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

Frax Price Index Share (FPIS) traded up 0.1% against the dollar during the 1-day period ending at 0:00 AM E.T. on September 22nd. One Frax Price Index Share token can currently be purchased for $0.43 or 0.00000676 BTC on cryptocurrency exchanges. Frax Price Index Share has a market cap of $12.78 million and $468.00 worth of Frax Price Index Share was traded on exchanges in the last 24 hours. During the last seven days, Frax Price Index Share has traded 8.5% higher against the dollar.

Here’s how related cryptocurrencies have performed during 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 2.2% lower 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 1.3% against the dollar and now trades at $0.0416 or 0.00000065 BTC.
• P2P Solutions foundation (P2PS) traded 3.1% higher against the dollar and now trades at $173.20 or 0.00270572 BTC.

Frax Price Index Share Token Profile

Frax Price Index Share’s genesis 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. 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 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, GDAX or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView