Frax Price Index Share (FPIS) 24-Hour Trading Volume Hits $647.53

Frax Price Index Share (FPIS) traded down 2.9% against the dollar during the 24-hour period ending at 13:00 PM Eastern on September 22nd. During the last week, Frax Price Index Share has traded 4.5% lower against the dollar. Frax Price Index Share has a market capitalization of $19.90 million and approximately $647.53 worth of Frax Price Index Share was traded on exchanges in the last day. One Frax Price Index Share token can currently be bought for about $0.55 or 0.00000486 BTC on popular exchanges.

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

• 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 down 2.2% against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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% lower against the dollar and now trades at $112,658.05 or 0.99863906 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded down 1.4% against the dollar and now trades at $112,197.47 or 0.99369569 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• P2P Solutions foundation (P2PS) traded down 6.7% against the dollar and now trades at $378.81 or 0.00335790 BTC.

Frax Price Index Share Token Profile

Frax Price Index Share launched on April 9th, 2022. Frax Price Index Share’s total supply is 41,127,464 tokens and its circulating supply is 36,247,926 tokens. Frax Price Index Share’s official website 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).”

Frax Price Index Share Token Trading

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

FPIS/USD price chart by TradingView