How Did Paxos Standard’s Price Fare Yesterday?
Paxos Standard is up by approximately 0.2% from the previous day, with its price currently hovering around $1.004 USD. This marked the the 2nd straight day Paxos Standard has been up; it is still in an uptrend, and is currently 0.27% above its 20 day moving average; staying above this level may be critical to sustain short-term momentum. In terms of an expected trading range, the Bollinger bands on Paxos Standard suggest price may bounce between $0.998251 and $1.004349 based on its momentum and volatility over the past 14 days. 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 $260 million US dollars.
Straight Off the Chain
1,542 transactions amongst holders of Paxos Standard occurred yesterday. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count increase by 0. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 2 out of the 41 Ethereum tokens we are tracking.
How are the Strong Holders of Paxos Standard Faring?
In terms of wealth concentration, the richest 1,000 wallets own 99.4% of the coin’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.
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 24, 2019, or approximately 1 days before. Over the past 30 days, we’ve seen open issues across Paxos Standard’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.07.
The Latest on Paxos Standard and Social Media
In the past day, Paxos Standard’s Twitter followers went up by 7, respectively. Traders interested in following Paxos Standard has the biggest presence on Twitter, where it has 2,175 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
