- #2843
Phoenixcoin PXC
PXC Price
Market Cap
$801,756.63Rank #2843FDV
$801,756.63Rank #5915Investors
Twitter Followers
Twitter Performance
168WeakRank by Twitter #9216- 0
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Detailed Performance
PXC shows Neutral behaviour against top cryptocurrencies, leading categories and blockchains over various time periods
PXC to USD Converter
Price History
- All-Time High
- $0.102711.74x to ATH
- All-Time Low
- $0.00004904178.34x to ATL
- Trade Launch Date
- 4 Jul, 2013
4128 days ago
About PXC
Phoenixcoin is a decentralized open-source digital currency that was released in May of 2013. It is designed to be accessible to everyone and can be mined using popular computer video cards or processors, without the need for expensive hardware. Phoenixcoin allows for fast and reliable worldwide money transfers. It operates on a peer-to-peer network, where each peer has control over the currency through global consensus. Phoenixcoin is developed with a high level of transparency and community involvement. The latest version of Phoenixcoin is 0.6.6.2, released on February 13, 2019. It uses the NeoScrypt algorithm, has a total coin supply of approximately 98 million coins, and has a block target of 1.5 minutes with a block reward of 6.25 coins. Phoenixcoin can be mined and traded on various websites and exchanges.
What makes Phoenixcoin unique?
Phoenixcoin is unique compared to other cryptocurrencies in several ways:
1. NeoScrypt Algorithm: Phoenixcoin uses the NeoScrypt algorithm, which is a memory-hard proof-of-work algorithm. This algorithm makes it more resistant to ASIC mining, allowing for more decentralized mining using regular computer hardware.
2. Low Hardware Requirements: Unlike some other cryptocurrencies that require expensive hardware for mining, Phoenixcoin can be successfully mined using popular computer video cards or processors. This makes it more accessible to a wider range of users.
3. Fast Block Target: Phoenixcoin has a block target of 1.5 minutes, which means that transactions are confirmed and added to the blockchain more quickly compared to cryptocurrencies with longer block times. This contributes to faster transaction speeds and a more efficient network.
4. Community Involvement: Phoenixcoin is developed with a high level of transparency and community involvement. The project embraces the most advanced technology and encourages input and contributions from its users. This community-driven approach helps to foster innovation and improvement within the Phoenixcoin ecosystem.
5. Advanced Averaging and Checkpointing: Phoenixcoin implements advanced averaging and checkpointing mechanisms to enhance security and protect against 51% attacks. These measures help to maintain the integrity of the network and ensure the reliability of transactions.
Overall, Phoenixcoin combines accessibility, speed, security, and community participation to offer a unique and user-friendly digital currency experience.
Live Phoenixcoin Price Data
The current price of Phoenixcoin (PXC) is approximately $0.008746, reflecting a decrease of -0.10% in the last 24 hours. The PXC trading volume in the last 24 hours stands at $15.76. Phoenixcoin's market cap is currently $801,756.63, accounting for about < 0.01% of the total crypto market cap. The circulating supply of PXC is 91.67 million.
For a comprehensive list of exchanges, visit our crypto exchanges page. To understand Phoenixcoin's performance over time, consider exploring its price history and ROI. For in-depth analysis and insights on PXC, check out our crypto insights page.
Official Links
PXC to USD Converter
Price History
- All-Time High
- $0.102711.74x to ATH
- All-Time Low
- $0.00004904178.34x to ATL
- Trade Launch Date
- 4 Jul, 2013
4128 days ago