Frax Price Index Share Trading 8% Lower Over Last 7 Days (FPIS)

Frax Price Index Share (FPIS) traded down 0.3% against the dollar during the one day period ending at 17:00 PM E.T. on October 27th. Frax Price Index Share has a total market capitalization of $12.31 million and approximately $2,247.83 worth of Frax Price Index Share was traded on exchanges in the last 24 hours. During the last seven days, Frax Price Index Share has traded 8% lower against the dollar. One Frax Price Index Share token can now be purchased for $0.41 or 0.00000607 BTC on major exchanges.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• 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 1.2% higher 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.
• Lumi Credits (LUMI) traded up 8.9% against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• SolvBTC (SOLVBTC) traded up 0.9% against the dollar and now trades at $67,695.18 or 0.99997105 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded up 0.9% against the dollar and now trades at $67,608.54 or 0.99869135 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Frax Price Index Share

Frax Price Index Share’s genesis date was April 9th, 2022. Frax Price Index Share’s total supply is 100,000,000 tokens and its circulating supply is 30,186,384 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).”

Buying and Selling Frax Price Index Share

It is usually not presently possible to purchase alternative cryptocurrencies such as Frax Price Index Share directly using U.S. dollars. Investors seeking to acquire Frax Price Index Share should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, GDAX 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