Here’s how one algorithmic indicator predicted multiple phases of long-term FXS shrinkage By Cointelegraph

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Frax Share (FXS) was one of the few altcoins to achieve a dominant price amid market declines from late 2021 to early 2022. In the month between December 14 and January 14, FXS rose 128% against US dollars and 159 % according to (BTC). With this impressive feat, FXS has repeatedly topped the historical bulls trading rankings during this period. What lies behind the recurring strong prospects of token trading?

Stable ecosystem management

FXS is a service token that supports the Frax ecosystem – a stable protocol that seeks to bridge the gap between fully collateralized and fully algorithmic stable coins, taking advantage of both designs.

Winner of Curve Wars

Green means to go

VORTECS ™ Score (green / gray) against the FXS price, 17-24 December. Source: Cointelegraph Markets Pro
VORTECS ™ Score (green / gray) against the FXS price, January 6-13. Source: Cointelegraph Markets Pro

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