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What is Phoenix (PHB)?

Phoenix basic info

Name:Phoenix
Ticker:
Introduction:

What is Phoenix (PHB)?

Phoenix is a revolutionary blockchain infrastructure that supports both Layer 1 and Layer 2 applications. Its primary focus is on enabling intelligent Web3 applications that prioritize the next generation of AI and privacy. Phoenix's cryptocurrency, PHB, operates on the BNB Smart Chain (BEP20) platform, providing users with a secure and efficient platform for their digital transactions.

How does Phoenix (PHB) Work?

Their infrastructure for scaling AI computation tasks and deploying AI-enabled applications is based on Web 3 technology and includes a specialized AI Computation Layer. This layer supports various applications, such as deep learning, predictive analytics, large language models (LLM), federated learning, and AI edge computing. Their goal is to provide AI-driven capabilities to blockchain applications and bring Web-3 features to off-chain AI apps, making it easier for users to access these cutting-edge technologies.

What makes Phoenix (PHB) Unique?

Phoenix Computation Layer integrates AI models, privacy-preserving methods, and compute resources into a single Web-3 based infrastructure, making it easier for intelligent applications to scale up efficiently. In addition to solving the resource scaling problem, Phoenix Computation Layer also streamlines the deployment process for AI models.

What is the main vision of Phoenix (PHB)?

Phoenix believes in providing tangible real-world benefits through their decentralized AI technology. Their vision, the Phoenix Trifecta, revolves around this concept and employs their decentralized AI infrastructure to empower various applications. Their aim is to unleash the power of AI for alpha generation, as exemplified by AlphaNet. They also strive to make predictive AI insights accessible, scalable, and user-friendly using SkyNet's AI model service. Lastly, they plan to use AI to revolutionize the way people work, research, and learn, with technology like PhoenixLLM.

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Current price:
All-time high:$4.09
All-time low:$0.06654

PHB supply and tokenomics

Circulating supply:53,174,710 PHB
Total supply:53,174,713 PHB
Max supply:64,000,000 PHB
Market cap:$78.42M
Fully diluted market cap:$94.38M

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What is the development prospect and future value of PHB?

The market value of PHB currently stands at $78.42M, and its market ranking is #527. The value of PHB is not widely recognized by the market. When the bull market comes, the market value of PHB may have great growth potential.

As a new type of currency with innovative technology and unique use cases, PHB has broad market potential and significant room for development. The distinctiveness and appeal of PHB may attract the interest of specific groups, thereby driving up its market value.

What will the price of PHB be in 2025?
Based on PHB's historical price performance prediction model, the price of PHB is projected to reach $1.65 in 2025.
What will the price of PHB be in 2030?
In 2030, the PHB price is expected to change by +7.00%. By the end of 2030, the PHB price is projected to reach $2.84, with a cumulative ROI of +96.47%.
Reminder: Just like all cryptocurrency investments, investors must closely monitor the market performance of PHB and be aware of the associated risks. The world of cryptocurrencies is full of uncertainties, so thorough research and preparation are essential.

Is PHB worth investing or holding? How to buy PHB from a crypto exchange?

If you want to buy PHB, the following information may be helpful for your investment decisions:
In the last 7 days, the price of PHB has fallen by -23.37%, leading to negative returns for most PHB investors. The market is currently pessimistic about the price trend of PHB.
It is important to note that the current price of PHB has retreated by -63.98% from its all-time high. This coin is currently considered medium-risk, and its price may rebound or continue to fall.
Additionally, it's important to understand that each coin has its own optimal times for buying and selling. The optimal time to invest is dynamic: when a coin is undervalued, it's wise to adopt a buying strategy; when it becomes overvalued, you should decisively sell the coin.
To decide whether PHB is worth investing in, you need to consider various market factors such as the overall trend of the cryptocurrency market, the project's fundamentals, its current market valuation, and whether the current price is suitable for buying. If the project's fundamentals suddenly change or the price becomes excessively high, you should adjust your investment strategy and trading operations accordingly.
Your investment decisions should be based on your own risk tolerance, financial status, market analysis and research, especially the timing of your investments. Correct timing can ensure more reliable returns. Keep in mind that investing in PHB or any cryptocurrency comes with certain risks and uncertainties.
Regardless of your outlook on the development prospects and future trends of PHB, if you want to buy or sell PHB, you can consider Bitget for your trading needs. The best place to buy PHB is an exchange that offers hassle-free and secure transactions, combined with a user-friendly interface and high liquidity. Every day, millions of users choose Bitget as their trusted platform for crypto purchases.
Investing in Phoenix has never been easier. Simply sign up on Bitget, complete the identity verification process, and make payments using bank transfers, debit cards, or credit cards, all while ensuring security through crypto wallets. This is a widely adopted method to buy Phoenix. Here's a step-by-step guide on how to buy Phoenix on Bitget.

How to get Phoenix through other methods?

Using cash to buy Phoenix is not the only way to obtain Phoenix. If you have the time to spare, you can get Phoenix for free.
Learn how to earn Phoenix for free through the Learn2Earn promotion.
Earn free Phoenix by inviting friends to join Bitget's Assist2Earn promotion.
Receive free Phoenix airdrops by joining ongoing challenges and promotions.
All crypto airdrops and rewards can be converted to Phoenix through Bitget Convert, Bitget Swap, or spot trading.

What is Phoenix used for and how to use Phoenix?

The use case of Phoenix may expand as the crypto market and the project itself develop. Currently, you can use PHB to achieve the following goals:
Arbitrage by trading PHB: Since PHB is a frequently traded cryptocurrency, the price of PHB is always fluctuating. Earn more PHB by buying low and selling high on the exchange. Bitget spot market provides a variety of PHB trading pairs to fully meet your needs.
Earn by staking PHB: You can also generate income through financial management methods such as staking PHB or lending PHB. Bitget Earn offers a variety of financial products designed to help you earn more income from your PHB.
Send or pay PHB: If you want to give PHB to your friends, a charity, or a fundraiser, or you want to pay someone with PHB, you can quickly and easily send PHB to the recipient through their payment address.
You can also go to the official website of the Phoenix project to learn more about the use cases of PHB. For example, find out if the project supports the use of within its community or ecology, or if the project allows you to purchase physical or virtual products in .

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PHB resources

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BNB Smart Chain (BEP20)
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Links
Phoenix WebsitePhoenix WhitepaperPhoenix TwitterPhoenix Github

PHB price calculator

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PHB
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1 PHB = 1.47 USD
Last updated (UTC-0)
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