What determines the price movement of Frax (FRAX)?

There are two schools of thought when it comes to determining the price of a cryptocurrency like Frax. By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Frax, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Frax. By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Frax on the basis that history tends to repeat itself. Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Frax. Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Frax and the broader cryptocurrency market.

What is the highest price of Frax price in history?

Frax achieved the all-time high of 1.14 in 2021-02-07, and is currently trading at 3.085.

What is the lowest price of Frax price in history?

Frax reached its all-time low of 0.874536 on 2023-03-11.

What is the current market cap of Frax?

The current market cap of Frax is 280402575.825, as 90892245 FRAX is trading at the price of 3.085.

How many Frax are there in the market?

There are currently 90892245 FRAX circulating in the market. These Frax can be actively traded or used in the open market.

What is the maximum supply of Frax?

The maximum supply of FRAX is 141909178 , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

What is the fully diluted market cap (or FDV) of Frax?

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Frax is 437789814.1300. The FDV is calculated taking the assumption that all supply of Frax is circulation, multiplied by its current price of 3.085.

What is the price prediction of Frax ?

Using an algorithm to automatically identify historical data trends, this Frax price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Is Frax a good investment?

Frax offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Frax and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Frax.

You can buy Frax via Gate by following the steps on how to buy FRAX once you have funded your account.

Frax Price

FRAX

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Frax (FRAX) Price Live Chart

Frax (FRAX) Price Today

Frax(FRAX) price today is $3.08, with a 24-hour trading volume of $81.49K and as such Frax(FRAX) has a market cap of $280.4M, giving it a market dominance of 0.01%. The Frax(FRAX) price moved -0.67% in the last 24 hours.

FRAX Price Data

24h Turnover$81.49K
All-Time High(ATH)$1.14
24h High$3.44
All-Time Low(ATL)$0.8745
24h Low$2.98

FRAX Market Cap Infos

Market Cap$280.4M
Fully Diluted Valuation$437.78M
Market Cap/FDV64.05%
Market SentimentPositive

FRAX Supply

Circulating Supply90.89M FRAX
Total Supply141.9M FRAX
Max Supply141.9M FRAX

*Data is for reference only

Frax (FRAX) Price Prediction

Frax(FRAX) is predicted to average $3.08 in 2025, with a potential swing between the lowest price $2.93 and the highest price $4.28. By 2030, Frax(FRAX) price could reach to $8.74, offering a potential +101.00% return from today’s price.

Year	Minimum Price	Highest Price	Average Price	Change
2025	$2.93	$4.28	$3.08	--
2026	$2.87	$4.53	$3.68	+19.00%
2027	$2.91	$5.83	$4.11	+33.00%
2028	$3.93	$5.72	$4.97	+61.00%
2029	$5.02	$7.06	$5.34	+73.00%
2030	$3.28	$8.74	$6.2	+101.00%

Frax(FRAX) Price History

Frax(FRAX) price has moved -0.67% in the last 24 hours, and -17.24% in the past 7 days. The price of Frax(FRAX) is +52.75% in the past 30 days, and +34.59% over the last year.