Legacy Frax Dollar FRAX
Current Price
$1.0000 +0.02%
$0.0040 Daily Range (0.40%)
$0.9980$1.00
$3.88M Daily Volume
36 BTC
Vol/MktCap: 1.23%
Market Performance
0.02% Relative BTC Volume
The total volume of Legacy Frax Dollar is $3.88M over the past 24 hours, compared to $25.27B total Bitcoin volume.
Hourly Moving Average
8 SMA $0.9997 +0.02%
13 SMA $0.9997 +0.02%
21 SMA $0.9997 +0.03%
55 SMA $0.9997 +0.03%
144 SMA $0.9995 +0.05%
Price Performance
+0.03% 1 Hour Change
$1.0000 from $0.9996
+0.05% 7 Day Change
$0.0005 from $0.9995
-0.26% 14 Day Change
-$0.0026 from $1.00
-0.11% 30 Day Change
-$0.0011 from $1.00
All Time High
February 7, 2021
$1.14 -12.32%
-$0.1404 vs. now
24H Change
53.49K USD +0.02%
1 BTC
Volume and Supply
Total Supply: 314.90M FRAX 
314.90M FRAX AvailableRelative Supply Ratio
15.00 x BTC Supply















Relative Trade Volume
3.88M FRAX
traded over past 24 hours
Conversion Tool
Legacy Frax Dollar AI Market Analysis
Trading volume stands at 4,128,245, which corresponds to a volume-to-market cap ratio of 1.31%, suggesting moderate interest in trading activity. The hourly moving averages reflect stability, with the 8 SMA at $0.9997 and the longer-term 144 SMA at $0.9995, indicating that the price is consolidating around the 1 USD mark.
The 1-hour RSI is at 57, suggesting a mildly bullish momentum, while the 7-day RSI is neutral at 51, indicating a lack of strong directional bias over the longer term. However, the price has decreased over the past 7 days by approximately 0.02% and has seen a more significant drop of around 0.13% over the last 30 days, pointing to a bearish trend in the medium term.
Despite the minor short-term bullish signals, the overarching trend indicates weakness over the past month. Given the current price stability near the dollar peg, combined with the technical indicators showing no strong upward momentum and a recent downward trajectory, the recommendation is to Hold.
In summary, while FRAX maintains its peg to the USD, the lack of significant upward momentum and recent declines suggest caution. Therefore, the rating is Hold, with a recommendation to monitor for signs of recovery or further decline before making additional investment decisions.
Updated 58 minutes ago.
Legacy Frax Dollar Relative Price at Market Cap of:
Legacy Frax Dollar TradingView Chart
You May Also Like

Tokenize Xchange TKX
$32.33 +2.83%

Renzo Restaked ETH EZETH
$2,783.80 +4.59%

Tether Gold XAUT
$3,352.90 -0.77%

Ethereum Name Service ENS
$22.30 +6.73%

The Sandbox SAND
$0.2873 +5.20%

Decentraland MANA
$0.2886 +5.04%

DeXe DEXE
$9.10 -35.72%

pumpBTC PUMPBTC
$104,231 +1.98%
In The News

After a 12-month wait, the all-cash deal’s completion adds 50-plus licences, four million customers, and an institutional revenue line to Robinhood’s arsenal.

Circle, the issuer of the second largest stablecoin by market cap, USDC, announced on Monday that it has increased the expected price range for its upcoming initial public offering...

Bittensor builder Yuma has partnered with University of Connecticut to create ‘BittBridge,’ a learning program focused on blockchain-based AI.

New 10% non-cumulative perpetual preferred sits below STRF and STRK in seniority, offering investors long-duration yield exposure with zero fees.