$FRAX šØ It's being launched right now on Binance, the FRAX! šØ
š +54.20% appreciation and the market is watching!
The FRAX/USDT pair surged to $1.2521, well above the expected parity of $1 for a stablecoin. But... how is this possible?
š Understand what FRAX is:
FRAX is a fractional algorithmic stablecoin, meaning its value is partially backed by collateral and partially adjusted by algorithms.
š§ If the price rises above $1, the protocol reduces the collateral ratio.
š If the price falls below $1, it increases the collateral to stabilize.
This dynamic makes FRAX flexible, efficient, and innovative ā but also susceptible to extreme movements during periods of high demand or low liquidity.
š Price History:
šŗ All-time high: $42.67 (03/04/2022)
š» All-time low: $0.527 (10/10/2025)
The fluctuation shows that, despite being a stablecoin, FRAX can behave like a speculative asset in certain scenarios.
š” Why does this matter?
With the growth of DeFi protocols and the search for alternatives to traditional stablecoins, FRAX positions itself as a hybrid solution that could revolutionize the concept of stability in the crypto market.
š£ Attention traders and holders:
This movement may indicate protocol changes, large institutional purchases, or new integrations. Stay tuned for updates!
š Explore more: frax.finance
š View the real-time chart on Binance!
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