Phoenix
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🔥 3 Must-Watch Medium Risk Coins in My Crypto Portfolio 🔥
Since embarking on my crypto journey in 2017, I've gleaned invaluable insights and developed a robust strategy to navigate the volatile waters of the crypto market. A key component of my approach involves categorizing my investments into three distinct risk profiles: low, medium, and high. Today, I'm thrilled to unveil three medium-risk coins that have found a place in my portfolio. Remember, this isn't financial advice, but rather a window into my personal crypto odyssey.
1️⃣ Phoenix ($PHB )
My Buy Price: $0.50
Why I Trust It: Phoenix is a unique project that aims to revolutionize the way we handle data and artificial intelligence. It's not just a coin; it's a step towards a more interconnected and intelligent digital world. The recent news about Phoenix's partnership further solidifies its potential in the market.
2️⃣ Oasis Network ($ROSE )
My Buy Price: $0.38
Why I Trust It: Oasis Network stands out for its privacy-focused blockchain, which is crucial in today's digital age. The team behind ROSE is constantly innovating, ensuring that user data remains confidential while still being useful. This approach to privacy is what makes ROSE a coin worth watching.
3️⃣ Aeron Network ($AREA)
My Buy Price: $0.08
Why I Trust It: Aeron Network is a next-generation blockchain technology that aims to develop its own Proof of Area blockchain technology, providing faster and more reliable NFT exchange, a more real metaverse experience, and rewarding its users with loyalty programs. Its goal is for crypto people to have a safer, faster, and more affordable crypto experience.
🤔 What are your thoughts on these coins?
If you'd like to know more about the other coins in my portfolio, show your interest by liking, commenting, tipping, or sharing this post. Your interaction is the key to unlocking the rest of my crypto vault!
Hashtags:#ROSE #Phoenix #Area #BinanceSquareTalks #CryptoGoals
Disclaimer:
This content is not financial advice. It's a reflection of my personal experiences.
Since embarking on my crypto journey in 2017, I've gleaned invaluable insights and developed a robust strategy to navigate the volatile waters of the crypto market. A key component of my approach involves categorizing my investments into three distinct risk profiles: low, medium, and high. Today, I'm thrilled to unveil three medium-risk coins that have found a place in my portfolio. Remember, this isn't financial advice, but rather a window into my personal crypto odyssey.
1️⃣ Phoenix ($PHB )
My Buy Price: $0.50
Why I Trust It: Phoenix is a unique project that aims to revolutionize the way we handle data and artificial intelligence. It's not just a coin; it's a step towards a more interconnected and intelligent digital world. The recent news about Phoenix's partnership further solidifies its potential in the market.
2️⃣ Oasis Network ($ROSE )
My Buy Price: $0.38
Why I Trust It: Oasis Network stands out for its privacy-focused blockchain, which is crucial in today's digital age. The team behind ROSE is constantly innovating, ensuring that user data remains confidential while still being useful. This approach to privacy is what makes ROSE a coin worth watching.
3️⃣ Aeron Network ($AREA)
My Buy Price: $0.08
Why I Trust It: Aeron Network is a next-generation blockchain technology that aims to develop its own Proof of Area blockchain technology, providing faster and more reliable NFT exchange, a more real metaverse experience, and rewarding its users with loyalty programs. Its goal is for crypto people to have a safer, faster, and more affordable crypto experience.
🤔 What are your thoughts on these coins?
If you'd like to know more about the other coins in my portfolio, show your interest by liking, commenting, tipping, or sharing this post. Your interaction is the key to unlocking the rest of my crypto vault!
Hashtags:#ROSE #Phoenix #Area #BinanceSquareTalks #CryptoGoals
Disclaimer:
This content is not financial advice. It's a reflection of my personal experiences.
🌖 Final Upgrade Proposal Of Terra
The TFL’s governance proposal, known as #proposal 4818, started on August 22 and the voting will end on August 29. It aims to upgrade Terra’s mainnet to version 2.12.4. Notably, this move comes as TFL said that it is winding down its operation following an SEC settlement and implementation of its Chapter 11 plan.
This upgrade, if approved, will mark the final development by TFL. In other words, the TFL will no longer support future chain updates, and the blockchain’s future will be left in the hands of community-driven initiatives like the #Phoenix Directive.
Meanwhile, one of the major aspects of this upgrade is the enforcement of a 5% minimum commission rate for validators. This follows a previous governance decision under proposal 4803, which established the global minimum commission rate. Notably, the upgrade will ensure that all the current and new validators follow this rate, which would help in enhancing the network’s integrity.
However, the most notable change, which is already gaining traction, is the burning of TFL’s $LUNA holdings. TFL aims to burn #LUNA✅ that it had in its possession, complying with the bankruptcy court order. This would include assets locked in a vesting contract, which will be burned directly following the upgrade.
In addition, the TFL plans to address the issue of compromised wallets and illegally minted #assets from the IBC exploit. It will help ensure that the assets are permanently removed from circulation, reflecting a step towards users’ safety and transparency.
Meanwhile, the removal of the blacklist functionality is another significant change with the upgrade. It which was initially implemented to prevent further withdrawals by the IBC attackers.
#DOGSONBINANCE
The TFL’s governance proposal, known as #proposal 4818, started on August 22 and the voting will end on August 29. It aims to upgrade Terra’s mainnet to version 2.12.4. Notably, this move comes as TFL said that it is winding down its operation following an SEC settlement and implementation of its Chapter 11 plan.
This upgrade, if approved, will mark the final development by TFL. In other words, the TFL will no longer support future chain updates, and the blockchain’s future will be left in the hands of community-driven initiatives like the #Phoenix Directive.
Meanwhile, one of the major aspects of this upgrade is the enforcement of a 5% minimum commission rate for validators. This follows a previous governance decision under proposal 4803, which established the global minimum commission rate. Notably, the upgrade will ensure that all the current and new validators follow this rate, which would help in enhancing the network’s integrity.
However, the most notable change, which is already gaining traction, is the burning of TFL’s $LUNA holdings. TFL aims to burn #LUNA✅ that it had in its possession, complying with the bankruptcy court order. This would include assets locked in a vesting contract, which will be burned directly following the upgrade.
In addition, the TFL plans to address the issue of compromised wallets and illegally minted #assets from the IBC exploit. It will help ensure that the assets are permanently removed from circulation, reflecting a step towards users’ safety and transparency.
Meanwhile, the removal of the blacklist functionality is another significant change with the upgrade. It which was initially implemented to prevent further withdrawals by the IBC attackers.
