PXC

Phoenixcoin (PXC) is a decentralized digital currency that was crafted with open-source principles, making it accessible for everyone. Launched in May 2013, it operates on its own blockchain and can be mined with popular computer hardware, such as video cards or processors, without the need for expensive setups. The currency is designed to be a fast and reliable method for global transactions, emphasizing security, anonymity, and environmental sustainability with its Proof of Stake (PoS) mechanism, which consumes less energy compared to traditional Proof of Work (PoW) .

As of the latest data, Phoenixcoin's price is $0.008439, with a market cap of approximately $769,598 and a 24-hour trading volume of around $53. Despite its current bearish sentiment and low liquidity, Phoenixcoin has had a history of significant price movements, reaching an all-time high of $0.121964 in December 2013 and an all-time low of $0.00004842 in February 2016. The circulating supply stands at 90.79 million PXC, with a maximum supply cap of 98 million PXC .

Phoenixcoin's development and community engagement are facilitated through platforms like GitHub, and it continues to be maintained and improved by its open-source community. The project's vision aligns with the broader push for eco-friendly financial solutions and aims to offer a viable alternative to traditional banking systems, particularly in emerging markets where access to banking is limited .

In summary, Phoenixcoin represents a cryptocurrency project with a focus on accessibility, security, and sustainability. Its current market performance indicates a period of consolidation after the highs and lows of the past, and it remains to be seen how it will navigate the evolving landscape of digital finance .