Frax Price Index Share 24 Hour Trading Volume Hits $5,622.86 (FPIS)

Frax Price Index Share (FPIS) traded up 14.3% against the dollar during the 24-hour period ending at 11:00 AM Eastern on March 18th. One Frax Price Index Share token can currently be purchased for approximately $0.44 or 0.00000541 BTC on major exchanges. During the last week, Frax Price Index Share has traded up 33.1% against the dollar. Frax Price Index Share has a total market cap of $14.34 million and $5,622.86 worth of Frax Price Index Share was traded on exchanges in the last 24 hours.

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

• Taiko (TAIKO) traded down 2.5% against the dollar and now trades at $0.62 or 0.00000761 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 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.BBN (SOLVBTC.BB) traded 0.1% lower against the dollar and now trades at $82,698.77 or 1.01629222 BTC.
• SolvBTC (SOLVBTC) traded 1.9% lower against the dollar and now trades at $81,190.52 or 0.99457319 BTC.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.

Frax Price Index Share Profile

Frax Price Index Share’s genesis date was April 9th, 2022. Frax Price Index Share’s total supply is 41,127,464 tokens and its circulating supply is 32,605,869 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).”

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 Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Gemini, Coinbase or Changelly. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Frax Price Index Share using one of the aforementioned exchanges.

FPIS/USD price chart by TradingView