Frax Price Index Share Self Reported Market Cap Achieves $16.20 Million (FPIS)

Frax Price Index Share (FPIS) traded up 0.1% against the dollar during the one day period ending at 10:00 AM ET on February 6th. Frax Price Index Share has a market cap of $16.20 million and approximately $97.45 worth of Frax Price Index Share was traded on exchanges in the last 24 hours. Over the last seven days, Frax Price Index Share has traded 25.8% lower against the dollar. One Frax Price Index Share token can currently be purchased for approximately $0.50 or 0.00000511 BTC on major exchanges.

Here is how related cryptocurrencies have performed over the last 24 hours:

• GMX (GMX) traded down 1.2% against the dollar and now trades at $16.74 or 0.00017123 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.2% against the dollar and now trades at $97,789.57 or 1.00003066 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $97,512.15 or 0.99719363 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

About Frax Price Index Share

Frax Price Index Share launched on April 9th, 2022. Frax Price Index Share’s total supply is 99,540,925 tokens and its circulating supply is 32,082,503 tokens. Frax Price Index Share’s official Twitter account is @fraxfinance and its Facebook page is accessible here. Frax Price Index Share’s official website is app.frax.finance.

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).”

Frax Price Index Share Token Trading

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

FPIS/USD price chart by TradingView