Blockchain

Phoenix Memecoin ($PHNX) Launches with Innovative Tokenomics and Community Focus

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    Los Angeles, United States, July 9th, 2024, Chainwire

    Phoenix Memecoin ($PHNX) is gaining attention for its unique combination of innovative technology and a strong, community-oriented approach.

    About Phoenix Memecoin ($PHNX)

    Phoenix Memecoin ($PHNX) is a new cryptocurrency designed to symbolize rebirth and innovation within the crypto world. Supported by a dedicated and rapidly growing community, Phoenix Memecoin aims to offer stability and long-term growth through its thoughtful tokenomics and strategic planning.

    Key Features of Phoenix Memecoin ($PHNX)

    1. Thoughtful Tokenomics: Phoenix Memecoin ($PHNX) employs a carefully designed tokenomics strategy to ensure stability and growth. The total supply of tokens is limited, providing a sustainable foundation. The presale offers tokens at a fixed rate of 2000 PHNX per 1 Solana (SOL), with a purchase limit of 30 SOL per wallet to promote broad participation and prevent market manipulation.
    2. Strategic Fund Allocation: Funds raised from the presale are allocated to liquidity, team development, exchange listings, partnerships, marketing, and token buyback and burn. This diversified approach aims to support the project’s long-term success.
    3. Community and Transparency: The Phoenix Memecoin team prioritizes transparency and community involvement. Active community members and content creators are rewarded for their contributions. Token holders can access exclusive content and events, enhancing engagement and value for the community.
    4. Roadmap and Governance: Phoenix Memecoin has a detailed roadmap outlining its plans, including presale, DEX listings, community events, and rewards. Governance mechanisms allow token holders to participate in project decisions, fostering a collaborative environment.
    5. Experienced Team: The project is led by a team of four developers with extensive experience in cryptocurrencies and a commitment to transparent communication. The team holds a modest 6% of the total tokens, ensuring that the focus remains on community growth and project sustainability.
    6. Phoenix Academy: The Phoenix Academy on the project’s website offers free educational resources on cryptocurrencies, providing valuable knowledge without financial commitment.

    For More Information

    The Phoenix Memecoin team is available on social media to respond to inquiries and engage with the community.

    Contact

    Jonathan Griffin
    [email protected]

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    Bybit Receives Full License in Kazakhstan

    2024-09-27T15:27:20Z

    DUBAI, United Arab Emirates, Sept. 27, 2024 (GLOBE NEWSWIRE) -- Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is excited to announce that it has been granted a full license by the Astana Financial Service Authority (AFSA). This significant milestone enables Bybit to operate as a fully authorized market institution in Kazakhstan, marking another step in the company’s global expansion.

    Under full authorization from AFSA, Bybit Kazakhstan will offer a comprehensive range of services, including operating a digital asset trading facility, providing custody, dealing in investments as both an agent and principal, and managing investments. Bybit’s new licensing opens many opportunities for users in Kazakhstan and the broader Commonwealth of Independent States (CIS) region.

    "Kazakhstan has become a key player in the global crypto ecosystem, and we are thrilled to be expanding our services in such a dynamic market," said Ben Zhou, co-founder and CEO of Bybit. "With this full license, we are committed to bringing our cutting-edge technology, security, and transparency to crypto traders in Kazakhstan, ensuring they can access the best possible tools and services to thrive in this fast-growing industry."

    With this license, Bybit Kazakhstan will now offer various products, including spot and derivatives trading, margin trading, and crypto loans. The Bybit Kazakhstan website, under the domain “bybit.kz,” is scheduled to launch in mid-October 2024. The expansion into Kazakhstan aligns with Bybit’s mission to provide reliable and transparent services, catering to the unique needs of crypto traders and investors in the region.

    This new chapter for Bybit in Kazakhstan solidifies the company's commitment to fostering innovation and growth within the global cryptocurrency landscape. With a fully regulated platform, Bybit is poised to deliver enhanced services that meet the highest standards of compliance and security. Bybit looks forward to building strong relationships with traders in Kazakhstan and across the CIS region, empowering them to navigate the dynamic world of digital assets with confidence.

    About Bybit

    Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving over 50 million users. Established in 2018, Bybit provides a professional platform where crypto investors and traders can find an ultra-fast matching engine, 24/7 customer service, and multilingual community support. Bybit is a proud partner of Formula One’s reigning Constructors’ and Drivers’ champions: the Oracle Red Bull Racing team.

    For more details about Bybit, users can visit Bybit Press. 

    For media inquiries, users can contact: [email protected]

    For more information, users can visit: https://www.bybit.com

    For updates, users can follow: Bybit's Communities and Social Media

    Contact
    Head of PR
    Tony Au
    Bybit
    [email protected]


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