What is PHOENIX(PHX)?

Basic information about PHX

Coin name:

PHOENIX

Coin symbol:

Coin introduction:

Phoenix is a hyper deflationary protocol built on top of Inferno and functions as a staking whale in three separate Titanx projects: Blaze, Flux, and Titanx. Rewards received are used to maintain the stakes and fuel the Phoenix buy&burn. This buy&burn will route through Inferno first before buying Phoenix off market. The Phoenix brought off market is split 50/50: half is burnt, and half is sent to an auction balance where 1% of the balance is auctioned off daily for Titanx. Titanx received is recycled back into Phoenix. The Staking Trinity Phoenix will have partial ownership in three staking protocols. The rewards received will be split between maintaining the stakes and fueling the Phoenix buy&burn / buy&bid. Titanx stake- 20% of all Titanx that enters Phoenix through the mint phase will be max staked. Flux stake- 28% of all Titanx that enters Phoenix through the mint phase will first buy Inferno before buying Flux to be max staked. Blaze stake- 9% of all Titanx that enters Phoenix during the mint phase will first buy Inferno before buying Blaze to be max staked. For the first 110 days 100% of rewards received will be reinvested to grow the stake. Daily auctions Whenever the Phoenix buy smart contract is triggered by a user Titanx will buy Inferno before buying Phoenix. The Phoenix brought is split 50/50: 50% will be burnt. 50% will be sent to an auction balance. Starting after the mint phase perpetual auctions will commence with 1% of this balance being up for grabs in return for Titanx. The Titanx received will be recycled back into the Phoenix buy smart contract and will also be used to further support the three stakes.

Current Price:

$0.000000More coin details

All-time high:

$0.000001

All-time low:

$0.000000

PHX Supply Info and Tokenomics

Circulating supply:

294,216,308,421

Total supply:

294,216,308,421

Max supply:

Market cap:

$17.02K

Fully diluted valuation:

$17.02K

What is the outlook and future value of PHX?

The current market cap of PHX is $17.02K, ranked 10042 in the market, showing that the market already recognizes the value of PHX. When a bull market arrives, the market cap of PHX may continue to grow.

Moreover, if PHX can play a greater role in real-world applications—such as if the Monero developers can fully empower PHX and establish partnerships with more business partners to expand its user base—then the long-term value of PHX will be further enhanced.

What is the price of PHX in 2027?

According to the historical price performance prediction model of PHX, the price of PHX is expected to reach $0.000000 at 2027.

Note: As with any crypto investment, investors should closely monitor PHX’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get PHX?

Purchasing PHX with cash is not the only way to obtain PHX. If you have enough time, you can get PHX for free.

Learn how to get Hot rewards for free with PHX.

Earn free PHX by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get PHX airdrops for free.

All crypto airdrops and rewards can be exchanged for PHX through LBank spot trading.

Buy PHX starting from $1

What is PHX used for and how to use it?

The use cases for PHX may grow with the development of the crypto market and project progress. Currently, you can use PHX to:

Arbitrage trading of PHX

PHX is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many PHX trading pairs to suit your needs.

Earn yield with PHX

You can also lend out PHX or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your PHX gains.

Send or pay with PHX

If you want to pay someone with PHX, you can easily and quickly send PHX to them using their receiving address.

You can also visit the official website of PHOENIX to learn more use cases of PHX, such as whether the PHOENIX project supports community/eco apps or buying physical or virtual goods with PHX.