Frax Price Index Share (FPIS) Trading 6.8% Higher Over Last 7 Days

Frax Price Index Share (FPIS) traded down 1% against the dollar during the 24-hour period ending at 19:00 PM ET on September 22nd. Frax Price Index Share has a market capitalization of $12.75 million and $1,988.44 worth of Frax Price Index Share was traded on exchanges in the last day. One Frax Price Index Share token can now be bought for approximately $0.43 or 0.00000684 BTC on major exchanges. Over the last week, Frax Price Index Share has traded 6.8% higher against the dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• 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.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded down 1.5% against the dollar and now trades at $0.0415 or 0.00000065 BTC.
• P2P Solutions foundation (P2PS) traded down 0.4% against the dollar and now trades at $166.35 or 0.00261771 BTC.

Frax Price Index Share Profile

Frax Price Index Share was first traded on 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. The official website for Frax Price Index Share 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).”

Buying and Selling Frax Price Index Share

It is usually not possible to purchase alternative cryptocurrencies such as Frax Price Index Share directly using U.S. dollars. Investors seeking to acquire Frax Price Index Share should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, Changelly or Gemini. 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