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  2. Frax Ether Price
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Frax Ether

FRXETH

Rank #94
$ 2933.98
-0.86%
24H Low$2875.31
24H High$2959.9
24H Volume
10.19M
All-Time High(ATH)
$3006.2
All-Time Low(ATL)
$1137.25
Market Cap
901.57M
Fully Diluted Valuation
901.57M
Market Cap/FDV
1
Circulating Supply
307.7K FRXETH
Total Supply
307.7K FRXETH
Max Supply
Market Sentiment
--
* Data from 3rd parties

Frax Ether (FRXETH) Price Trends

Time period
Change amount
% Change
1H
$ 7.32
0.25%
24H
$ -25.17
-0.86%
7D
$ 175.69
5.99%
14D
$ 626.3
21.35%
30D
$ 736.55
25.1%
1Y
$ 2307.86
78.66%

Live Frax Ether (FRXETH) Price Update

Frax Ether price today is $2933.98 with a 24-hour trading volume of 10.19M, and as such Frax Ether has a market cap of 901.57M, giving it a market dominance of 0.04%. The Frax Ether price moved -0.8579% in the last 24 hours.

Frax Ether reached its highest price on 2024-02-21 when it was trading at its all-time high of $3006.2, while its lowest price was recorded on 2022-11-23 when it was trading at its all-time low of $1137.25. The current lowest price since the last cycle high was $1137.25, and the highest price since the last cycle low was $3006.2. The social sentiment of Frax Ether is currently Positive.

The current circulating supply of Frax Ether is 307.7K FRXETH. In terms of market cap, Frax Ether is currently ranked 94.

About Frax Ether (FRXETH)

frxETH is a liquid staking derivative issued by Frax Finance protocol. Each frxETH is backed by at least 1 ETH in validator nodes at all times.

FAQs

1. What determines the price movement of Frax Ether?

There are two schools of thought in determining the price of Frax Ether.
By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Frax Ether, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Frax Ether from a long term perspective.
By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Frax Ether on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Frax Ether as well.
Investors tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Frax Ether and the cryptocurrency market as a whole.

Date
Market Cap
Volume
Open
Close
2024-02-22
$7.47M$902.94M$2934.32N/A
2024-02-21
$4.78M$919.5M$3002.05$2934.32
2024-02-20
$8.74M$908.82M$2947.31$3002.05
2024-02-19
$2.98M$886.31M$2865.32$2947.31
2024-02-18
$1.85M$858.03M$2783.23$2865.32
2024-02-17
$4.9M$857.29M$2782.4$2783.23
2024-02-16
$2.28M$869.2M$2816.18$2782.4
2024-02-15
$2.11M$848.82M$2758.18$2816.18