Launched on December 3 on the XRPL blockchain, $PHNIX is a meme coin on the XRPL blockchain, $PHNIX builds on the symbolism of rise as the phoenix that has been used by the XRP community, serving as a meme coin that embodies the widely recognized mascot of the XRP community.
$PHNIX is available on FirstLedger, a decentralized exchange on the XRP Ledger network, with no transaction taxes, and the liquidity pool is burned for the decentralization and the safety of every $PHNIX investor.
PHNIX Price Analysis
As of January 15 2025 PHNIX has a marketcap of $43M.
This is {{percentagefromath}} from its all time high of $0.00012824.
In terms of its tokenomics, there's a total supply of 589B with 90% currently outstanding.
Keep in mind PHNIX has a fully diluted value of $48M which many investors might interpret as overvalued.
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.
Summarized in part by ChatGPT 4 and Claude