Frax Price Index Share (FPIS) Price Tops $0.34 on Exchanges

Frax Price Index Share (FPIS) traded 1.5% higher against the US dollar during the 1 day period ending at 11:00 AM ET on March 14th. One Frax Price Index Share token can currently be bought for $0.34 or 0.00000407 BTC on popular cryptocurrency exchanges. Frax Price Index Share has a total market capitalization of $10.98 million and $161.20 worth of Frax Price Index Share was traded on exchanges in the last day. During the last seven days, Frax Price Index Share has traded 5.9% lower against the US dollar.

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

• Taiko (TAIKO) traded down 1.1% against the dollar and now trades at $0.64 or 0.00000763 BTC.
• 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 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.
• 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 2.2% lower against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded 2.4% higher against the dollar and now trades at $83,754.28 or 0.99494317 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 2.6% higher against the dollar and now trades at $83,356.26 or 0.99021506 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Frax Price Index Share Profile

Frax Price Index Share’s launch date was April 9th, 2022. Frax Price Index Share’s total supply is 41,127,464 tokens and its circulating supply is 32,605,823 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).”

Buying and Selling Frax Price Index Share

It is usually not presently possible to buy alternative cryptocurrencies such as Frax Price Index Share directly using U.S. dollars. Investors seeking to trade Frax Price Index Share should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Gemini or Changelly. Investors can then use their newly-acquired Bitcoin or Ethereum to buy Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView