Phoenix Coin, otherwise known as
Phoenix Memecoin ($PHNX), has dominated the crypto space surprising everyone with its innovative tokenomics and strong emphasis on community. The cryptocurrency, though initially branded as a memecoin, has gotten serious attention following it's unexpected and mind-blowing growth of
4,000,000% in 24 hours. Also, evolving from it's meme status, the Phoenix Coin has announced partnerships, showing further promise in its development and acceptance.
Strongest amongst its feats is the recent domination of 90% of the Bitcoin Cash network with Phoenix BCH Miner skyrocketing the hash rate to new peaks. This unprecedented takeover has caused concerns and sparked discussions within the crypto community. However, amidst the regulatory crackdown in the U.S., Phoenix, along with Wasabi, have announced their exit from the market. Concurrently,
RockItCoin has made bold strides by acquiring
FirstCoin ATM and Phoenix Crypto Bitcoin ATM Networks.
The investment interest in Phoenix Coin is seemingly solidified by recent financial developments.
Phoenix Group, a crypto miner, claimed that its share sale in the UAE was 33-times oversubscribed. Following that, it made a stunning 50% surge after a $371 million Abu Dhabi IPO. This trend of investment interest continued when the firm secured a $380 million deal for sustainable Bitcoin mining equipment, indicating larger plans for growth and dominance in the crypto space.
Phoenix Coin News Analytics from Tue, 19 Jun 2018 07:00:00 GMT to Tue, 09 Jul 2024 19:26:00 GMT -
Rating 7
- Innovation 5
- Information 8
- Rumor 6
