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Abstract Haystack and Owens Valley Radio Observatory observations recently revealed strong, intermittent, sinusoidal total flux-density variations that maintained their coherence between 1975 and 2021 in the blazar PKS 2131−021 (z= 1.283). This was interpreted as possible evidence of a supermassive black hole binary (SMBHB). Extended observations through 2023 show a coherence over 47.9 yr, with an observed periodP_{15 GHz}= (1739.8 ± 17.4) days. We reject, withp-value = 2.09 × 10⁻⁷, the hypothesis that the variations are due to random fluctuations in the red noise tail of the power spectral density. There is clearly a physical phenomenon in PKS 2131−021 producing coherent sinusoidal flux-density variations. We find the coherent sinusoidal intensity variations extend from below 2.7 GHz to optical frequencies, from which we derive an observed periodP_optical= (1764 ± 36) days. Across this broad frequency range, there is a smoothly varying monotonic phase shift in the sinusoidal variations with frequency. Hints of periodic variations are also observed atγ-ray energies. The importance of well-vetted SMBHB candidates to searches for gravitational waves is pointed out. We estimate the fraction of blazars that are SMBHB candidates to be >1 in 100. Thus, monitoring programs covering tens of thousands of blazars could discover hundreds of SMBHB candidates.