Fei USD (FEI) has recently seen a price uptick of 2% against the US dollar, bringing its current trading price to approximately $1.00. This positive movement comes as the token”s market capitalization has reached $3.43 million, with around $2.79 thousand worth of Fei USD transacted over the last 24 hours, as of 11:00 AM E.T. on February 21st.
Despite this recent gain, Fei USD has experienced a decline of 3.2% over the past week. For context, one Fei USD token can be exchanged for about 0.00001463 BTC on various exchanges.
Launched on April 3rd, 2021, Fei USD is a unique cryptocurrency with a total supply of 3,694,014 tokens, of which 3,438,426 are currently in circulation. Its official website is fei.money, and it maintains a presence on social media platforms such as Twitter, where its handle is @feiprotocol, and on Facebook.
For investors looking to acquire Fei USD, it is typically necessary to first purchase Ethereum or Bitcoin through exchanges that accept US dollars, such as Gemini, Changelly, or GDAX. Once these cryptocurrencies are obtained, investors can then use them to trade for Fei USD on the aforementioned platforms.
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