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updated $0Market cap$1.92M
Volume 24h$51.3
Circulating supply93.02M95% of max 98M
All-time high$665.89-100% from peak · 2026-05-12
PhoenixCoin (PXC) is a cryptocurrency combining Proof of Work (PoW) and Proof of Stake (PoS) mechanisms. It is mineable and has a hard cap of 98 million coins, designed to balance security and energy efficiency.
Frequently asked questions
What is PhoenixCoin and how is it different?
PhoenixCoin (PXC) uses both PoW and PoS consensus mechanisms, offering enhanced security and staking rewards. Its capped supply ensures scarcity, distinguishing it from many other cryptocurrencies.
How does PhoenixCoin's technology work?
PhoenixCoin leverages PoW for mining new coins and PoS for validating transactions, ensuring a secure and energy-efficient network. This hybrid approach balances decentralization and scalability.
How is PhoenixCoin's supply managed?
PhoenixCoin has a hard cap of 98 million coins, with new coins minted through mining and staking. This limited supply helps maintain its value over time.
How can I store and use PhoenixCoin?
PhoenixCoin can be stored in compatible wallets supporting PXC. It can be used for transactions, staking, or as a store of value, depending on user preferences.