Pax Dollar Remains Stable Near $1, with Minimal Fluctuations

The Pax Dollar (USDP) maintains a price around the $1 mark, with a current market capitalization of approximately $69.9 million. Its recent 24-hour price fluctuation is negligible, showing a minor increase of $1 but effectively remaining steady at just under $1.00, with a volume of $2.5 million traded in the last 24 hours. The token has experienced a tiny decrease of 0.01% over the past day, with no significant change over the past week or month, indicating stability with very slight fluctuations. The all-time high was recorded at $1.18 in April 2024, and the all-time low at about $0.864 in May 2021, reflecting a typical stablecoin pattern with minimal volatility relative to its peg. Its supply remains fixed at 70 million tokens. As a stablecoin embedded within the Solana and Ethereum ecosystems and managed under Multicoin Capital Portfolio, USDP is positioned as a reliable digital dollar substitute. Investors can trade USDP on platforms such as KuCoin, Bitrue, and MEXC, appealing to users seeking stability within the volatile cryptocurrency market.