#TradeNTell
The market collapsed last night, and altcoins were bleeding like rivers. However, PHB performed very strongly last night. It once pulled up strongly around 11 o'clock, and the trading volume was concentrated and enlarged, indicating that there were funds trying to support the bottom. However, BTC has been plummeting all the way, and PHB's backing funds have given up holding on. However, once $BTC stabilizes, $PHB will easily rise quickly.
Another important good news is that Phoenix launched an AIGC prize-winning creative competition in the Korean community last night. Users who register to use Phoenix's large model GenAI to draw will have the opportunity to win rewards. This event attracted hundreds of people. Korean fans flocked to the Phoenix Telegram community to upload artworks, many of which were very beautiful pictures.
This event showed the strong enthusiasm of the Korean community and exceeded the expectations of the project team. The Phoenix community will launch more AIGC art creative competitions in the future, allowing crypto users and traditional art lovers to meet in the world of AI and blockchain and experience AI*Crypto of great power.