Black Phoenix

BPX

USD

$0.00002778 ≈ $ 0.00002778

+￥5204,24 0.300855% 1D

1D 1M 1Y ALL

Updated: 2023-09-24

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Market Cap (USD)	41.47K
24H Volume	54.1K
Circulating Supply	1.49B BPX
Maximum supply	4B BPX
All Time High	0.00389901
Rank	3246

About

Black Phoenix FAQs

1. What determines the price of Black Phoenix?

There are two schools of thought in determining the price of Black Phoenix.

By way of intrinsic value: This typically involves on-chain metrics, project metrics and financial metrics of Black Phoenix, collectively known as fundamental analysis. The law of supply and demand, tokenomics, use case, project roadmap as well as regulations and governance involved would affect the value of Black Phoenix from a long term perspective.

By way of price action: Primarily analyzed via candlestick chart patterns and technical indicators such as MACD, RSI and the bollinger bands, technical analysis forecasts the price of Black Phoenix on the basis that history tends to repeat itself. As the candlestick charts are a general representation of the emotion of the market, news announcements and community sentiment can be significant price action drivers for Black Phoenix as well.

HODLers tend to prefer the long term nature of fundamental analysis, whereas short term traders tend to rely on technical analysis more. In reality, both analyses may combine and create interesting scenarios for Black Phoenix and the cryptocurrency market as a whole.
2. What is the highest price of Black Phoenix in history?

Black Phoenix achieved the all-time high of $0.0039 in 2021-09-03T14:42:22.722Z, and is currently trading at $0.00003.
3. What is the lowest price of Black Phoenix in history?

In 2022-03-22T04:18:58.031Z, Black Phoenix reached the all-time low of $0.00000.
4. Should I buy Black Phoenix now?

It is important to remember that Black Phoenix, like all other cryptocurrencies, are subject to extreme market conditions, legal policies, project team management and other unpredictable factors. As such, cryptocurrencies fluctuate greatly and it is important to manage your own risk level. Users are advised to do your own research when making investment decisions in the crypto market.