Paxos Standard: What’s the Latest Regarding its Price?
Paxos Standard’s current price, at the time of this writing, is $1 USD, up by approximately 0.1% from the day prior. This marked the the 2nd straight day Paxos Standard has been up; it is still in a downtrend, and is currently 0.11% below 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 $0.998477 and $1.003723 based on its momentum and volatility over the past 14 days. As we are closer to the bottom of that range, rangebound traders may wish to consider exploring buying opportunities.
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The currency’s market cap currently stands at $255 million US dollars.
Unusual Developments
The following metrics showed unusual change over the past 24 hours for Paxos Standard: holders added and transfers added. Further investigation may be warranted.
Daily Engagement Metrics Update
Over the past 24 hours, 2,640 transfers have been added to the blockchain recording transactions 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 0. To provide context, we’d rank this token as 7 out of the 31 Ethereum tokens in our index based on percentage growth in engagement over the past 7 days.
Just How Rich are Paxos Standard’s Richest Holders?
The top 1,000 Paxos Standard wallets hold over 99.45% of the token’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.
Technical Development Status
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 September 22, 2019, or approximately 7 days before. Over the past 30 days, we’ve seen open issues across Paxos Standard’s GitHub repositories grow by 0.03 per day on average, while the number of watchers has grown by 0.
What’s Going on Social Media?
If you are interested in following Paxos Standard on social media, Twitter, where it has 2,048 following it, may be a good place to start. 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
