Frax Share (FXS) Self Reported Market Cap Achieves $168.91 Million

Frax Share (FXS) traded 9% lower against the U.S. dollar during the 1-day period ending at 9:00 AM Eastern on October 2nd. One Frax Share token can currently be purchased for about $2.05 or 0.00003355 BTC on major exchanges. Frax Share has a total market cap of $168.91 million and $20.67 million worth of Frax Share was traded on exchanges in the last day. During the last week, Frax Share has traded up 2.4% against the U.S. dollar.

Here is how similar cryptocurrencies have performed during the last day:

• 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 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.
• 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.
• MVP Coin (MVP) traded down 27.7% against the dollar and now trades at $0.0376 or 0.00000062 BTC.
• P2P Solutions foundation (P2PS) traded down 6.8% against the dollar and now trades at $157.43 or 0.00258181 BTC.

Frax Share Profile

Frax Share launched on December 20th, 2020. Frax Share’s total supply is 99,681,496 tokens and its circulating supply is 82,579,768 tokens. Frax Share’s official Twitter account is @fraxfinance and its Facebook page is accessible here. The official website for Frax Share is frax.finance.

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 presently possible to buy alternative cryptocurrencies such as Frax Share directly using US dollars. Investors seeking to acquire Frax Share should first buy Ethereum or Bitcoin using an exchange that deals in US dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to buy Frax Share using one of the exchanges listed above.

FXS/USD price chart by TradingView