⇑ Phoenix Coin Soars High amid Brief Downfall; A New Crypto King on Horizon

The Phoenix Coin has created a buzz in the cryptocurrency market. The recent price predictions for the coin hint at promising growth by close of 2024. The crypto coin also secured its listing on the crypto exchange DePINScan, which is expected to elevate market presence. The coin garnered massive attention marking a 4,000,000% growth in just 24 hours, branded as the 'Crypto King.'

There are concerns within the community due to an overnight increased hash rate following the launch of the ‘Phoenix.’ Phoenix Coin also gained recognition for deploying innovative technology, having a strong community-oriented approach. However, amidst the positives, Phoenix and Wasabi announced their exit from the U.S market due to a crackdown on self-custody wallets.

Phoenix Group has also entered into a $380M deal with WhatsMiner for green Bitcoin mining, and the COIN planning to make a winter tour stop in Phoenix. The Phoenix Memecoin ($PHNX) made its debut and received positive responses for its innovative tokenomics.

There are reports about the withdrawal of the Phoenix Wallet from U.S Markets due to regulatory concerns. With all these developments, the UAE-based Phoenix Group's shares acknowledged a surge in the Abu Dhabi Stock Market, indicating investor confidence in the Middle Eastern crypto economy.

Phoenix Coin News Analytics from Tue, 19 Jun 2018 07:00:00 GMT to Tue, 23 Jul 2024 16:51:08 GMT - Rating 8 - Innovation 8 - Information 7 - Rumor -1