Frax Share (FXS) Price Hits $2.72

Frax Share (FXS) traded up 0.4% against the US dollar during the 24-hour period ending at 9:00 AM E.T. on May 13th. One Frax Share token can now be bought for $2.72 or 0.00002622 BTC on major cryptocurrency exchanges. Frax Share has a total market capitalization of $246.09 million and approximately $13.51 million worth of Frax Share was traded on exchanges in the last day. Over the last week, Frax Share has traded 32% higher against the US dollar.

Here’s how similar cryptocurrencies have performed over the last day:

• 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 2.2% lower 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 down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• SolvBTC (SOLVBTC) traded down 0.7% against the dollar and now trades at $103,562.38 or 0.99830726 BTC.
• SolvBTC.BBN (SOLVBTC.BB) traded 0.8% lower against the dollar and now trades at $102,740.91 or 0.99038850 BTC.
• Lumi Credits (LUMI) traded 8.9% higher against the dollar and now trades at $0.0162 or 0.00000027 BTC.
• AXIA Coin (AXC) traded 0.1% lower against the dollar and now trades at $13.43 or 0.00048094 BTC.

About Frax Share

Frax Share was first traded on December 20th, 2020. Frax Share’s total supply is 99,681,496 tokens and its circulating supply is 90,483,559 tokens. Frax Share’s official Twitter account is @fraxfinance and its Facebook page is accessible here. The official message board for Frax Share is fraxfinancecommunity.medium.com. Frax Share’s official website is frax.com.

According to CryptoCompare, “The Frax Share token (FXS) is the non-stable, value-accrual token in the Frax protocol. It is meant to be volatile and hold rights to governance and all excess collateral of the system.TelegramWhitepaper”

Buying and Selling Frax Share

It is usually not possible to purchase alternative cryptocurrencies such as Frax Share directly using U.S. dollars. Investors seeking to acquire Frax Share should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Coinbase, GDAX or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Frax Share using one of the exchanges listed above.

FXS/USD price chart by TradingView