Frax Price Index Share Trading 15.4% Higher This Week (FPIS)

Frax Price Index Share (FPIS) traded 4.1% higher against the US dollar during the twenty-four hour period ending at 20:00 PM E.T. on April 29th. During the last week, Frax Price Index Share has traded up 15.4% against the US dollar. Frax Price Index Share has a total market capitalization of $30.99 million and $147,194.44 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 about $1.09 or 0.00001707 BTC on popular exchanges.

Here is how similar cryptocurrencies have performed during the last day:

• KILT Protocol (KILT) traded down 1.9% against the dollar and now trades at $0.29 or 0.00000453 BTC.
• 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 2.2% lower 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.
• Kitty Inu (KITTY) traded up 1.9% against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• BitcoinBR (BTCBR) traded up 48,318,147.4% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 BTC.
• Jeff in Space (JEFF) traded 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.3% lower against the dollar and now trades at $0.0096 or 0.00000015 BTC.

Frax Price Index Share Token Profile

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 28,340,787 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 buy alternative cryptocurrencies such as Frax Price Index Share directly using US dollars. Investors seeking to acquire Frax Price Index Share should first buy Bitcoin or Ethereum using an exchange that deals in US dollars such as Gemini, GDAX or Coinbase. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Frax Price Index Share using one of the exchanges listed above.

FPIS/USD price chart by TradingView