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    Frax Ether

    FRXETH

    Rank #132

    $3516.57

    -0.76%
    24H Low$3436.13
    $3614.2124H High
    24H Volume
    $10.68 M
    All-Time High(ATH)
    $4062.68
    All-Time Low(ATL)
    $1137.25
    Market Cap
    $984.18 M
    Fully Diluted Valuation
    $984.18 M
    Market Cap/FDV
    100%
    Circulating Supply
    279902 FRXETH
    Total Supply
    279902.12 FRXETH
    Max Supply
    Market Sentiment
    Neutral
    * Data from 3rd parties

    Frax Ether (FRXETH) Price Trends

    Time period
    Change amount
    % Change
    1H
    $+3.86
    +0.11%
    24H
    $-26.93
    -0.76%
    7D
    $+3.51
    +0.10%
    30D
    $+270.41
    +8.33%
    1Y
    $+1768.08
    +101.12%

    Team Members

    Sam Kazemian

    Sam Kazemian

    Founder

    Stephen Moore

    Stephen Moore

    Co-Founder

    Jason Huan

    Jason Huan

    Co-Founder

    Travis Moore

    Travis Moore

    CTO,Co-Founder

    Live Frax Ether (FRXETH) Price Update

    Frax Ether price today is $3516.57 with a 24-hour trading volume of $10.68 M, and as such Frax Ether has a market cap of $984.18 M, giving it a market dominance of 0.034%. The Frax Ether price moved -0.7600% in the last 24 hours.

    Frax Ether reached its highest price on 2024-03-12 when it was trading at its all-time high of $4062.68, 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 $4062.68. The social sentiment of Frax Ether is currently Positive.

    The current circulating supply of Frax Ether is $279902 FRXETH. In terms of market cap, Frax Ether is currently ranked 132.

    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.

    Frax Ether Tokenomics

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    Frax Ether Analysis

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