Frax Price Index Share (FPIS) Tops 24-Hour Volume of $13,532.92

Frax Price Index Share (FPIS) traded 1% lower against the dollar during the twenty-four hour period ending at 7:00 AM E.T. on April 24th. One Frax Price Index Share token can now be bought for $0.93 or 0.00001398 BTC on major exchanges. Frax Price Index Share has a market capitalization of $26.41 million and approximately $13,532.92 worth of Frax Price Index Share was traded on exchanges in the last 24 hours. Over the last week, Frax Price Index Share has traded 11% higher against the dollar.

Here is how related cryptocurrencies have performed over the last 24 hours:

• KILT Protocol (KILT) traded up 1.3% against the dollar and now trades at $0.34 or 0.00000509 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 down 2.2% 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.
• 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 0.1% higher against the dollar and now trades at $0.0089 or 0.00000013 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Frax Price Index Share Token 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 28,328,695 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).”

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 trade Frax Price Index Share should first buy Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Coinbase or Changelly. 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