Phoenix Finance PricePHX

There are two schools of thought when it comes to determining the price of a cryptocurrency like Phoenix Finance.
By way of intrinsic value: Intrinsic value is typically assessed through on-chain metrics, project metrics, and financial metrics of Phoenix Finance, collectively known as fundamental analysis. Factors such as the law of supply and demand, tokenomics, use case, project roadmap, and the regulatory and governance environment will influence the long-term value of Phoenix Finance.
By way of price action: technical analysis , using candlestick chart patterns and indicators like MACD, RSI, and Bollinger Bands, forecasts the price of Phoenix Finance on the basis that history tends to repeat itself.
Since candlestick charts reflect market sentiment, news announcements and community sentiment can also significantly influence the price action of Phoenix Finance.
Long-term investors usually favor fundamental analysis, while short-term traders often depend on technical analysis. In practice, combining both approaches can yield intriguing scenarios for Phoenix Finance and the broader cryptocurrency market.

Phoenix Finance achieved the all-time high of $0.1567 in 2021-08-13, and is currently trading at $0.001129.

PHX reached its all-time low of $0.0001398 on 2025-02-01.

The current market cap of Phoenix Finance is $73.06K, as 64.67M PHX is trading at the price of $0.001129.

There are currently 64.67M PHX circulating in the market. These Phoenix Finance can be actively traded or used in the open market.

The maximum supply of PHX is 176.40M , which includes its circulating supply, locked or staked supply, and the supply that has yet to be mined, minted, or created.

At the moment, the fully diluted market cap, also called the fully diluted value (FDV) of Phoenix Finance is $199.31K. The FDV is calculated taking the assumption that all supply of Phoenix Finance is circulation, multiplied by its current price of $0.001129.

Using an algorithm to automatically identify historical data trends, this Phoenix Finance price prediction adjusts its forecast from time to time based on current market conditions. With advanced machine learning, this prediction tool can help investors gauge market probabilities before making investment decisions.

Phoenix Finance offers a good potential ROI due to its inherent volatility, which presents numerous profit opportunities. However, this volatility is a double-edged sword, making it suitable for investors with high risk tolerance and a strong financial position. It is crucial to remember that Phoenix Finance and the broader crypto market are subject to extreme market conditions, regulatory changes, social media influence, and other unpredictable factors. Therefore, it is advisable to exercise risk management and do your own research (DYOR) before investing in Phoenix Finance.

You can buy Phoenix Finance via Gate.io by following the steps on how to buy PHX once you have funded your account.