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    Pax Dollar

    USDP

    Rank #458

    $0.9995

    +0.061%
    24H Low$0.9915
    $124H High
    24H Volume
    $4.14 M
    All-Time High(ATH)
    $1.13
    All-Time Low(ATL)
    $0.8635
    Market Cap
    $147.65 M
    Fully Diluted Valuation
    $147.65 M
    Market Cap/FDV
    100%
    Circulating Supply
    147.74 M USDP
    Total Supply
    147.73 M USDP
    Max Supply
    Market Sentiment
    Positive
    * Data from 3rd parties

    Pax Dollar (USDP) Price Trends

    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%

    Team Members

    安德鲁张

    安德鲁张

    Dorothy Chang

    Dorothy Chang

    Seth Phillips

    Seth Phillips

    Daniel Burstein

    Daniel Burstein

    Investors

    Coinbase Ventures

    Coinbase Ventures

    Multicoin Capital

    Multicoin Capital

    Digital Currency Group (DCG)

    Digital Currency Group (DCG)

    Founders Fund

    Founders Fund

    PayPal Ventures

    PayPal Ventures

    Raptor Capital

    Raptor Capital

    Declaration Partners

    Declaration Partners

    Oak HC/FT

    Oak HC/FT

    Live Pax Dollar (USDP) Price Update

    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 458.

    About Pax Dollar (USDP)

    Founded in September of 2018, Pax Dollar is a flat-collateralized stablecoin. Stablecoins are cryptocurrencies that are designed to minimize the volatility of the price of the stablecoin, relative to a certain stable asset or a basket of assets. A stablecoin can be pegged to a cryptocurrency or flat money. In some cases, it can even be traded for commodities. Pax Dollar offers the advantage of transacting with blockchain assets through minimized price risk. The Pax Dollar tokens are issued as ERC-20 tokens on the Ethereum blockchain and are collateralized 1:1 through the USD held in Paxos-owned US bank accounts.

    FAQs

    1. What determines the price movement of Pax Dollar?

    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.

    Pax Dollar Tokenomics

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    Pax Dollar Analysis

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