Table of Contents:
- Coin prognosis
- What is Frax coin?
- Future price prediction
- Frequently asked questions
- Historical Price Data
- Where to buy FRAX
Possible bullishness on Frax Up Only
Our coin price forecasting algorithm indicates bullishness on the FRAX/USD pair. This means it will do well in the near to long term. This page will offer an in-depth look on short-term and mid to long-term price predictions/possible price movements for Frax, using ranking algorithms that are based on Historical price data.
FRAX Price | $1.0021 USD |
Price Change24h | $-0.0039 USD (-0.38%) |
24h Low / 24h High | $0.9452 / $1.0588 USD |
Trading Volume24h | $123,520 USD |
MarketCap | $1,434,750,848 USD |
What is Frax? Fundamental Analysis
Frax attempts to be the first stablecoin protocol to implement design principles of both to create a highly scalable, trustless, extremely stable, and ideologically pure on-chain money. The Frax protocol is a two token system encompassing a stablecoin, Frax (FRAX), and a governance token, Frax Shares (FXS). The protocol also has pool contracts which hold collateral (at genesis USDT and USDC). Pools can be added or removed with governance.
Future price prediction
Date | Price | Possible movement |
---|---|---|
Aug 15, 2022 | $1.0588 | Neutral |
September, 2022 | $ 2.0274 USD | Upside |
October, 2022 | $ 2.0100 USD | Upside |
November, 2022 | $ 2.0044 USD | Upside |
February, 2023 | $ 1.9988 USD | Upside |
August, 2023 | $ 1.9960 USD | Upside |
FRAX Crypto Price Forecast: Frequently Asked Questions
Question | Answer |
---|---|
Will Frax rise today? | Our data indicates Frax will rise today. It's already higher than it's opening price. That's a great sign |
What will be the highest price of Frax (FRAX) in future? | Our analysis shows a possible all time high of $1.9960 USD |
Will Frax (FRAX) price increase in future? | Our prognosis shows Frax (FRAX) will increase exponentially in future, attaining a possible coin price of $1.9960 USD |
Will an Investment in Frax (FRAX) be profitable or make a loss? | Frax will be a profitable investment in the next 1 year, giving hodlers a good return. |
What will be the highest price of Frax (FRAX) in future? | $1.9960 USD |
Will the price of Frax (FRAX) move downward in future? | Up only |
At the end of the year, what will be the price of 1 Frax? | Our algorithms indicates an end of year price of 1 FRAX = $1.9960 USD. |
What is the Frax price prediction for 2025? | By the year 2025, the price of one FRAX could be as high as $9.9800 USD |
Frax price prediction for 2030? | Too hard to predict. The crypto market changes rapidly. Hence, s lot can change between now and 2030. |
Where do I buy Frax? | We painstakingly listed out some great options for you. Purchase FRAX coin here → |
Historical Price Data (USD)
Pay close attention to daily volume flutuations. Rising volume like Frax has is a great indication it will do well in the short term.
Date | Price | Volume |
---|---|---|
August 15, 2022 | $0.974 | $1,811 |
August 14, 2022 | $0.989 | $12,722 |
August 13, 2022 | $0.993 | $11,393 |
August 12, 2022 | $0.999 | $9,640 |
August 11, 2022 | $0.9978 | $12,688 |
August 10, 2022 | $0.9891 | $17,760 |
August 9, 2022 | $0.9912 | $13,962 |
August 8, 2022 | $0.9853 | $14,995 |
August 7, 2022 | $0.9672 | $10,522 |
August 6, 2022 | $0.9768 | $6,920 |
August 5, 2022 | $0.9793 | $13,977 |
August 4, 2022 | $0.9821 | $12,866 |
August 3, 2022 | $0.978 | $15,161 |
August 2, 2022 | $0.9803 | $11,202 |
August 1, 2022 | $0.9643 | $25,238 |
July 31, 2022 | $0.987 | $11,582 |
July 30, 2022 | $0.995 | $11,425 |
July 29, 2022 | $0.9996 | $11,871 |
July 28, 2022 | $1.004 | $11,192 |
July 27, 2022 | $0 | $0 |
July 26, 2022 | $0 | $0 |
July 25, 2022 | $0 | $0 |
July 24, 2022 | $0 | $0 |
July 23, 2022 | $0 | $0 |
July 22, 2022 | $0 | $0 |
July 21, 2022 | $0 | $0 |
July 20, 2022 | $0 | $0 |
July 19, 2022 | $0 | $0 |
July 18, 2022 | $0 | $0 |
July 17, 2022 | $0 | $0 |
Where and How to Buy Frax (FRAX) Coin
There are 3 steps to purchasing Frax. They are:
- Buy Bitcoin: Buying Bitcoin in 2022 is a fairly simple matter which we don't need to go in-depth on. The best places to but Bitcoin directly today with USD or your native currency are: Coinbase, Binance and Paypal.
- Move the Bitcoin to an Exchange that supports FRAX: Once you have purchased BTC, the next step is to move the BTC to an exchange that supports the FRAX/BTC trading pairs.
- Buy Frax on the Exchange: Now, you can buy Frax with your Bitcoin on your preferred exchange from the options we provided. Some of these exchanges support different FRAX pairs. Below is a detailed breakdown of each exchange and the trading pairs it supports.