Frax Price Index Share Price Reaches $2.15 (FPIS)

Frax Price Index Share (FPIS) traded 6.7% higher against the U.S. dollar during the 1 day period ending at 17:00 PM E.T. on March 18th. Frax Price Index Share has a total market cap of $120.65 million and $431,297.71 worth of Frax Price Index Share was traded on exchanges in the last 24 hours. One Frax Price Index Share token can now be purchased for $2.15 or 0.00007837 BTC on major exchanges. In the last week, Frax Price Index Share has traded 8.2% higher against the U.S. dollar.

Here is how other cryptocurrencies have performed in the last 24 hours:

• KILT Protocol (KILT) traded 0.8% higher against the dollar and now trades at $0.43 or 0.00001558 BTC.
• Aidi Finance (BSC) (AIDI) traded up 2.9% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 1.9% higher against the dollar and now trades at $0.0681 or 0.00000248 BTC.
• CareCoin (CARES) traded 1.9% higher against the dollar and now trades at $0.0845 or 0.00000308 BTC.
• OmniaVerse (OMNIA) traded 21.9% higher against the dollar and now trades at $0.0011 or 0.00000004 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $101.01 or 0.00367880 BTC.
• FEG Token (FEG) traded 1.9% higher against the dollar and now trades at $0.0008 or 0.00000003 BTC.
• Hokkaidu Inu (HOKK) traded up 2.9% against the dollar and now trades at $0.0007 or 0.00000002 BTC.
• QANplatform (QANX) traded up 1.9% against the dollar and now trades at $7,341.40 or 0.26738794 BTC.
• Lego Coin (LEGO) traded 27.5% higher against the dollar and now trades at $0.0179 or 0.00000065 BTC.

Frax Price Index Share Profile

Frax Price Index Share was first traded on 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. 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 purchase alternative cryptocurrencies such as Frax Price Index Share directly using US dollars. Investors seeking to trade Frax Price Index Share should first purchase Ethereum or Bitcoin using an exchange that deals in US dollars such as Coinbase, Changelly or Gemini. 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