() traded 2.1% higher against the U.S. Dollar during the 1-day period ending at 23.00 PM Eastern time on May 18. Frax Share's value against the U.S. Dollar has increased by 21.5% over the past seven days. Frax Share has a market capitalization total of $516.05 millions and was worth approximately $16.26million on the exchanges.
The performance of similar cryptocurrencies over the past day is shown below:
KILT Protocol has traded at $0.36, or 0.00001338 BTC. This is a 1% decline against the dollar.
Aidi Finance BSC (AIDI), which trades for $0.0000 or 0.00000000 BTC, has traded 2.2% lower than the dollar.
Zoo Token (ZOOT), which trades for $0.0652, or 0.00000239 BTC, is down 2.2% against the dollar.
CareCoin (CARES), which is a cryptocurrency, has traded at $0.0809 per dollar or 0.00000297 BTC.
OmniaVerse's (OMNIA) price is now $0.0020, or 0.00000007 BTC. This is a 2.8% decline against the dollar.
Kitty Inu, or KITTY, is now trading at $95.84 (0.00338062 BTC) after gaining 1.9% in value against the dollar.
Hokkaidu Inu, or HOKK, traded 6.9% lower than the dollar. It now trades for $0.0004 (or 0.00000002 BTC).
Lego Coin (LEGO), which is a cryptocurrency, has traded up by 14.5% against the US dollar. It now trades for $0.0215 or $0.00000080 BTC.
Jeff in Space (JEFF), which trades for $2.75, or 0.00010076 BTC, is now 2.2% lower than the dollar.
Lumi Credits (LUMI), which trades for $0.0077, or 0.00000029 BTC, has fallen 1.2% in value against the dollar.
Launch date: December 20, 2020 Frax Share has a total supply of 99,822,984 tokens, and a circulating supply of 71,9256,617 tokens. Here is a link to the article
CryptoCompare states that the Frax Share Token (FXS), is a non stable utility token which holds all rights to governance of the Frax Protocol. It uses a governance-minimized design for trustless money, and does not use active management like a DAO. The FXS tokens are used to add/adjust collateral pools, adjust various fees, or refresh the rate of collateral ratio. The FXS has both upside and downside potential, and its supply at genesis is 100 million tokens. The protocol was designed so that FXS supply would be deflationary as long as FRAX is in demand.
Frax Share Token Trading
In most cases, it is not possible to purchase alternative cryptocurrencies like Frax Share using US dollars. Investors who want to buy Frax Share first need to purchase Ethereum or Bitcoin on an exchange dealing in US Dollars such as GDAX or Changelly. MarketBeat.com’s FREE CryptoBeat Newsletter