Details about Fei USD cryptocurrency
€13,802,453 ( -0.60868%)
€12,736
15,733,759
15,475,091
57.888
Unknown
https://fei.money/
@feiprotocol
85407x
€76213.8
Fei USD price charts
FEI exchanges
Fei USD, the crypto
Fei USD (FEI) is a stablecoin cryptocurrency that operates on the Ethereum blockchain. It was designed to maintain a stable value of $1 USD by utilizing an algorithmic system that adjusts its supply based on demand.
The point
The main point of Fei USD (FEI) is to provide a stable cryptocurrency that can be used as a medium of exchange and a store of value. Its algorithmic stabilization mechanism is intended to mitigate the volatility that is common in other cryptocurrencies.
The problem
Fei USD (FEI) tries to solve the problem of volatility that is inherent in other cryptocurrencies, which can make them unsuitable for use as a medium of exchange or a store of value. By maintaining a stable value, FEI aims to provide users with a reliable and predictable cryptocurrency that can be used in a variety of transactions.
Compare FEI and BTC performance
| Timeframe | FEI | BTC |
|---|---|---|
| 1h change | 0.532008 % | -0.234911 % |
| 24h change | -0.52 % | 1.25967 % |
| 7 day change | -6.69 % | -1.44157 % |
| 14 day change | -3.81 % | -9.47799 % |
| 30 day change | -3.51 % | -7.33786 % |
| 200 day change | -5.36 % | 129.168 % |
| Year change | -6.33 % | 129.33 % |