Microsoft strongly encourages users to switch to a different browser than Internet Explorer as it no longer meets modern web and security standards. Therefore we cannot guarantee that our site fully works in Internet Explorer. You can use Chrome or Firefox instead.

Why Frax Share Is Skyrocketing Today

TheMotleyFool

0 0

Frax Share (CRYPTO: FSX) is seeing explosive gains in Saturday's trading. The cryptocurrency was up roughly 61.2% over the previous 24-hour period as of 1:20 p.m. ET today.

Terraform Labs founder Do Kwan published messages on Twitter today announcing the launch of 4pool -- an initiative designed to expand the liquidity of stablecoins by consolidating usage through a series of tokens including Frax Finance's FRAX (CRYPTO: FRAX). Meanwhile, Terra's (CRYPTO: LUNA) Luna token was up roughly 7.2% over the last day of trading.

Image source: Getty Images.

Source Fool.com

Like: 0

CVX

Share