May 14-15 was a good day for Farad (FRD) after 73.33% rise

May 15, 2018 - By Henry Gaston

It was good day for Farad (FRD), as it jumped by $0.00801867 or 73.33%, touching $0.01895322. Top Cryptocoin Experts believe that Farad (FRD) is looking for the $0.020848542 goal. According to 9 analysts could reach $0.0517240651392098. The highest price was $0.01895322 and lowest of $0.01093455 for May 14-15. The open was $0.01093455. It last traded at EtherDelta exchange.

For a month, Farad (FRD) tokens went down -49.31% from $0.03739 for coin. For 100 days FRD is up 43.04% from $0.01325. It traded at $0.03556 200 days ago. Farad (FRD) has 1.60B coins mined with the market cap $30.33M. It has 1.60B coins in circulation. It was founded on 02/08/2017. The Crypto FRD has proof type and operates under algorithm.

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.

 

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