Frax Price Index Share (FPIS) Reaches One Day Trading Volume of $54,436.00

Frax Price Index Share (FPIS) traded down 3.3% against the U.S. dollar during the twenty-four hour period ending at 21:00 PM E.T. on March 11th. Frax Price Index Share has a market capitalization of $35.50 million and approximately $54,436.00 worth of Frax Price Index Share was traded on exchanges in the last day. One Frax Price Index Share token can currently be bought for $1.32 or 0.00001822 BTC on popular exchanges. In the last week, Frax Price Index Share has traded 11% lower against the U.S. dollar.

Here is how similar cryptocurrencies have performed in the last day:

  • KILT Protocol (KILT) traded up 3.8% against the dollar and now trades at $0.48 or 0.00000658 BTC.
  • Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
  • Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
  • CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
  • Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
  • Hokkaidu Inu (HOKK) traded up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
  • Lego Coin (LEGO) traded down 2.2% against the dollar and now trades at $0.0133 or 0.00000018 BTC.
  • Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
  • Lumi Credits (LUMI) traded up 0.5% against the dollar and now trades at $0.0103 or 0.00000014 BTC.
  • AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

Frax Price Index Share Token Profile

Frax Price Index Share launched on April 9th, 2022. Frax Price Index Share’s total supply is 100,000,000 tokens and its circulating supply is 26,881,769 tokens. The official website for Frax Price Index Share is app.frax.finance. Frax Price Index Share’s official Twitter account is @fraxfinance and its Facebook page is accessible here.

According to CryptoCompare, “Frax is a fractional-algorithmic stablecoin protocol. Frax is open-source, permissionless, and entirely on-chain – currently implemented on Ethereum and 12 other chains. The end goal of the Frax protocol is to provide a highly scalable, decentralized, algorithmic money in place of fixed-supply digital assets like BTC. The Frax ecosystem has 2 stablecoins: FRAX (pegged to the US dollar) & FPI (pegged to the Consumer Price Index).”

Buying and Selling Frax Price Index Share

It is usually not presently possible to buy alternative cryptocurrencies such as Frax Price Index Share directly using US dollars. Investors seeking to trade Frax Price Index Share should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as GDAX, Gemini or Coinbase. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Frax Price Index Share using one of the aforementioned exchanges.

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