Phoenix Blockchain (PHX) Tokenomics

Phoenix Blockchain (PHX) Tokenomics

Discover key insights into Phoenix Blockchain (PHX), including its token supply, distribution model, and real-time market data.
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Phoenix Blockchain (PHX) Information

Phoenix Blockchain (PHX), launched in November 2021, stands as a pioneering force in the cryptocurrency utility space, backed by a robust team of over 50 collaborators and a vibrant volunteer community. Designed as an all-encompassing blockchain solution, PHX addresses the need for a platform that is both inclusive and efficient. Its defining feature is the extremely low transaction fees, which significantly lower the barrier to entry and foster an environment where innovation and creativity can thrive. This approach positions PHX as an accessible and appealing option for a wide range of users, setting it apart in the competitive blockchain ecosystem.

The PHX ecosystem is set to expand with the launch of key platforms that promise to enrich user experience and drive widespread adoption. FireSea, an NFT marketplace, will offer creators and artists a dynamic space to trade and display digital assets. Meanwhile, FireSwap, a decentralized exchange and token marketplace, aims to redefine token trading with its user-friendly and secure environment. Additionally, FireSwag, a merchandise store, will further engage the community and strengthen the PHX brand presence. These strategic developments underscore PHX's commitment to creating a comprehensive, low cost, and user-focused blockchain environment.

Phoenix Blockchain (PHX) Tokenomics & Price Analysis

Explore key tokenomics and price data for Phoenix Blockchain (PHX), including market cap, supply details, FDV, and price history. Understand the token's current value and market position at a glance.

Market Cap:
$ 14.67K
$ 14.67K$ 14.67K
Total Supply:
$ 7.67M
$ 7.67M$ 7.67M
Circulating Supply:
$ 7.67M
$ 7.67M$ 7.67M
FDV (Fully Diluted Valuation):
$ 14.67K
$ 14.67K$ 14.67K
All-Time High:
$ 1.45
$ 1.45$ 1.45
All-Time Low:
$ 0.00145453
$ 0.00145453$ 0.00145453
Current Price:
$ 0.00191403
$ 0.00191403$ 0.00191403

Phoenix Blockchain (PHX) Tokenomics: Key Metrics Explained and Use Cases

Understanding the tokenomics of Phoenix Blockchain (PHX) is essential for analyzing its long-term value, sustainability, and potential.

Key Metrics and How They Are Calculated:

Total Supply:

The maximum number of PHX tokens that have been or will ever be created.

Circulating Supply:

The number of tokens currently available on the market and in public hands.

Max Supply:

The hard cap on how many PHX tokens can exist in total.

FDV (Fully Diluted Valuation):

Calculated as current price × max supply, giving a projection of total market cap if all tokens are in circulation.

Inflation Rate:

Reflects how fast new tokens are introduced, affecting scarcity and long-term price movement.

Why Do These Metrics Matter for Traders?

High circulating supply = greater liquidity.

Limited max supply + low inflation = potential for long-term price appreciation.

Transparent token distribution = better trust in the project and lower risk of centralized control.

High FDV with low current market cap = possible overvaluation signals.

Now that you understand PHX's tokenomics, explore PHX token's live price!

PHX Price Prediction

Want to know where PHX might be heading? Our PHX price prediction page combines market sentiment, historical trends, and technical indicators to provide a forward-looking view.

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Disclaimer

Tokenomics data on this page is from third-party sources. MEXC does not guarantee its accuracy. Please conduct thorough research before investing.