Frax profile
Frax Profile (FRAX)
Score: 3.67 | Poor
Adventurous Small Cap
Project Safety Score

Wed, Sep 15, 2021 8:56 AM

Score 3.67
Rating Poor
Market Cap $319326285.86993
24hr Volume $7589789.116217
Price $0.990125769109
Review

Frax

token

ethereum

Frax (FRAX) is a cryptocurrency and operates on the Ethereum platform.

Read more in the whitepaper:
https://frax.finance/whitepaper/

Frax Project Statement

Project statements are provided by senior members of the project team and serve to tell the reader why the project has honorable intentions and why is definitely not a scam.

Please get in touch to submit a project statement for this project. Emails must be sent from official domain email addresses and will be verified before being accepted.

Full Report

Frax Safety Report

Frax has a safety score of 3.67

Frax is a small cap token.

Frax is suited to a adventurous investment style.


Frax Profile

This profile is missing some data needed to perform a thorough analysis. Depending on what data is missing then this could have a negative impact on the overall rating.

Missing Data:
  • project team
  • facebook
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges

Frax Red Flags

There are currently no Frax red flags.


Frax Development Score

The Frax project has 17 active source code repositories.

The most recent commit was Fri, Sep 10, 2021 5:52 PM

  • 37 Watchers
  • 117 Stars
  • 74 Mentionable Users
  • 0 Vulnerabilities
  • 117 commits in the last 28 days.
Highlights:
  • extremely high repo stars
  • daily repo updates
  • poor stars
  • no watchers
  • very poor mentionable users

Frax Sentiment Score

The sentiment score indicates how well the wider community regards the project. We analyse social media platforms such a Reddit, Twitter etc to access if the community is talking positively or negatively about a project. Or if they are even talking about the project at all!

The overall sentiment is very poor indicating that this project is either not well-regarded in the community or simply no one is talking about Frax. In general as the popularity of a project grows and as main stream awareness grows this score will go up - though only if the news is good news!
Highlights:
  • The overall sentiment is very poor

Frax Community Score

The community score indicates how active community is. Are they writing lots of articles and engaging in lots of conversations on the web? Where is the crypto communities attention spent? There are so many hours in the day to spend writing, reading, researching a project. So how much of this time is spent on Frax?

The larger a community is then the more eyes are on that project. Sharing information, red flags and concerns is more likely the bigger the community is. And larger communities are alot hard to censor and control - therefore they provide a diverse range of opinions.

Overall Frax has an poor community rating, small communities can be easily manipulated and bullied (banned from telegram, deleted from discord etc) into towing the project line. If a project is new and doesnt have a big active community then in general as the project grows the community score will increase.

Highlights:
  • extremely high hashtag tweets
  • below average gitHub account watchers
  • no reddit articles
  • very poor search result count

Frax Awareness Score

The awareness score indicates how well Frax is known in the main stream. Its all very well for a project to have a discord channel to have 1000 users chatting all day about how great the Frax is but a good measure of longevity is how well the project is known by the general public.

Overall Frax this project is not known by the general community. If a project is new and has not had a lot of marketing or exposure then in general as the project grows the awareness score will increase.

Highlights:
  • no search result total
  • poor news articles mentioning Frax
  • no news articles directly about Frax

Frax Credibility Score

The credibility score indicates how credibility a project is. Does it have a ridiculous name? Is it run by a 13yr old in their basement? Is it just 2 days old and too early to tell?

Highlights:
  • Growing project age (released Sep 8, 2020)

Frax Volume Score

The volume score is the simplest of all our metrics and quite often the bottom line metric. It doesnt matter how well a project scores on the other factors, if it is only shifting a few thousand dollars a day in volume then there is a high chance you will left holding a bag

Highlights:
  • below average USD 24hr volume

Red flags come in all shapes and sizes

At the end of the day a cryptocurrency project requires you to part with your hard earned cash in order for it to become succesful.

You expect a level of transparency and professionalism from a project that is asking for your money.

There are all sorts of red flags which you should be weary of;

  • 404 (missing) websites
  • Expired SSL certs
  • Malware/Hijacked sites
  • Suspended Twitter accounts
  • Private Subreddits
  • SEC investiations

If you spot anything suspicious/resolved then please let us know.

Frax Red flags
  • No red flags
    No red flags have been identified. That doesnt mean its a 100% safe project, it just means that no red flags have been brought to our attention.

Frax Exchanges
FRAX
Community Trust Score (FRAX)

--/5

0 reviews
No reviews
Be the first to leave a review

No one is talking about Frax, be the first to start the conversation.

Do you think Frax is a scam project which will disappear in a rug pull in the next few months or do you think Frax is here to stay?

And more importantly let us know your experience and warn others if you have noticed something suspicious.

62.50%

Complete
Profile Status

How complete is this profile:

Lots of missing data points

This profile is still waiting for the following data points

  • project team
  • facebook
  • reddit
  • bitcointalk thread
  • tradingview profile
  • exchanges
Community Signals

--/5

(no reviews)
Community Trust Score
Market Cap Rank:
238
Voted:
--
Bulls v Bears:
neutral
Watching:
0
Trending Position:
Frax Github
Frax News
  • Frax News, Analysis and Price Prediction (FRAX)

    Thu, Jul 1, 2021 12:00 AM

    Are you thinking about adding Frax (FRAX) to your cryptocurrency portfolio? View FRAX's latest...

    read more...
  • Frax Achieves Market Cap of $111.84 Million (FRAX)

    Mon, May 24, 2021 4:10 AM

    Frax (CURRENCY:FRAX) traded up 0.4% against the US dollar during the 24-hour period ending at 0:00...

    read more...
  • Frax (FRAX) Reaches One Day Trading Volume of $4.91 Million

    Sat, May 15, 2021 2:56 PM

    Frax (CURRENCY:FRAX) traded down 0.7% against the dollar during the one day period ending at 10:00...

    read more...
  • Frax Price Reaches $1.00 (FRAX)

    Fri, May 14, 2021 12:00 PM

    Frax (CURRENCY:FRAX) traded up 0.1% against the dollar during the one day period ending at 12:00 PM...

    read more...
  • Frax Market Cap Reaches $139.69 Million (FRAX)

    Wed, May 12, 2021 1:16 PM

    Frax (CURRENCY:FRAX) traded down 0.8% against the U.S. dollar during the 1 day period ending at...

    read more...