Paxos Standard Price Update
Paxos Standard is down by approximately 0.2% from the previous day, with its price currently hovering around $0.999 USD. The past 24 hours mark a reversal in price from the day prior; it should be noted, though, that price is still in a unclear trend, and is currently 0.22% below its 20 day moving average. Staying above this level may be critical to sustain short-term momentum. 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 $0.998216 and $1.004114, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain buying, as we are nearer to the bottom of the range.
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The currency’s market cap currently stands at $262 million US dollars.
Daily Engagement Metrics Update
1,661 transactions amongst holders of Paxos Standard occurred yesterday. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count rise by 0. To provide context, we’d rank this token as 3 out of the 32 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?
Of the coin’s total money supply, the richest 1,0000 wallets currently own 98.18%. 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 24, 2019 — 5 days prior. 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
If you are interested in following Paxos Standard on social media, Twitter, where it has 2,186 following it, may be a good place to start. Here is the Twitter page for Paxos Standard.
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
