ShapeShift FOX
Market Open
14 Jun, 12:08
$
0. 004670
-0.00005
-1.0593%
$
244,961 Volume
$ 0.00472
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FOXUSD Overview
FOXUSD denotes the exchange rate between ShapeShift FOX (FOX) and the US dollar, reflecting the value of one FOX token priced in USD. It serves as the primary fiat-quoted measure traders and investors use to assess the token’s market value.
ShapeShift FOX is an ERC-20 cryptocurrency introduced in 2020 as part of ShapeShift’s transition toward a decentralized governance model. Launched by ShapeShift, the token functions as a utility and governance asset within the ecosystem, enabling participation in DAO governance, rewards programs and other protocol-level incentives. It is blockchain-based and transacts on Ethereum-compatible infrastructure.
The FOXUSD price is determined by the balance of buy and sell orders across exchanges, liquidity pools and over-the-counter venues. Market sentiment, on-chain activity, developer announcements and broader macro factors such as USD strength and overall crypto market risk appetite also influence price formation. Volume and order-book depth on major venues play a key role in short-term moves.
FOXUSD matters to market participants as a benchmark for valuation, a vehicle for speculation, and an input to portfolio and risk-management decisions. Traders use the pair for directional trades, arbitrage and liquidity provision, while investors may monitor it to assess token performance relative to fiat.
As with many mid-cap tokens, FOXUSD can exhibit elevated volatility and liquidity can be concentrated on specific platforms, which may widen spreads and increase execution risk during stressed market conditions.
ShapeShift FOX is an ERC-20 cryptocurrency introduced in 2020 as part of ShapeShift’s transition toward a decentralized governance model. Launched by ShapeShift, the token functions as a utility and governance asset within the ecosystem, enabling participation in DAO governance, rewards programs and other protocol-level incentives. It is blockchain-based and transacts on Ethereum-compatible infrastructure.
The FOXUSD price is determined by the balance of buy and sell orders across exchanges, liquidity pools and over-the-counter venues. Market sentiment, on-chain activity, developer announcements and broader macro factors such as USD strength and overall crypto market risk appetite also influence price formation. Volume and order-book depth on major venues play a key role in short-term moves.
FOXUSD matters to market participants as a benchmark for valuation, a vehicle for speculation, and an input to portfolio and risk-management decisions. Traders use the pair for directional trades, arbitrage and liquidity provision, while investors may monitor it to assess token performance relative to fiat.
As with many mid-cap tokens, FOXUSD can exhibit elevated volatility and liquidity can be concentrated on specific platforms, which may widen spreads and increase execution risk during stressed market conditions.
FOXUSD Chart
FOXUSD FAQ
What is the current ShapeShift FOX price?
The current price is $0.004670, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by -0.00005 (-1.0593%), showing how much the asset has moved compared to the previous close.
What is the previous close for ShapeShift FOX?
The previous close was $0.004720, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (-1.0593%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.004590) and highest ($0.004750) prices traded during the selected period, helping assess volatility.
Why is ShapeShift FOX (FOX) moving today?
Price movements in ShapeShift FOX are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.004670) is below the previous close ($0.004720), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for ShapeShift FOX?
You can view real-time charts, price updates, and market data for ShapeShift FOX (FOX) directly on this page.
