Black Phoenix

BPX Price

About Black Phoenix (BPX)

Black Phoenix is a multi-chain cryptocurrency designed to facilitate digital payments and value retention across decentralized ecosystems.

• Operates as a utility token on the Tron and BNB Chain networks with a long-term roadmap for independent infrastructure.
• Aims to transition from a decentralized application token to a native Layer 1 asset via the planned Black Phoenix Blockchain.
• Features a comprehensive ecosystem plan including a dedicated wallet, a decentralized exchange, and a metaverse-integrated payment system.

What Is Black Phoenix

Black Phoenix is a digital asset that serves as the core utility and payment unit for an emerging ecosystem of decentralized financial products. Its primary value proposition centers on creating a frictionless environment for international value transfer and digital commerce. The project seeks to lower the barrier to entry for cryptocurrency users by providing integrated tools for asset management and trading.

Value moves through the system as users utilize BPX for transactions within the project's planned decentralized exchange and payment gateways. The token is put to work through liquidity provisioning in the Black Phoenix Exclusive Swap, where users can contribute to trading pairs such as BNB, DOT, and TRX. As the ecosystem grows, the project intends to scale by migrating activity to its own proprietary blockchain, which aims to support high-speed transactions with minimal costs.

If the ecosystem expands as planned, BPX will transition from a cross-chain utility token to the native asset of its own network, facilitating all on-chain operations and service fees.

What Makes Black Phoenix Unique

• Multi-Chain Accessibility: The token is deployed on both Tron and BNB Chain, allowing users to choose their preferred network for transactions and liquidity management.
• Metaverse Payment Integration: The project is developing a payment system specifically tailored for metaverse environments, focusing on transparency in supply chain data and digital goods purchasing.
• Infrastructure-First Roadmap: Unlike many application-layer tokens, Black Phoenix is designed with the explicit intent to evolve into a standalone blockchain network (BPX Network).
• Integrated Swap Capabilities: The Black Phoenix Exclusive Swap allows for the easy create of liquidity pools for multiple major assets, streamlining decentralized trading for its holders.

What Can You Use Black Phoenix for?

• Decentralized Trading: Users can trade BPX against major assets like BNB, DOT, and TRX through the project's native swap interface.
• Liquidity Provision: Holders can participate in the ecosystem by providing liquidity to trading pools, earning a share of protocol service fees.
• Digital Payments: The token is intended for use within a future metaverse-based payment system for purchasing goods and services.
• Ecosystem Governance (Planned): While specific details are pending, the token is positioned to play a role in the future governance of the BPX Network and its associated decentralized exchange.

How Does Black Phoenix Work?

Black Phoenix currently operates as a smart contract-based token on the Tron and BNB Chain networks. It utilizes the security and consensus mechanisms of these underlying blockchains to process transactions. On the Tron network, it follows the TRC-20 standard, while on BNB Chain, it functions as a BEP-20 token. This dual-deployment ensures that the token can be stored in popular wallets such as TronLink and Trust Wallet.

Transactions involving BPX incur protocol service fees when executed through the project's native swap or decentralized exchange. The project's future technical mechanism involves the launch of the BPX Network, a dedicated blockchain designed for high throughput and safety. Once this network is live, BPX will serve as the primary medium for processing transactions and securing the network's operations.

Team Info and Investors

The Black Phoenix project is managed by the BPX Team, who oversee the development of the ecosystem's various components, including the swap, wallet, and planned blockchain. The source material does not specify the individual identities of the founders or provide a detailed background on the team's professional history. Furthermore, no specific information regarding early-stage venture capital backing, private funding rounds, or institutional investors is provided in the available documentation. The project emphasizes a community-centric growth model, focusing on exchange listings and market expansion to achieve its technical objectives.

Where can you buy Black Phoenix?

BPX tokens can be traded on decentralized exchanges and centralized crypto exchanges. The most popular exchange to buy and trade Black Phoenix is PancakeSwap V3 (BSC), where the most active trading pair BPX/WBNB has a trading volume of $261.65 in the last 24 hours.

What is the daily trading volume of Black Phoenix (BPX)?

The 24 hour trading volume of Black Phoenix (BPX) is $0 which signals a drop in market activity. If you own BPX tokens, liquidity of the token is likely to be low. Proceed with caution. You may explore CoinGecko’s list of most traded cryptos for coins with higher liquidity.

What is the highest and lowest price for Black Phoenix (BPX)?

Black Phoenix (BPX) reached an all-time high of $3.37 and an all-time low of $0.0₅1327. It’s now trading -99.90% below that peak and 324,982.00% above its lowest price.

What is the market cap of Black Phoenix (BPX)?

Market capitalization of Black Phoenix (BPX) is $24,877,659 and is ranked #709 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of BPX tokens (5.8 Billion tokens are tradable on the market today).

What is the fully diluted valuation of Black Phoenix (BPX)?

The fully diluted valuation (FDV) of Black Phoenix (BPX) is $34,200,246. This is a statistical representation of the maximum market cap, assuming total number of 7.9 Billion ETH tokens are in circulation today.

How does the price performance of Black Phoenix compare against its peers?

With a price increase of 0.00% in the last 7 days, Black Phoenix (BPX) is outperforming the global cryptocurrency market which is down -2.90%, while outperforming when compared to similar BNB Chain Ecosystem cryptocurrencies which are up 0.00%.