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April 2023, the fpis price was 2.80....same period fxs was

8.90.

Do people think this is due to losing interest in fpis? Or maybe that fpis was more elastic than fxs during the "bull" (well maybe not a bull time).

If fxs grows to 100...it feels like fpis would grow quite a bit. Some have argued confidently that this would not happen. Why is that believed to be so?

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Why you pick April? Why not look at price in more recent months?

Supply much less of FPIS then as well so would have been mega cheaper per token to convert

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