Frax Price Index Share (FPIS) 24 Hour Volume Hits $6,266.27

Frax Price Index Share (FPIS) traded 0.2% lower against the US dollar during the 1-day period ending at 0:00 AM ET on October 7th. During the last week, Frax Price Index Share has traded down 11.3% against the US dollar. Frax Price Index Share has a total market capitalization of $16.53 million and $6,266.27 worth of Frax Price Index Share was traded on exchanges in the last day. One Frax Price Index Share token can currently be purchased for $0.56 or 0.00000890 BTC on cryptocurrency exchanges.

Here’s how other cryptocurrencies have performed during the last day:

• 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 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 28% higher against the dollar and now trades at $0.0498 or 0.00000080 BTC.
• P2P Solutions foundation (P2PS) traded 2.3% lower against the dollar and now trades at $157.92 or 0.00251681 BTC.

Frax Price Index Share Profile

Frax Price Index Share launched on April 9th, 2022. Frax Price Index Share’s total supply is 100,000,000 tokens and its circulating supply is 29,657,834 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 currently possible to buy alternative cryptocurrencies such as Frax Price Index Share directly using US dollars. Investors seeking to trade Frax Price Index Share should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView