Farad (FRD) plunges -7.69% on December 6-7

December 7, 2017 - By wolcottdaily

Farad (FRD) had a bad 24 hours as the crypto declined $-0.01 or -7.69% trading at $0.10. According to Global Crypto Analysts, Farad (FRD) eyes $0.11 target on the road to $0.18. FRD last traded at EtherDelta exchange. It had high of $0.11 and low of $0.10 for December 6-7. The open was $0.11.

Farad (FRD) is up 12.68% in the last 30 days from $0.09 per coin. Its up 0.00% in the last 100 days since when traded at $0.00 (non existent) and the annual trend is up. 200 days ago FRD traded at $0.00 (non existent). FRD has 1.60B coins mined giving it $163.10 million market cap. Farad maximum coins available are 1.60 billion. FRD uses algorithm and proof type. It was started on 02/08/2017.

Farad is an ultra-capacitors (high power density energy storage device) manufacturer.

FRD is an Ethereum-based ERC20 token backed by the production of the supra-mentioned ultra-capacitors in Farad’s China-based factory. Farad linked their digital tokens to real-life economic production. The FRD represents the right to the contract ‘manufacturing and sales agency agreement’ to produce Ultra-Capacitor Cells ( UCC ) with an output of 1 600 000 000 mF over a period of 36 months. Each FRD is equivalent to 1 mili-Faraday ( mF ) that each cell for ultra-capacitor will generate.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our daily email newsletter.

Free Email Newsletter

Enter your email address below to get the latest news and analysts' ratings for your stocks with our free daily email newsletter:

Twitter Auto Publish Powered By : XYZScripts.com