Fantastic Protocol Peg-AVAX (FAVAX) TokenFAVAX
$94.8
Market/Exchange
FAVAX Price Prediction and Price Movement
FAVAX is up 1.96 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of FAVAX can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, FAVAX has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on FAVAX's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Fantastic Protocol Peg-AVAX (FAVAX) Token Price Chart
About Fantastic Protocol Peg-AVAX (FAVAX) Token
"Fantastic Protocol is a DeFi project aimed at developing and popularizing synthetic tokens for multiple L1 Ecosystems. Imagine having exposure to the price of FTM or AVAX token without actually owning it.
Built for L1 token fans: Fantastic Protocol With the Fantastic Protocol, we introduce a decentralized solution by adopting a partial collateralized design, where Fantastics's synthetic tokens are partially backed by a L1 token and partially by our native token."