Wallets connected to the Ethereum network's Genesis block appear to have launched memecoin

•Wallets connected to Genesis blocks, on the Ethereum network According to blockchain & Etherscan data.

•The token has surged to a market capitalisation of more than $100 million since launch & is now undergoing a correction.

$ETH

The PHILL token is currently traded on the Uniswap V2 decentralised exchange, changing hands at a price of about $0.08 down from a peak price of $0.10 about an hour after launch.

A wallet registered as the owner of the token, It used to be funded with 2,000 ETH by an entity labelled Genesis, on July 30, 2015 — the day of the launch of Ethereum. Since then, the wallet has moved almost all of its ETH, including 36.6 ETH, to a smaller PHIL and memecoin token liquidity pool.

The maximum total supply is 1,000,000,000 PHILL tokens, and currently, there are only more than 9,000 unique holders. PHIL is currently the most traded asset by volume on Uniswap, according to DEX Screener, after experiencing an 86,000% increase in trading volume since its launch. Its market capitalisation currently stands at more than $68 million and ATH stands at 125 million.

Source: https://txt.dev/haka-x

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