Frax Price Index Share Self Reported Market Capitalization Achieves $120.65 Million (FPIS)

Frax Price Index Share (FPIS) traded 2.1% higher against the U.S. dollar during the 24-hour period ending at 22:00 PM E.T. on March 18th. Frax Price Index Share has a market cap of $120.65 million and approximately $379,767.79 worth of Frax Price Index Share was traded on exchanges in the last day. One Frax Price Index Share token can now be purchased for approximately $2.11 or 0.00007772 BTC on popular exchanges. In the last seven days, Frax Price Index Share has traded 2% higher against the U.S. dollar.

Here is how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded 10.4% lower against the dollar and now trades at $0.40 or 0.00001486 BTC.
• Aidi Finance (BSC) (AIDI) traded 0.1% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 1.9% against the dollar and now trades at $0.0667 or 0.00000246 BTC.
• CareCoin (CARES) traded 1.9% lower against the dollar and now trades at $0.0827 or 0.00000306 BTC.
• OmniaVerse (OMNIA) traded up 21.6% against the dollar and now trades at $0.0013 or 0.00000005 BTC.
• Kitty Inu (KITTY) traded down 1.9% against the dollar and now trades at $98.93 or 0.00365664 BTC.
• FEG Token (FEG) traded 1.9% lower against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded down 1.3% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded 1.9% lower against the dollar and now trades at $7,190.88 or 0.26577750 BTC.
• Lego Coin (LEGO) traded 21.4% higher against the dollar and now trades at $0.0172 or 0.00000063 BTC.

Frax Price Index Share Profile

Frax Price Index Share’s genesis date was March 28th, 2022. Frax Price Index Share’s total supply is 100,000,000 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).”

Frax Price Index Share Token Trading

It is usually not 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 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 buy Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView