHub repos since October 08, 2019 — 7 days prior. Over the past 30 days, we’ve seen no growth in open issues or in the number of watchers on GitHub. This may suggest GitHub is not being used, or the code is not being maintained.
Paxos Standard’s Social Media Presence
In the past day, Paxos Standard’s Twitter followers went up by 15, respectively. Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
