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.