Frax Price Index Share Price Tops $0.91 on Top Exchanges (FPIS)

Frax Price Index Share (FPIS) traded up 0.4% against the US dollar during the one day period ending at 18:00 PM Eastern on April 19th. Frax Price Index Share has a total market capitalization of $25.67 million and approximately $33,265.31 worth of Frax Price Index Share was traded on exchanges in the last day. One Frax Price Index Share token can currently be purchased for $0.91 or 0.00001410 BTC on major exchanges. In the last week, Frax Price Index Share has traded 21% lower against the US dollar.

Here’s how related cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded up 0.1% against the dollar and now trades at $0.33 or 0.00000520 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 down 2.2% 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 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded up 1.2% 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded 1.7% higher against the dollar and now trades at $0.0087 or 0.00000014 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 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 28,317,947 tokens. Frax Price Index Share’s official Twitter account is @fraxfinance and its Facebook page is accessible here. The official website for Frax Price Index Share 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 presently 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 Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView