Frax Price Index Share Price Reaches $0.43 on Exchanges (FPIS)

Frax Price Index Share (FPIS) traded 1.3% lower against the dollar during the 24-hour period ending at 20:00 PM E.T. on October 24th. Frax Price Index Share has a market capitalization of $12.87 million and approximately $84.64 worth of Frax Price Index Share was traded on exchanges in the last 24 hours. One Frax Price Index Share token can currently be purchased for $0.43 or 0.00000626 BTC on major exchanges. In the last week, Frax Price Index Share has traded down 9.1% against the dollar.

Here’s how related cryptocurrencies have performed in the last 24 hours:

• 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 2.2% lower 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 0% against the dollar and now trades at $0.0944 or 0.00000141 BTC.
• P2P Solutions foundation (P2PS) traded up 0.2% against the dollar and now trades at $163.21 or 0.00240094 BTC.

Frax Price Index Share Token Profile

Frax Price Index Share’s launch date was April 9th, 2022. Frax Price Index Share’s total supply is 100,000,000 tokens and its circulating supply is 30,186,384 tokens. Frax Price Index Share’s official website 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).”

Frax Price Index Share Token Trading

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

FPIS/USD price chart by TradingView