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 | $1.0030 USD |
| Price Change24h | $-0.0010 USD (-0.10%) |
| 24h Low / 24h High | $1.0019 / $1.0050 USD |
| Trading Volume24h | $366,805 USD |
| MarketCap | $1,021,281,792 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 |
|---|---|---|
| Dec 4, 2022 | $1.0050 | Neutral |
| January, 2023 | $ 1.2908 USD | Upside |
| February, 2023 | $ 1.2835 USD | Upside |
| March, 2023 | $ 1.2805 USD | Upside |
| June, 2023 | $ 2.2780 USD | Upside |
| December, 2023 | $ 2.2745 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 $2.2745 USD |
| Will Frax (FRAX) price increase in future? | Our prognosis shows Frax (FRAX) will increase exponentially in future, attaining a possible coin price of $2.2745 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? | $2.2745 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 = $2.2745 USD. |
| What is the Frax price prediction for 2025? | By the year 2025, the price of one FRAX could be as high as $11.3723 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 |
|---|---|---|
| December 3, 2022 | $1.261 | $0 |
| December 2, 2022 | $1.242 | $0 |
| December 1, 2022 | $1.26 | $0 |
| November 30, 2022 | $1.183 | $0 |
| November 29, 2022 | $1.136 | $0 |
| November 28, 2022 | $1.161 | $0 |
| November 27, 2022 | $1.173 | $0 |
| November 26, 2022 | $1.167 | $0 |
| November 25, 2022 | $1.008 | $308 |
| November 24, 2022 | $1.081 | $2,916 |
| November 23, 2022 | $0.9791 | $3,091 |
| November 22, 2022 | $1.003 | $9,565 |
| November 21, 2022 | $1.003 | $17,905 |
| November 20, 2022 | $0.996 | $14,772 |
| November 19, 2022 | $0.9902 | $12,612 |
| November 18, 2022 | $0.9924 | $22,345 |
| November 17, 2022 | $0.9931 | $10,090 |
| November 16, 2022 | $0.9927 | $17,825 |
| November 15, 2022 | $0.9948 | $19,595 |
| November 14, 2022 | $0.9759 | $20,638 |
| November 13, 2022 | $0.9904 | $16,366 |
| November 12, 2022 | $0.9952 | $5,358 |
| November 11, 2022 | $0.9943 | $12,185 |
| November 10, 2022 | $0.9851 | $13,001 |
| November 9, 2022 | $0.9829 | $5,193 |
| November 8, 2022 | $0.9889 | $6,865 |
| November 7, 2022 | $0.9902 | $10,369 |
| November 6, 2022 | $0.988 | $5,553 |
| November 5, 2022 | $0.992 | $8,549 |
| November 4, 2022 | $0.9896 | $19,891 |
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.