Paxos Standard: What’s the Latest Regarding its Price?
Paxos Standard’s current price, at the time of this writing, is $1.001 USD, down by approximately 0.2% from the day prior. The down day for Paxos Standard yesterday was a reversal from the day before it, which puts its price at 0.02% above its 20 day moving average. Over the past two weeks, price has been in a unclear trend. 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 $0.997902 and $1.003598, based on how price has behaved in the two weeks prior. Given its boundaries, rangebound traders may find it compelling to entertain selling, as we are nearer to the top of the range.
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The currency’s market cap currently stands at $260 million US dollars.
Update on Transactions and Holders
1,182 transactions amongst holders of Paxos Standard occurred yesterday. Regarding a tally of holders, Yesterday saw Paxos Standard’s wallet count rise by 59. If we observe percentage growth in holders and transfers, we find that Paxos Standard ranks 5 out of the 32 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 99.46% 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.
Technical Development Status
The last activity date on Paxos Standard’s GitHub repository was October 03, 2019, or about 1 days ago. To understand how code development is progressing, we observed the growth rates in the number of open issues and the number of users following Paxos Standard on GitHub; we found no growth in both of those metrics over the past 30 days, suggesting code is either being maintained elsewhere or code development as stopped.
What’s Going on Social Media?
Twitter appears to be the most popular place to follow the company, and thus may be worth monitoring. 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
