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About FPI

The Frax Price Index is a protocol within the Frax ecosystem. The system will adjust every month according to an on-chain Consumer Price Index oracle so that holders of the FPI will increase their dollar-denominated value each month according to the reported CPI increase

Frax Price Index (FPI) is a cryptocurrency launched in 2022. FPI has a current supply of 84.74M with 0 in circulation. The last known price of FPI is 1.12 USD and is 0.000637072617 over the last 24 hours. It is currently trading on active market(s) with $1,619.21 traded over the last 24 hours. More information can be found at https://app.frax.finance/.

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FPI Price Statistics
FPI’s Price Today
24h Price Change
+$0.0006370726170.06%
24h Volume
$1,619.210.00%
24h Low / 24h High
$0 / $0
Volume / Market Cap
--
Market Dominance
0.00%
Market Rank
#7586
FPI Market Cap
Market Cap
$0
Fully Diluted Market Cap
$95.19M
FPI Price History
7d Low / 7d High
$0 / $0
All-Time High
$0
All-Time Low
$0
FPI Supply
Circulating Supply
0
Total Supply
84.74M
Max Supply
0
Updated Jan 13, 2025 5:11 pm
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FPI
Frax Price Index
$1.12
$0.000637072617(+0.06%)
Mkt Cap $0
There's nothing here for now
70-Year-Old Woman Loses All Her Life Saving After Her Crypto Wallet And Private Key Burn Up In Flames In the California Wildfire
70-Year-Old Woman Loses All Her Life Saving After Her Crypto Wallet And Private Key Burn Up In Flames In the California Wildfire
The glowing red sky from the fires that has devoured Southern California has taken everything from residents; homes, offices and memories. But a 70-year-old woman has lost more than her home; she had lost all her life savings after discovering that both her crypto wallet and private keys were both stored at home. Since no backup or recovery phrase was created, the woman is now locked out of her crypto assets. The 70-year-old woman's nephew took to social media to describe the family's plight, writing "Most of her savings were in crypto and she lost her wallet and seed phrase, and doesn't have backups. I feel sick. This is all she had." Sparked a conversation on crypto wallet protection This tragic event has highlighted how crucial it is to securely store both the wallet and private key separately. The private key serves as the gateway to a crypto wallet, and without it, there is no way to regain access to the funds. In this instance, the absence of a robust backup system has led to the permanent loss of her savings, highlighting a critical vulnerability that crypto holders must address. While this is a unfortunate event for the family, but it also acts as a precautionary tale for crypto owners to adopt secure storage practices. Experts have recommend keeping seed phrases offline and in multiple secure locations, with many advocating for storage solutions designed to withstand fire or water damage, such as metal backup plates. With the emergence of newer technologies, like seedless wallets and multi-signature systems, it also offers users with a more advanced and reliable way to safeguard their digital assets. Crypto companies also suffered losses from the fire But this 70-year-old woman is not the only person who have lost their valuable digital asset in this fire. Similarly, a few crypto companies in the city have also suffered severe losses after they found themselves in the pathway of the flames. Swan Bitcoin, which has employees based near Santa Monica, and blockchain infrastructure provider BlockDaemon, headquartered in Los Angeles, both reported significant losses, including the destruction of hardware wallets containing valuable cryptocurrency assets after their companies were unfortunately struck by the incoming fire. In the past, we would hardly associate natural disasters with digital assets. But this saga has proved otherwise, and that our digital assets can be vulnerable to fires as well if they are not properly protected. This incident serves as a wake-up call for cryptocurrency holders to reassess their approach to securing digital assets. The loss of funds in this case could have been mitigated with more effective backup strategies or the use of advanced wallet solutions. As natural disasters become increasingly common, crypto users must take proactive steps to protect their holdings against unforeseen events.
XingChi
Jan 13, 2025 4:33 pm

Frequently Asked Questions

  • What is the all-time high price of Frax Price Index (FPI)?

    The all-time high of FPI was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of Frax Price Index (FPI) is 0. The current price of FPI is down 0% from its all-time high.

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  • How much Frax Price Index (FPI) is there in circulation?

    As of , there is currently 0 FPI in circulation. FPI has a maximum supply of 0.

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  • What is the market cap of Frax Price Index (FPI)?

    The current market cap of FPI is 0. It is calculated by multiplying the current supply of FPI by its real-time market price of 1.12.

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  • What is the all-time low price of Frax Price Index (FPI)?

    The all-time low of FPI was 0 , from which the coin is now up 0%. The all-time low price of Frax Price Index (FPI) is 0. The current price of FPI is up 0% from its all-time low.

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  • Is Frax Price Index (FPI) a good investment?

    Frax Price Index (FPI) has a market capitalization of $0 and is ranked #7586 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze Frax Price Index (FPI) price trends and patterns to find the best time to purchase FPI.

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