Introducing $PHNIX, a Promising Memecoin with Undeniable Potential for Growth | Headlines | News | CoinMarketCap
03/20/2025 03:21
Launched on the XRPL blockchain, $PHNIX is a memecoin project that resonates with the XRP community. The prolonged lawsuit with the SEC, which most …
Launched on the XRPL blockchain, $PHNIX is a memecoin project that resonates with the XRP community. The prolonged lawsuit with the SEC, which most crypto journalists predicted would be its end, led to a stagnation in the price of this coin. Amid these obstacles, the XRP community remained steadfast, committed to sharing and discussing the advantages of the Ripple-powered project. Over time, XRP’s resilience became likened to that of the mythological Phoenix that rises from ashes over and over again, making this gracious bird the official community mascot.
With a victory in the four-year-long lawsuit, XRP’s price has surged from $0.45 to $2.24. Donald Trump's pro-crypto administration, Ripple’s American origin, and the upcoming US crypto reserve create a promising environment for …