#DOGSONBINANCE
$PHB broke out again. Having confirmed its 1$ support, the path to our next 2.6$ target appears clear. Let's hope Bitcoin remains bullish through this period.
Historically, we've tracked a 460% gain on it.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
#PHB. #PhoenixPHB #Phoenix #Attri
Historically, we've tracked a 460% gain on it.
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content. See T&Cs.
#PHB. #PhoenixPHB #Phoenix #Attri
XRP and the 1988 Economist Prediction: A Bullish Case for a Global Currency
In the world of #cryptocurrencies , few coins generate as much intrigue as $XRP . While Bitcoin remains the undisputed leader of decentralized digital currencies, #XRP , with its unique use case and backing by financial institutions, has long been seen as a potential catalyst for a revolutionary change in the global financial system. And, as some observers have noted, an eerie connection exists between XRP’s mission and a famous 1988 Economist magazine prediction that hinted at a world currency emerging by 2018. Could XRP be the realization of that prophecy?
As we explore the links between XRP and the 1988 prediction, it’s crucial to understand how history, technological innovation, and current financial trends all point toward a bullish future for XRP. This isn’t just about price speculation — this is about the possibility of XRP becoming a cornerstone of the future global financial system. Let's delve deeper.
The 1988 Economist Prediction: A Global Currency by 2018
In 1988, The #Economist magazine published a cover that has since become legendary in financial and crypto circles. The cover featured a phoenix rising from a pile of burning fiat currencies, wearing a gold medallion with the date 2018. The bold headline read: "Get Ready for a World Currency."
At the time, the idea of a single global currency seemed far-fetched. The world was dominated by fiat currencies like the US dollar, British pound, and Japanese yen. Global trade was conducted using these currencies, and there seemed to be little need for a unified currency. However, the article inside The Economist painted a future where traditional currencies would become obsolete, replaced by a new international digital money system that would operate outside the control of any single nation or central bank.
The key argument was that the inefficiencies of national currencies — including inflation, devaluation, and currency wars — would lead to the rise of a single global currency that would simplify trade and stabilize global markets. The date 2018 was suggested as the point at which this new monetary system could emerge, sparking decades of speculation about which form this world currency might take.
XRP: The Bridge to a Global Financial System
Fast forward to the present day, and XRP, created by Ripple Labs, has emerged as a unique cryptocurrency with the potential to become that world currency. Unlike Bitcoin, which aims to be a decentralized store of value, XRP was designed to facilitate fast and cheap cross-border payments. It serves as a bridge currency, enabling the conversion of different fiat currencies in real-time and solving the liquidity problems that have plagued international banking for decades.
Ripple's goal with XRP has always been ambitious: to replace outdated payment systems like SWIFT, which are slow, expensive, and prone to error. By providing a near-instant, cost-effective alternative for transferring money across borders, XRP is being positioned as the foundation for a new financial infrastructure.
Institutional Adoption: Ripple has formed partnerships with over 300 financial institutions, including major banks like Santander and American Express. This gives XRP a real-world use case that very few cryptocurrencies can boast. With institutional adoption increasing, XRP’s role as a bridge currency becomes more critical for the future of global finance.RippleNet and ODL: Ripple’s On-Demand Liquidity (ODL) service allows institutions to leverage XRP for instant liquidity when sending cross-border payments. Instead of pre-funding accounts in multiple currencies, ODL uses XRP as the bridge between different fiat currencies, ensuring that payments can be made swiftly and cost-effectively. This further enhances XRP’s potential as a global financial tool.
Could XRP Fulfill the Economist's 1988 Prophecy?
The similarities between XRP’s mission and the 1988 Economist prediction are striking. The magazine predicted the rise of a "world currency" that would emerge in the wake of fiat currency failures, and XRP’s ability to act as a bridge currency fits this vision. More importantly, XRP’s growing role in global finance makes it a leading contender for fulfilling that prophecy.
The Phoenix Symbolism: The phoenix on The Economist cover symbolized the rebirth of a new global financial system from the ashes of the old. In many ways, this is what Ripple and XRP are doing — building a new, more efficient system on top of the outdated and fragmented fiat currency system. As the traditional financial infrastructure struggles to keep up with the demands of a globalized world, XRP offers a modern solution.The Year 2018: While the exact date of 2018 might have passed without a global currency takeover, it was the year that saw Ripple's partnerships explode and XRP becoming the third-largest cryptocurrency by market capitalization. Moreover, the groundwork laid by XRP in those years is what sets the stage for its future role in transforming global payments.
Historical Parallels: Trust in Revolutionary Technologies
If we look to history, there are several examples of revolutionary technologies that were initially met with skepticism, only to eventually reshape the world:
The Internet (1990s): When the internet first emerged, few could have predicted the seismic shift it would cause in communication, commerce, and global trade. Early adopters who saw its potential were richly rewarded, while those who doubted its impact were left behind. XRP’s technology could be the financial equivalent of the internet, enabling fast and frictionless payments that could underpin the next generation of global commerce.Gold Standard (19th-20th Century): Much like how the gold standard brought stability and trust to global trade, XRP could provide the liquidity and efficiency needed for modern-day global finance. Gold was trusted because it was scarce and universally accepted. Similarly, XRP’s finite supply and its ability to act as a bridge currency position it as a global asset in the emerging digital economy.
The Bullish Case for XRP's Future
With history as a guide and the potential alignment with the 1988 prediction, here are several reasons to be bullish on XRP:
Institutional Momentum: XRP’s institutional backing is growing rapidly. As more banks and payment providers adopt Ripple’s technology, the demand for XRP as a liquidity solution will increase. Unlike many cryptocurrencies that rely solely on retail speculation, XRP has a real use case with institutional partners.Regulatory Clarity: As governments around the world work to create regulatory frameworks for cryptocurrencies, XRP is well-positioned to thrive. Ripple has been working closely with regulators to ensure that XRP can operate within compliant financial systems, giving it an edge over more decentralized projects that might face legal challenges.Global Payment Infrastructure: The current global payment infrastructure is outdated, slow, and expensive. With Ripple and XRP offering a superior alternative, the potential for widespread adoption is significant. If XRP can capture even a small percentage of the $130 trillion global payments market, its value could skyrocket.Speculative Interest: As the narrative around XRP’s connection to the 1988 Economist prophecy gains traction, speculative interest is likely to increase. Whether or not the prophecy was truly about XRP, the fact remains that XRP fits the description of a world currency better than any other asset in the cryptocurrency space.
Conclusion: The #Phoenix is Rising
As we look to the future, XRP’s potential to become a key player in the global financial system is undeniable. The eerie connection to The Economist’s 1988 prediction only adds to the intrigue and speculation around its future. With a robust use case, growing institutional adoption, and a clear vision for transforming global payments, XRP is well-positioned to become a cornerstone of the next-generation financial ecosystem.
The phoenix from 1988 may well have been a symbol of XRP’s rise — from the ashes of an outdated financial system to a new world currency that transcends borders, eliminates inefficiencies, and ushers in a new era of global commerce.
For those paying attention, the signs are clear: the future of finance could be built on the back of XRP, and the time to be bullish is now.
As we explore the links between XRP and the 1988 prediction, it’s crucial to understand how history, technological innovation, and current financial trends all point toward a bullish future for XRP. This isn’t just about price speculation — this is about the possibility of XRP becoming a cornerstone of the future global financial system. Let's delve deeper.
The 1988 Economist Prediction: A Global Currency by 2018
In 1988, The #Economist magazine published a cover that has since become legendary in financial and crypto circles. The cover featured a phoenix rising from a pile of burning fiat currencies, wearing a gold medallion with the date 2018. The bold headline read: "Get Ready for a World Currency."
At the time, the idea of a single global currency seemed far-fetched. The world was dominated by fiat currencies like the US dollar, British pound, and Japanese yen. Global trade was conducted using these currencies, and there seemed to be little need for a unified currency. However, the article inside The Economist painted a future where traditional currencies would become obsolete, replaced by a new international digital money system that would operate outside the control of any single nation or central bank.
The key argument was that the inefficiencies of national currencies — including inflation, devaluation, and currency wars — would lead to the rise of a single global currency that would simplify trade and stabilize global markets. The date 2018 was suggested as the point at which this new monetary system could emerge, sparking decades of speculation about which form this world currency might take.
XRP: The Bridge to a Global Financial System
Fast forward to the present day, and XRP, created by Ripple Labs, has emerged as a unique cryptocurrency with the potential to become that world currency. Unlike Bitcoin, which aims to be a decentralized store of value, XRP was designed to facilitate fast and cheap cross-border payments. It serves as a bridge currency, enabling the conversion of different fiat currencies in real-time and solving the liquidity problems that have plagued international banking for decades.
Ripple's goal with XRP has always been ambitious: to replace outdated payment systems like SWIFT, which are slow, expensive, and prone to error. By providing a near-instant, cost-effective alternative for transferring money across borders, XRP is being positioned as the foundation for a new financial infrastructure.
Institutional Adoption: Ripple has formed partnerships with over 300 financial institutions, including major banks like Santander and American Express. This gives XRP a real-world use case that very few cryptocurrencies can boast. With institutional adoption increasing, XRP’s role as a bridge currency becomes more critical for the future of global finance.RippleNet and ODL: Ripple’s On-Demand Liquidity (ODL) service allows institutions to leverage XRP for instant liquidity when sending cross-border payments. Instead of pre-funding accounts in multiple currencies, ODL uses XRP as the bridge between different fiat currencies, ensuring that payments can be made swiftly and cost-effectively. This further enhances XRP’s potential as a global financial tool.
Could XRP Fulfill the Economist's 1988 Prophecy?
The similarities between XRP’s mission and the 1988 Economist prediction are striking. The magazine predicted the rise of a "world currency" that would emerge in the wake of fiat currency failures, and XRP’s ability to act as a bridge currency fits this vision. More importantly, XRP’s growing role in global finance makes it a leading contender for fulfilling that prophecy.
The Phoenix Symbolism: The phoenix on The Economist cover symbolized the rebirth of a new global financial system from the ashes of the old. In many ways, this is what Ripple and XRP are doing — building a new, more efficient system on top of the outdated and fragmented fiat currency system. As the traditional financial infrastructure struggles to keep up with the demands of a globalized world, XRP offers a modern solution.The Year 2018: While the exact date of 2018 might have passed without a global currency takeover, it was the year that saw Ripple's partnerships explode and XRP becoming the third-largest cryptocurrency by market capitalization. Moreover, the groundwork laid by XRP in those years is what sets the stage for its future role in transforming global payments.
Historical Parallels: Trust in Revolutionary Technologies
If we look to history, there are several examples of revolutionary technologies that were initially met with skepticism, only to eventually reshape the world:
The Internet (1990s): When the internet first emerged, few could have predicted the seismic shift it would cause in communication, commerce, and global trade. Early adopters who saw its potential were richly rewarded, while those who doubted its impact were left behind. XRP’s technology could be the financial equivalent of the internet, enabling fast and frictionless payments that could underpin the next generation of global commerce.Gold Standard (19th-20th Century): Much like how the gold standard brought stability and trust to global trade, XRP could provide the liquidity and efficiency needed for modern-day global finance. Gold was trusted because it was scarce and universally accepted. Similarly, XRP’s finite supply and its ability to act as a bridge currency position it as a global asset in the emerging digital economy.
The Bullish Case for XRP's Future
With history as a guide and the potential alignment with the 1988 prediction, here are several reasons to be bullish on XRP:
Institutional Momentum: XRP’s institutional backing is growing rapidly. As more banks and payment providers adopt Ripple’s technology, the demand for XRP as a liquidity solution will increase. Unlike many cryptocurrencies that rely solely on retail speculation, XRP has a real use case with institutional partners.Regulatory Clarity: As governments around the world work to create regulatory frameworks for cryptocurrencies, XRP is well-positioned to thrive. Ripple has been working closely with regulators to ensure that XRP can operate within compliant financial systems, giving it an edge over more decentralized projects that might face legal challenges.Global Payment Infrastructure: The current global payment infrastructure is outdated, slow, and expensive. With Ripple and XRP offering a superior alternative, the potential for widespread adoption is significant. If XRP can capture even a small percentage of the $130 trillion global payments market, its value could skyrocket.Speculative Interest: As the narrative around XRP’s connection to the 1988 Economist prophecy gains traction, speculative interest is likely to increase. Whether or not the prophecy was truly about XRP, the fact remains that XRP fits the description of a world currency better than any other asset in the cryptocurrency space.
Conclusion: The #Phoenix is Rising
As we look to the future, XRP’s potential to become a key player in the global financial system is undeniable. The eerie connection to The Economist’s 1988 prediction only adds to the intrigue and speculation around its future. With a robust use case, growing institutional adoption, and a clear vision for transforming global payments, XRP is well-positioned to become a cornerstone of the next-generation financial ecosystem.
The phoenix from 1988 may well have been a symbol of XRP’s rise — from the ashes of an outdated financial system to a new world currency that transcends borders, eliminates inefficiencies, and ushers in a new era of global commerce.
For those paying attention, the signs are clear: the future of finance could be built on the back of XRP, and the time to be bullish is now.
#Tether , the world's largest #stablecoin platform, in collaboration with #Phoenix Group, a specialist in cryptocurrency mining and blockchain technology, is set to launch a new stablecoin pegged to the UAE dirham. This move aims to capitalize the growing demand for the UAE dirham and offer alternatives to the US dollar.
The launch date has not been determined yet, but Paolo Ardoino, Tether's CEO, indicated that obtaining a license from the UAE Central Bank is the "next step," which will take few months.
#Crypto #UAEDirham
The launch date has not been determined yet, but Paolo Ardoino, Tether's CEO, indicated that obtaining a license from the UAE Central Bank is the "next step," which will take few months.
#Crypto #UAEDirham
$PHB #PHB did 146% Profit from our Entry.
Current Price: $1.10
Went upto: $1.796
Hope you Booked Profits and Enjoyed trade with CryptoPatel✌️
#Phoenix #Altcoins #binance #CryptoPatel
$BTC $ETH
Current Price: $1.10
Went upto: $1.796
Hope you Booked Profits and Enjoyed trade with CryptoPatel✌️
#Phoenix #Altcoins #binance #CryptoPatel
$BTC $ETH
LIVE
CryptoPatel
--
Bullish
PHB/USDT Trading Setup:- $PHB
#Phoenix is soaring at $0.736, riding a robust bullish wave in a well-defined channel.
Respecting the 200 EMA in a strong uptrend, a potential breakout signals a bullish opportunity.
🔶 Entry: $0.7400
🚀 Target: $0.846
🚫 Stop Loss: $0.6765
Anticipate a thrilling +15% return.
Follow me for more Quality chart analysis.
Thank you.
#Trading #altcoins #phb #layer1
$BNB $BTC
#Phoenix is soaring at $0.736, riding a robust bullish wave in a well-defined channel.
Respecting the 200 EMA in a strong uptrend, a potential breakout signals a bullish opportunity.
🔶 Entry: $0.7400
🚀 Target: $0.846
🚫 Stop Loss: $0.6765
Anticipate a thrilling +15% return.
Follow me for more Quality chart analysis.
Thank you.
#Trading #altcoins #phb #layer1
$BNB $BTC
Phoenix Labs proposed increasing the capacity of weETH (wrapped ETH) on MakerDAO to meet its growing demand.
This includes raising the supply limit from 50,000 to 200,000 weETH and the debt ceiling from 50 million to 200 million DAI. The proposal is currently under community voting on MakerDAO's forum.
$ETH #makerdao #maker #MakerDAODynamics #Phoenix #Megadrop
This includes raising the supply limit from 50,000 to 200,000 weETH and the debt ceiling from 50 million to 200 million DAI. The proposal is currently under community voting on MakerDAO's forum.
$ETH #makerdao #maker #MakerDAODynamics #Phoenix #Megadrop
What is Phoenix Global (PHB)?
🌐 What is Phoenix Global (PHB)?
FOLLOW @HOLD-IT
Phoenix Global (PHB) is a prominent Binance Smart Chain (BSC) network that hosts cutting-edge consumer-focused decentralized applications (DApps). This protocol aims to revolutionize businesses by leveraging blockchain technology to develop DApps that enhance customer experiences. Here, we delve into the key features, use cases, and tokenomics of Phoenix Global.
🔑 Key Features of Phoenix Global (PHB)
Decentralized AI Federated Learning: Integrates with mainstream AI frameworks, enabling decentralized AI training.Multi-party Computation: Allows analysis, computation, and sharing of value without compromising data privacy.Smart IoT: Implements decentralized edge-computing mechanisms on IoT and smart devices.On-chain Analytics: Offers blockchain-native Web 3 apps with on-chain data computation and analytics capabilities.Phoenix Layer 2: Designed to bring intelligent, data-driven, and AI-enabled applications to the blockchain. Acts as a computation layer for privacy-preserving data processing and bridges on-chain protocols with off-chain data and AI models.
🚀 Use Cases of Phoenix Global (PHB)
Retail: Develops new Web-3 based customer engagement and CRM models.Financial Services: Strengthens customer AI-scoring models while ensuring data privacy.Consumer IoT: Enhances decentralization and interactivity of existing consumer IoT apps.Supply Chain: Increases on-chain computational and analytics resources for existing blockchain apps.Healthtech: Employs smart personal health apps with data-driven personalization and analytics features.Web3 Gaming: Enables AI capabilities, including fast-reacting reinforcement learning models.
💰 Tokenomics and Recent Price Performance of Phoenix Global Token (PHB)
Circulating Supply: 37,136,774 tokensATH Price: $2.38 USDT (September 13, 2022)Lowest Price Since ATH: $0.63 USDT (September 26, 2022)Current Performance: $0.719 USDTMarket Cap: $26,641,354Fully Diluted Market Cap: $26,641,354
Phoenix Global Token (PHB) has showcased significant price
movements, reflecting its dynamic performance within the cryptocurrency market.
Stay tuned for further developments and insights into Phoenix Global's innovative ecosystem! 🚀🔍
#Phoenix
#PhoenixPHB
#PHB
#PHB/USDT
FOLLOW @HOLD-IT
Phoenix Global (PHB) is a prominent Binance Smart Chain (BSC) network that hosts cutting-edge consumer-focused decentralized applications (DApps). This protocol aims to revolutionize businesses by leveraging blockchain technology to develop DApps that enhance customer experiences. Here, we delve into the key features, use cases, and tokenomics of Phoenix Global.
🔑 Key Features of Phoenix Global (PHB)
Decentralized AI Federated Learning: Integrates with mainstream AI frameworks, enabling decentralized AI training.Multi-party Computation: Allows analysis, computation, and sharing of value without compromising data privacy.Smart IoT: Implements decentralized edge-computing mechanisms on IoT and smart devices.On-chain Analytics: Offers blockchain-native Web 3 apps with on-chain data computation and analytics capabilities.Phoenix Layer 2: Designed to bring intelligent, data-driven, and AI-enabled applications to the blockchain. Acts as a computation layer for privacy-preserving data processing and bridges on-chain protocols with off-chain data and AI models.
🚀 Use Cases of Phoenix Global (PHB)
Retail: Develops new Web-3 based customer engagement and CRM models.Financial Services: Strengthens customer AI-scoring models while ensuring data privacy.Consumer IoT: Enhances decentralization and interactivity of existing consumer IoT apps.Supply Chain: Increases on-chain computational and analytics resources for existing blockchain apps.Healthtech: Employs smart personal health apps with data-driven personalization and analytics features.Web3 Gaming: Enables AI capabilities, including fast-reacting reinforcement learning models.
💰 Tokenomics and Recent Price Performance of Phoenix Global Token (PHB)
Circulating Supply: 37,136,774 tokensATH Price: $2.38 USDT (September 13, 2022)Lowest Price Since ATH: $0.63 USDT (September 26, 2022)Current Performance: $0.719 USDTMarket Cap: $26,641,354Fully Diluted Market Cap: $26,641,354
Phoenix Global Token (PHB) has showcased significant price
movements, reflecting its dynamic performance within the cryptocurrency market.
Stay tuned for further developments and insights into Phoenix Global's innovative ecosystem! 🚀🔍
#Phoenix
#PhoenixPHB
#PHB
#PHB/USDT
💥💥💥 $NEO partners with #Phoenix to explore AI and blockchain synergies
Neo's Partnership with Phoenix: A Snapshot
Partnership Overview
Neo has partnered with Phoenix, a decentralized AI infrastructure provider, to accelerate blockchain technology and drive mass adoption on Neo X through AI integration.
Phoenix Ecosystem
- #Skynet : An elastic computing layer offering scalable workflow tools, quick deployment features, and AI compute capabilities.
- Phoenix LLM: A customizable large language model platform for generating and processing human-like text.
Target Verticals
Phoenix targets markets and trading, research, gaming, financial services, IoT and edge computing, and cloud computing. It partners with binance, Tencent Cloud, Alibaba Cloud, and Alchemy Pay.
Collaboration Use Cases
- AI Computing Services: SkyNet will provide AI computing services to the Neo ecosystem.
- AI Content Generation: Phoenix will create content for NFTs, GameFi, and metaverse applications.
- AI Trading Signals: Phoenix’s AlphaNet will deliver AI trading signals for decentralized exchanges on Neo, with Flamingo Finance exploring AI enhancements.
Phoenix's History with Neo
- 2017: Originated as Red Pulse, the first public token sale on Neo, focusing on China’s capital markets.
- 2019: Evolved into Phoenix, integrating machine learning and NLP to connect investors with market insights, supporting both Neo and Binance Smart Chain.
- 2021: Decommissioned Neo Legacy support ahead of Neo N3 launch, migrating users to #BinanceSmartChain .
Future Prospects
The Neo-Phoenix partnership aims to integrate AI with blockchain, fostering innovation and broader adoption within the Neo ecosystem.
Source - neonewstoday.com
#BinanceSquareTalks
Neo's Partnership with Phoenix: A Snapshot
Partnership Overview
Neo has partnered with Phoenix, a decentralized AI infrastructure provider, to accelerate blockchain technology and drive mass adoption on Neo X through AI integration.
Phoenix Ecosystem
- #Skynet : An elastic computing layer offering scalable workflow tools, quick deployment features, and AI compute capabilities.
- Phoenix LLM: A customizable large language model platform for generating and processing human-like text.
Target Verticals
Phoenix targets markets and trading, research, gaming, financial services, IoT and edge computing, and cloud computing. It partners with binance, Tencent Cloud, Alibaba Cloud, and Alchemy Pay.
Collaboration Use Cases
- AI Computing Services: SkyNet will provide AI computing services to the Neo ecosystem.
- AI Content Generation: Phoenix will create content for NFTs, GameFi, and metaverse applications.
- AI Trading Signals: Phoenix’s AlphaNet will deliver AI trading signals for decentralized exchanges on Neo, with Flamingo Finance exploring AI enhancements.
Phoenix's History with Neo
- 2017: Originated as Red Pulse, the first public token sale on Neo, focusing on China’s capital markets.
- 2019: Evolved into Phoenix, integrating machine learning and NLP to connect investors with market insights, supporting both Neo and Binance Smart Chain.
- 2021: Decommissioned Neo Legacy support ahead of Neo N3 launch, migrating users to #BinanceSmartChain .
Future Prospects
The Neo-Phoenix partnership aims to integrate AI with blockchain, fostering innovation and broader adoption within the Neo ecosystem.
Source - neonewstoday.com
#BinanceSquareTalks
Terra Classic Users: Mark This Date In Your Calendars
On, August 28, #TerraformLabs announced the reopening of the Shuttle Bridge interface. This platform is crucial for users who hold wrapped versions of $LUNC
(Luna Classic) and $USTC
TerraUSD Classic), facilitating their transfer between the blockchain and other prominent blockchains such as Ethereum, $BNB
Chain (BSC), and Harmony.
The #announcement detailed the operational window for this service, stating: “The new Shuttle Bridge interface to redeem wrapped assets is now open. […] The bridge will remain open from now until 30 days after the effective date of the chapter 11 plan, which is estimated to be on or around 30 October 2024. Opening the bridge gives you the opportunity to redeem your assets and use them as you wish. Please ensure you redeem your assets as soon as possible to avoid any issues.”
This interface not only enables the retrieval of assets from these blockchains to Terra Classic but also marks a limited-time opportunity for users to redeem their wrapped assets before the company progresses further in its bankruptcy resolution. After the bridge closes, all crypto assets still in the contracts will be burned. Thus, this the last opportunity for users before the bridge will be permanently shut down. “Users of the Terra Shuttle bridge on #TerraClassic are recommended to use this opportunity to redeem their Terra Classic assets,” the announced.
Just yesterday, the company made another crucial announcement via X. The company unveiled what it intends to be the final upgrade to the blockchain, known as Proposal 4818. This comes as part of the company’s broader strategy to conclude its direct involvement in active development within the ecosystem due to its ongoing legal and financial restructuring.
The statement elaborated: “As TFL begins winding down its operations, Proposal 4818 will be the final chain upgrade that we implement. Pursuant to TFL’s settlement with the SEC and implementation of its proposed chapter 11 plan, TFL will no longer have the ability to support future chain upgrades.”
The announcement marks a pivotal transition from Terraform Labs-led development to community-driven efforts to sustain and possibly evolve the blockchain infrastructure. “Going forward, we look to community-driven initiatives such as the #Phoenix Directive (@phoenix_dir) to take over maintenance and operational responsibilities for the blockchain,” TFL wrote via X.
#DOGSONBINANCE
(Luna Classic) and $USTC
TerraUSD Classic), facilitating their transfer between the blockchain and other prominent blockchains such as Ethereum, $BNB
Chain (BSC), and Harmony.
The #announcement detailed the operational window for this service, stating: “The new Shuttle Bridge interface to redeem wrapped assets is now open. […] The bridge will remain open from now until 30 days after the effective date of the chapter 11 plan, which is estimated to be on or around 30 October 2024. Opening the bridge gives you the opportunity to redeem your assets and use them as you wish. Please ensure you redeem your assets as soon as possible to avoid any issues.”
This interface not only enables the retrieval of assets from these blockchains to Terra Classic but also marks a limited-time opportunity for users to redeem their wrapped assets before the company progresses further in its bankruptcy resolution. After the bridge closes, all crypto assets still in the contracts will be burned. Thus, this the last opportunity for users before the bridge will be permanently shut down. “Users of the Terra Shuttle bridge on #TerraClassic are recommended to use this opportunity to redeem their Terra Classic assets,” the announced.
Just yesterday, the company made another crucial announcement via X. The company unveiled what it intends to be the final upgrade to the blockchain, known as Proposal 4818. This comes as part of the company’s broader strategy to conclude its direct involvement in active development within the ecosystem due to its ongoing legal and financial restructuring.
The statement elaborated: “As TFL begins winding down its operations, Proposal 4818 will be the final chain upgrade that we implement. Pursuant to TFL’s settlement with the SEC and implementation of its proposed chapter 11 plan, TFL will no longer have the ability to support future chain upgrades.”
The announcement marks a pivotal transition from Terraform Labs-led development to community-driven efforts to sustain and possibly evolve the blockchain infrastructure. “Going forward, we look to community-driven initiatives such as the #Phoenix Directive (@phoenix_dir) to take over maintenance and operational responsibilities for the blockchain,” TFL wrote via X.
#DOGSONBINANCE
PHB/USDT Trading Setup:- $PHB
#Phoenix is soaring at $0.736, riding a robust bullish wave in a well-defined channel.
Respecting the 200 EMA in a strong uptrend, a potential breakout signals a bullish opportunity.
🔶 Entry: $0.7400
🚀 Target: $0.846
🚫 Stop Loss: $0.6765
Anticipate a thrilling +15% return.
Follow me for more Quality chart analysis.
Thank you.
#Trading #altcoins #phb #layer1
$BNB $BTC
#Phoenix is soaring at $0.736, riding a robust bullish wave in a well-defined channel.
Respecting the 200 EMA in a strong uptrend, a potential breakout signals a bullish opportunity.
🔶 Entry: $0.7400
🚀 Target: $0.846
🚫 Stop Loss: $0.6765
Anticipate a thrilling +15% return.
Follow me for more Quality chart analysis.
Thank you.
#Trading #altcoins #phb #layer1
$BNB $BTC
PHB offers staking, yield farming, and even a unique AI feature on the Binance Smart Chain (BSC).
Could it be ready for a comeback? Check out the full article to find out ➡️ $PHB #PhoenixGlobal #Phoenix #Write2Earn
Could it be ready for a comeback? Check out the full article to find out ➡️ $PHB #PhoenixGlobal #Phoenix #Write2Earn
Phoenix (PHB) Secures its Place in the AI Narrative's Rise
Phoenix (PHB) is a project that is built on the Binance Smart Chain (BSC), Phoenix offers a suite of services designed to meet the growing demands of the decentralized finance (DeFi) space.
What is Phoenix (PHB)?
Phoenix is a full blockchain infrastructure platform for intelligent Web3 applications. It provides a robust enterprise-grade EVM compatible blockchain as its Layer 1, and a computational layer for scaling data, privacy, and AI applications as its Layer 2. This unique combination enables Phoenix to support a wide range of applications, from traditional financial services to cutting-edge AI and machine learning solutions.
The Phoenix Oracle serves as middleware for connecting real-world data, and the project's native token, PHB, plays a crucial role in the ecosystem. It serves as the unit of value for all Mainnet transactions and can be converted into Layer 2 Data Credits for use on the computational layer.
Phoenix (PHB) Price Analysis
As of May 29, 2024, the price of Phoenix (PHB) is $2.84. The token has seen a 10.2% increase in the last 24 hours, indicating strong investor interest. Over the past 30 days, the value of Phoenix (PHB) has increased by 74.44% against the United States Dollar (USD), suggesting a bullish trend.
Phoenix's Potential
Phoenix's focus on AI and privacy-enabled Web3 applications positions it to capitalize on two of the most promising sectors in the blockchain industry. The project's integration with mainstream deep learning AI frameworks such as TensorFlow further enhances its appeal to developers and users seeking innovative solutions.
Phoenix's recent price performance and the project's unique offerings suggest that it could be a promising investment.
Phoenix (PHB) is a project that combines the best of blockchain technology with the power of AI and privacy solutions. Its recent price performance and the project's focus on the next generation of AI & Privacy-Enabled Web3 Apps make it a project to watch in the coming months. #Write2Earn $PHB #AiNarratives #PhoenixGlobal
What is Phoenix (PHB)?
Phoenix is a full blockchain infrastructure platform for intelligent Web3 applications. It provides a robust enterprise-grade EVM compatible blockchain as its Layer 1, and a computational layer for scaling data, privacy, and AI applications as its Layer 2. This unique combination enables Phoenix to support a wide range of applications, from traditional financial services to cutting-edge AI and machine learning solutions.
The Phoenix Oracle serves as middleware for connecting real-world data, and the project's native token, PHB, plays a crucial role in the ecosystem. It serves as the unit of value for all Mainnet transactions and can be converted into Layer 2 Data Credits for use on the computational layer.
Phoenix (PHB) Price Analysis
As of May 29, 2024, the price of Phoenix (PHB) is $2.84. The token has seen a 10.2% increase in the last 24 hours, indicating strong investor interest. Over the past 30 days, the value of Phoenix (PHB) has increased by 74.44% against the United States Dollar (USD), suggesting a bullish trend.
Phoenix's Potential
Phoenix's focus on AI and privacy-enabled Web3 applications positions it to capitalize on two of the most promising sectors in the blockchain industry. The project's integration with mainstream deep learning AI frameworks such as TensorFlow further enhances its appeal to developers and users seeking innovative solutions.
Phoenix's recent price performance and the project's unique offerings suggest that it could be a promising investment.
Phoenix (PHB) is a project that combines the best of blockchain technology with the power of AI and privacy solutions. Its recent price performance and the project's focus on the next generation of AI & Privacy-Enabled Web3 Apps make it a project to watch in the coming months. #Write2Earn $PHB #AiNarratives #PhoenixGlobal
🔥What is Phoenix Global (PHB) Coin?
Phoenix Global is a blockchain network designed for the development and support of decentralized applications (dApps). #phb is a Neo network-based cryptocurrency. Phoenix Global, which describes itself as the blockchain that powers the next generation of consumer applications, is being portrayed as more private, interactive and more connected. #Phoenix Global is also designed for business with the consumer in mind. It is the next generation enterprise blockchain that provides agile and scalable consumer applications.
It can also be described as a cryptocurrency launched on NEO's blockchain network, known as China's Ethereum. In the general framework, when we look at the solutions offered by Phoenix Global, many elements are seen. Marketing, CRM, consumer data, customer experience and artificial intelligence are the elements in which solution proposals are developed in this field. With the development of blockchain and decentralized technologies, it is in an important position to produce solutions for many different industries in the future. It aims to provide serious solutions for sectors such as retail, financial services, automotive, travel, consumer Internet.
Who Are the Founders of Phoenix Global (PHB) Coin, Which Country Does It Belong to?
it was established in 2020 with the partnership of Phoenix Global, APEX Network and Red Pulse. Red Pulse, which initially used the PHX token and later converted it to PHB Coin, was founded in 2015. The CEO of the company in question is Jonathan Ha. One of the founders, Red Pulse, China was founded based in Hong Kong and has been continuing its activities for a long time. The main purpose of the Phoenix Global platform is to create an ecosystem where the markets will access the right information. With its general outlines, it is a platform token focused on the Chinese markets.
#Write2Earn #TrendingTopic #binance
Phoenix Global is a blockchain network designed for the development and support of decentralized applications (dApps). #phb is a Neo network-based cryptocurrency. Phoenix Global, which describes itself as the blockchain that powers the next generation of consumer applications, is being portrayed as more private, interactive and more connected. #Phoenix Global is also designed for business with the consumer in mind. It is the next generation enterprise blockchain that provides agile and scalable consumer applications.
It can also be described as a cryptocurrency launched on NEO's blockchain network, known as China's Ethereum. In the general framework, when we look at the solutions offered by Phoenix Global, many elements are seen. Marketing, CRM, consumer data, customer experience and artificial intelligence are the elements in which solution proposals are developed in this field. With the development of blockchain and decentralized technologies, it is in an important position to produce solutions for many different industries in the future. It aims to provide serious solutions for sectors such as retail, financial services, automotive, travel, consumer Internet.
Who Are the Founders of Phoenix Global (PHB) Coin, Which Country Does It Belong to?
it was established in 2020 with the partnership of Phoenix Global, APEX Network and Red Pulse. Red Pulse, which initially used the PHX token and later converted it to PHB Coin, was founded in 2015. The CEO of the company in question is Jonathan Ha. One of the founders, Red Pulse, China was founded based in Hong Kong and has been continuing its activities for a long time. The main purpose of the Phoenix Global platform is to create an ecosystem where the markets will access the right information. With its general outlines, it is a platform token focused on the Chinese markets.
#Write2Earn #TrendingTopic #binance
🔥 Shiba Inu ($SHIB ) Takes Burn to a New Level!
Imagine if your snack started eating itself to lose weight—welcome to #ShibaInu: ’s wild week! 🐶🔥
SHIB’s burn rate just #skyrocketed by 340%, torching over 11 million tokens in one go. Thanks to #Shibarium 's new burn mechanism, which turns transaction fees into ashes, this puppy’s shedding more weight than ever. 🏋️♂️💨
With ShibTorch on fire, SHIB's price rebounded, proving that sometimes, when you destroy things, they come back stronger—like a #Phoenix ... or maybe just a very ambitious dog. 🐕🚀
#BinanceLaunchpoolHMSTR
Imagine if your snack started eating itself to lose weight—welcome to #ShibaInu: ’s wild week! 🐶🔥
SHIB’s burn rate just #skyrocketed by 340%, torching over 11 million tokens in one go. Thanks to #Shibarium 's new burn mechanism, which turns transaction fees into ashes, this puppy’s shedding more weight than ever. 🏋️♂️💨
With ShibTorch on fire, SHIB's price rebounded, proving that sometimes, when you destroy things, they come back stronger—like a #Phoenix ... or maybe just a very ambitious dog. 🐕🚀
#BinanceLaunchpoolHMSTR
Ellipsis Labs secures $20M in Series A funding round.
#EllipsisLabs, the developer of the DeFi protocol #Phoenix on #Solana , secures $20M in a Series A funding round led by #Paradigm, with participation from #ElectricCapital. Raised funds will be allocated towards advancing the development and broadening the reach of the Phoenix protocol within the Solana ecosystem.
Ellipsis Labs is a venture-backed New York based startup building differentiated products in decentralized finance.
👉 fortune.com/crypto/2024/04/04/defi-developers-crypto-exchange-phoenix-series-a-round/
#EllipsisLabs, the developer of the DeFi protocol #Phoenix on #Solana , secures $20M in a Series A funding round led by #Paradigm, with participation from #ElectricCapital. Raised funds will be allocated towards advancing the development and broadening the reach of the Phoenix protocol within the Solana ecosystem.
Ellipsis Labs is a venture-backed New York based startup building differentiated products in decentralized finance.
👉 fortune.com/crypto/2024/04/04/defi-developers-crypto-exchange-phoenix-series-a-round/
"Like a phoenix, she arose from the flames of despair and soared, renewed, transformed, and forever resilient."
#Phoenix #artfortheday #SupportNeeded
#Phoenix #artfortheday #SupportNeeded
🌖 LUNA And LUNC Prices To Rally?
The decision to burn a substantial amount of LUNA has fueled optimism among investors and the Terra community. Token burns typically reduce the circulating supply, which can create upward pressure on prices if demand remains constant or increases.
Having said that, many are speculating that #LUNA✅ and #LUNC✅ could experience a significant price rally following TFL’s latest announcement. Notably, 98.55% of the total votes were cast in favor of the proposal, with only 1.45% vote for Abstain.
Meanwhile, as TFL steps back, the Terra blockchain’s future will increasingly rely on community-led initiatives. The #Phoenix Directive, set to take over operational responsibilities, will play a crucial role in guiding the network’s evolution.
However, as of writing, $LUNC price was down nearly 5% to $0.00008412, with its trading volume declining 52.56% to $17.81 million over the last 24 hours. On the other hand, the $LUNA price was down 3.83% to $0.3707, after touching a high of $0.3889 in the last 24 hours.
