Could you please clarify for me the current market capitalization of Paxos USD? I'm curious to understand how it compares to other major cryptocurrencies and stablecoins in the market. Additionally, could you provide any insights into the factors that may be influencing its market cap at the moment? I'm looking to get a better grasp of the overall health and potential growth prospects of this digital asset.
5 answers
BonsaiLife
Thu Jul 25 2024
The USDP to USD price is updated in real-time, ensuring traders and investors have access to the most recent and accurate pricing information. This real-time pricing is crucial for making informed decisions in the fast-paced cryptocurrency market.
charlotte_bailey_doctor
Thu Jul 25 2024
In the last 24 hours, Pax Dollar has experienced a modest increase of 0.04%, demonstrating its stability and resilience amidst market fluctuations. This slight appreciation highlights the asset's potential as a safe haven during uncertain times.
Martino
Thu Jul 25 2024
The current live price of Pax Dollar, denoted as USDP/USD, stands at $1.000459. This indicates a stable valuation close to the US dollar, reflecting its design as a stablecoin.
Sara
Thu Jul 25 2024
With a market capitalization of $140.80 million USD, Pax Dollar holds a significant position within the cryptocurrency ecosystem. This market cap underscores the asset's liquidity and investor confidence.
Moonshadow
Thu Jul 25 2024
The 24-hour trading volume of Pax Dollar amounts to $5.05 million USD, showcasing an active trading environment and robust market demand. This metric provides insights into the asset's daily trading activity and liquidity.