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Phoenix is a hyper deflationary protocol built on top of Inferno and functions as a staking whale in three separate Titanx projects: Blaze, Flux, and Titanx. Rewards received are used to maintain the stakes and fuel the Phoenix buy&burn. This buy&burn will route through Inferno first before buying Phoenix off market. The Phoenix brought off market is split 50/50: half is burnt, and half is sent to an auction balance where 1% of the balance is auctioned off daily for Titanx. Titanx received is recycled back into Phoenix. The Staking Trinity Phoenix will have partial ownership in three staking protocols. The rewards received will be split between maintaining the stakes and fueling the Phoenix buy&burn / buy&bid. Titanx stake- 20% of all Titanx that enters Phoenix through the mint phase will be max staked. Flux stake- 28% of all Titanx that enters Phoenix through the mint phase will first buy Inferno before buying Flux to be max staked. Blaze stake- 9% of all Titanx that e
PHOENIX (PHX) is a cryptocurrency that can be traded on various exchanges. It has a current market capitalization of $15,476, making it one of the notable digital assets in the crypto market.
The current price of PHOENIX (PHX) is $0.00000005. Prices update in real-time based on market activity across major cryptocurrency exchanges.
You can buy PHOENIX (PHX) on major cryptocurrency exchanges such as Binance, Coinbase, and Kraken. Always use a reputable exchange and enable two-factor authentication to secure your account.
Whether PHOENIX is a good investment depends on your financial goals, risk tolerance, and research. Cryptocurrency markets are highly volatile. Always do your own research and consider consulting a financial advisor before investing.
Top cryptocurrencies with market capitalization closest to this coin.