Fantastic Protocol Peg-AVAX (FAVAX) TokenFAVAX
FAVAX Price Prediction and Price Movement
FAVAX was added for less than three months and has a low rank at 4646 on CoinMarketCap, we predict that both price and market capitalization of this coin will be very volatile and traders should be extremely cautious while investing in FAVAX. It is possible that this coin can go up drastically while it is equally likely that it may go down heavily. So be careful and only invest in what you are willing to lose.
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."