$0.9995
Time period | Change amount | % Change |
---|---|---|
1H | $-0.001299 | -0.13% |
24H | $+0.0006097 | +0.061% |
7D | $+0.0002399 | +0.024% |
30D | $+0.0001599 | +0.016% |
1Y | $-0.001799 | -0.18% |
Pax Dollar price today is $0.9995 with a 24-hour trading volume of $4.14 M, and as such Pax Dollar has a market cap of $147.65 M, giving it a market dominance of 0.0051%. The Pax Dollar price moved 0.06100% in the last 24 hours.
Pax Dollar reached its highest price on 2018-10-15 when it was trading at its all-time high of $1.13, while its lowest price was recorded on 2021-05-19 when it was trading at its all-time low of $0.8635. The current lowest price since the last cycle high was $0.8635, and the highest price since the last cycle low was $1.13. The social sentiment of Pax Dollar is currently Positive.
The current circulating supply of Pax Dollar is $147.74 M USDP. In terms of market cap, Pax Dollar is currently ranked 459.
There are two schools of thought in determining the price of Pax Dollar.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Pax Dollar, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Pax Dollar from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Pax Dollar on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Pax Dollar as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Pax Dollar and the cryptocurrency market as a whole.
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