Frax Price Index Share Trading Up 6% Over Last 7 Days (FPIS)

Frax Price Index Share (FPIS) traded up 5.1% against the US dollar during the 1-day period ending at 13:00 PM Eastern on September 22nd. In the last week, Frax Price Index Share has traded up 6% against the US dollar. Frax Price Index Share has a market cap of $12.78 million and $7,038.28 worth of Frax Price Index Share was traded on exchanges in the last 24 hours. One Frax Price Index Share token can now be bought for approximately $0.43 or 0.00000681 BTC on major exchanges.

Here is how other 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 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 down 2.2% 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 1.7% against the dollar and now trades at $0.0415 or 0.00000066 BTC.
• P2P Solutions foundation (P2PS) traded up 0.7% against the dollar and now trades at $167.04 or 0.00265189 BTC.

About Frax Price Index Share

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 29,657,785 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 possible to purchase alternative cryptocurrencies such as Frax Price Index Share directly using U.S. dollars. Investors seeking to trade Frax Price Index Share should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Gemini or Coinbase. 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