Simultaneously, the LUNA Open Interest (OI) dropped over 7% to $4.96 million, while the LUNC OI plunged 11% to $7.57 million, #Coinglass data showed. Despite the recent downturn momentum, the community anticipates a rebound in the prices, given the optimism over the major token burn ahead.
#DOGSONBINANCE
The decision to burn a substantial amount of LUNA has fueled optimism among investors and the Terra community. Token burns typically reduce the circulating supply, which can create upward pressure on prices if demand remains constant or increases.
Having said that, many are speculating that #LUNA✅ and #LUNC✅ could experience a significant price rally following TFL’s latest announcement. Notably, 98.55% of the total votes were cast in favor of the proposal, with only 1.45% vote for Abstain.
Meanwhile, as TFL steps back, the Terra blockchain’s future will increasingly rely on community-led initiatives. The #Phoenix Directive, set to take over operational responsibilities, will play a crucial role in guiding the network’s evolution.
However, as of writing, $LUNC price was down nearly 5% to $0.00008412, with its trading volume declining 52.56% to $17.81 million over the last 24 hours. On the other hand, the $LUNA price was down 3.83% to $0.3707, after touching a high of $0.3889 in the last 24 hours.
Simultaneously, the LUNA Open Interest (OI) dropped over 7% to $4.96 million, while the LUNC OI plunged 11% to $7.57 million, #Coinglass data showed. Despite the recent downturn momentum, the community anticipates a rebound in the prices, given the optimism over the major token burn ahead.
#DOGSONBINANCE
Phoenix up to 12.69 % in one day!!! 💥
👇👇👇
$PHB
#Phoenix #USElections2024Countdown #NovemberMarketAnalysis #SuperMacho
👇👇👇
$PHB
#Phoenix #USElections2024Countdown #NovemberMarketAnalysis #SuperMacho
Why is Phoenix (PHB) Price Up Today? Analyst Says There is Room For Another Surge
Over the past day, Phoenix (PHB) has seen its token price spike over 27% to reach $1.74. The Layer 1/Layer 2 blockchain project focuses on artificial intelligence (AI) and privacy-enabled Web3 applications.
Fundamental growth in adoption of Phoenix’s AI offerings coinciding with a technical breakout helps explain its latest upside momentum.
The token went from a 24 hour low of $1.36 to a high of $1.93 before falling to its current price. The token is also one of the top gainers on Binance. The current market cap of the token stands at $82 million.
SkyNet AI Usage Expanding Steadily
According to a recent tweet from the Phoenix team, total usage of its SkyNet AI ecosystem continues to rise day-over-day. The GenAI image and text processing models facilitated over 700 prediction requests on February 17th alone.
Cumulatively, the variety of AI models offered has amassed over 10,000 calls from users. This gradual traction showcases real-world utility derived from Phoenix’s machine learning capabilities.
The timing aligns with surging interest in AI applications in the crypto space more broadly. As one of the only specialized blockchains centered on privacy-preserving AI, Phoenix is uniquely positioned to capitalize on this trend.
Technical Analysis Highlights Upside Breakout Underway
On the coin’s technical price charts, crypto analyst Team Lambo identifies a definitive breakout above key long-term resistance levels. With PHB clearing this overhead zone, they eye further upside targets at $3 and $4.
Veteran trader Javon Marks echoes a similarly bullish perspective. Noting PHB approaching its initial $2.39 breakout target, he expects another +30% rally toward this mark. And upon decisively breaching the $2.39 hurdle, Marks’ analysis suggests another +80% move to $4.40 comes into play.
In addition, analyst Fren0x highlights a bullish “cup and handle” pattern that appears primed to trigger a major upside extension. Compared to other AI-focused tokens that already saw parabolic uptrends, Phoenix has tangible room to play catchup in his eyes.
With both strong on-chain usage data and bullish technical analysis aligning for Phoenix, traders have justification to stay constructive on further PHB upside. Still, sustaining developer activity and real-world adoption remain imperative for Phoenix to carve out a long-term niche in AI-driven Web3 infrastructure.
The coming days may determine whether the current breakout has true legs. In particular, PHB maintaining above the oft-cited resistance turn support at $1.80 would signify durability. But if prices fizzle out quickly, questions around broader crypto market direction may override Phoenix’s recent positives for the time being.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Phoenix #phb
Fundamental growth in adoption of Phoenix’s AI offerings coinciding with a technical breakout helps explain its latest upside momentum.
The token went from a 24 hour low of $1.36 to a high of $1.93 before falling to its current price. The token is also one of the top gainers on Binance. The current market cap of the token stands at $82 million.
SkyNet AI Usage Expanding Steadily
According to a recent tweet from the Phoenix team, total usage of its SkyNet AI ecosystem continues to rise day-over-day. The GenAI image and text processing models facilitated over 700 prediction requests on February 17th alone.
Cumulatively, the variety of AI models offered has amassed over 10,000 calls from users. This gradual traction showcases real-world utility derived from Phoenix’s machine learning capabilities.
The timing aligns with surging interest in AI applications in the crypto space more broadly. As one of the only specialized blockchains centered on privacy-preserving AI, Phoenix is uniquely positioned to capitalize on this trend.
Technical Analysis Highlights Upside Breakout Underway
On the coin’s technical price charts, crypto analyst Team Lambo identifies a definitive breakout above key long-term resistance levels. With PHB clearing this overhead zone, they eye further upside targets at $3 and $4.
Veteran trader Javon Marks echoes a similarly bullish perspective. Noting PHB approaching its initial $2.39 breakout target, he expects another +30% rally toward this mark. And upon decisively breaching the $2.39 hurdle, Marks’ analysis suggests another +80% move to $4.40 comes into play.
In addition, analyst Fren0x highlights a bullish “cup and handle” pattern that appears primed to trigger a major upside extension. Compared to other AI-focused tokens that already saw parabolic uptrends, Phoenix has tangible room to play catchup in his eyes.
With both strong on-chain usage data and bullish technical analysis aligning for Phoenix, traders have justification to stay constructive on further PHB upside. Still, sustaining developer activity and real-world adoption remain imperative for Phoenix to carve out a long-term niche in AI-driven Web3 infrastructure.
The coming days may determine whether the current breakout has true legs. In particular, PHB maintaining above the oft-cited resistance turn support at $1.80 would signify durability. But if prices fizzle out quickly, questions around broader crypto market direction may override Phoenix’s recent positives for the time being.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Phoenix #phb