Frax Ether is a promising asset in the cryptocurrency space, built on an innovative protocol that aims to create more stability and security within decentralized finance ecosystems. By utilizing a hybrid model that combines algorithmic mechanisms with fractional reserves, it offers users a unique approach to maintaining a stable value while also allowing for efficient scalability. As interest in decentralized financial solutions grows, Frax Ether stands out for its commitment to pioneering adaptable and resilient token economics.
more informationCivic is revolutionizing digital identity management by leveraging blockchain technology to provide secure and user-friendly solutions for identity verification. With its innovative approach, Civic empowers individuals to take control of their personal information while enabling businesses to authenticate identities efficiently. As the demand for privacy and security continues to grow in the digital landscape, Civic positions itself as a key player in creating trustworthy interactions online.
more information
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General Information |
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Title
Frax Ether
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Title
Civic
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Symbol
frxeth
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Symbol
cvc
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Whitepaper
-
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Whitepaper
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Website
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Website
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Community
-
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Community
-
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Last Updated
2025-03-13 23:58
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Last Updated
2025-03-13 23:59
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Price Data |
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Current Price $
1855.81
$
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Current Price $
0.095302
$
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High 24h
1918.41
$
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High 24h
0.098449
$
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Low 24h
1822.2
$
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Low 24h
0.092829
$
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Price Change 24h
-33.242155104082
$
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Price Change 24h
-0.0015669604772135
$
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Price Change % 24h
-1.75972
%
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Price Change % 24h
-1.61761
%
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Market Data |
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Market Cap
243092302
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Market Cap
76416875
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Total Volume
3719529
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Total Volume
10310557
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Market Cap Change 24h
-5979794.4622574
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Market Cap Change 24h
-1325512.05193
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Market Cap Change % 24h
-2.40083
%
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Market Cap Change % 24h
-1.70501
%
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Return on Investment (ROI)
-
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Return on Investment (ROI)
-4.6980397415018
%
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Supply and Availability |
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Circulating Supply
130940.29039607
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Circulating Supply
802000010
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Total Supply
130940.29039607
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Total Supply
1000000000
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Max Supply
-
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Max Supply
-
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Historical Data |
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All Time High (ATH)
4084.25
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All Time High (ATH)
1.35
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ATH Change %
-54.55544
%
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ATH Change %
-92.95606
%
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ATH Date
2024-12-06 20:43
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ATH Date
2018-01-03 00:00
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All Time Low (ATL)
1137.25
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All Time Low (ATL)
0.01102541
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ATL Change %
63.20713
%
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ATL Change %
761.67828
%
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ATL Date
2022-11-23 02:25
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ATL Date
2020-03-13 02:15
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Frax Ether (frxETH) is a relatively new player in the cryptocurrency market that has quickly gained attention for its unique features and potential integrations within the Frax ecosystem. As a blend of stablecoin and Ethereum (ETH), it offers an innovative approach to deal with the volatility often associated with cryptocurrencies.
Frax Ether is a hybrid asset that aims to provide the stability of stablecoins while leveraging the utility and growth potential of Ethereum. Designed within the Frax ecosystem, Frax Ether attempts to maintain a relatively stable value closer to ETH while implementing a partially algorithmic, partially collateral-backed model similar to the Frax stablecoin itself.
Launched in late 2022, Frax Ether has exhibited a roller-coaster growth pattern, much like any innovative cryptocurrency. It reached its all-time high (ATH) of $4062.68 in March 2024 but has since dropped approximately 37% to its current value of $2544.31. Such fluctuations are not unusual in the crypto space, particularly for a coin that integrates elements from both stable and volatile cryptocurrencies.
One of the primary advantages of Frax Ether is its potential for stability combined with greater upside movement due to its Ethereum linkage. The Frax protocol, known for its partially algorithmic approach, adds an extra layer of confidence among investors and users seeking a more consistent digital asset. Moreover, being part of the Frax ecosystem ensures a level of support and potential liquidity options for users.
Despite its innovative approach, Frax Ether is not without its challenges. Critics argue that the hybrid nature of the coin, combining stablecoin mechanics with a volatile asset like Ethereum, may lead to unforeseen risks. Additionally, the coin’s relatively fresh entry into the cryptocurrency market means it is yet to establish a long-term track record, resulting in potential hesitancy from more conservative investors.
Looking forward, Frax Ether has significant potential for growth, especially with increasing interest in hybrid crypto solutions that offer stability and potential for gains. If the Frax protocol continues to develop and adapt to market demands, Frax Ether could see broader adoption and integration. The advancements in Layer 2 solutions on Ethereum and increased DeFi activities might also contribute to its future relevance.
Frax Ether presents an intriguing option for those interested in innovative crypto solutions that balance stability and growth. While it carries inherent risks typical of any volatile asset tied to emerging technology, its place within the Frax ecosystem and its unique hybrid model make it a coin worth watching for both investors and enthusiasts alike.
Civic (CVC) is a cryptocurrency focusing on identity verification in the digital world. Established as a solution to the issue of online identity management, Civic allows users to maintain control over their personal information while streamlining the verification process for businesses. With the rising demand for secure digital identification solutions, Civic presents an interesting case study in the blockchain space.
Civic was launched in 2017, with its initial coin offering (ICO) raising over $33 million. The project's aim was clear: to revolutionize identity verification by leveraging blockchain technology. The coin reached an all-time high (ATH) of $1.35 on January 3, 2018, which was a significant achievement, reflecting the excitement surrounding initial blockchain projects at the time. However, like many cryptocurrencies, Civic experienced a steep decline following the peak of the market, with a notable drop that saw it fall to an all-time low (ATL) of $0.01102541 in March 2020.
Despite these fluctuations, Civic has managed to recover, with its current price hovering around $0.1285. Over the years, the project has made several pivotal partnerships, continuously evolving its platform to enhance its services and broaden its reach.
One of the most significant advantages of Civic is its commitment to user privacy and control. By enabling individuals to verify their identity without sharing unnecessary personal information, Civic reduces the risks associated with data breaches and identity theft. The platform's decentralized nature also means that users are not reliant on a single entity, thereby minimizing risks commonly associated with centralized databases.
Additionally, Civic's technology is designed to streamline the identity verification process for businesses. This efficiency can lead to a better user experience and quicker onboarding, which is crucial for companies relying on swift identity checks.
Despite its advantages, Civic also faces several challenges. The competitive landscape for identity verification solutions is increasingly crowded, with many new entrants seeking to address similar issues. Civic must continually innovate and improve its offerings to stand out in this saturated market.
Moreover, user adoption remains a critical factor in Civic's long-term success. The project relies on both consumers and businesses to embrace its technology, which can often be a slow process in fields where traditional systems are deeply entrenched.
The future of Civic appears cautiously optimistic. The demand for secure, efficient identity verification solutions is on the rise, especially in a world increasingly moving toward digital interactions. As regulatory frameworks around data privacy tighten, Civic's value proposition may become even more relevant.
Furthermore, with its market cap around $103 million and a circulating supply of 802 million tokens, Civic has room for growth. Its ROI stands at an impressive 28.54%, demonstrating profitability for early investors despite the turbulent market conditions.
In conclusion, Civic's path forward will depend on its ability to adapt to an evolving market, engage users effectively, and establish partnerships that enhance its platform's utility. As advancements in blockchain technology and data privacy continue to develop, Civic’s unique approach to identity verification could position it as a frontrunner in this vital sector.