Price change (24h):
1.19%
High (24h):
$0.02388666
Low (24h):
$0.0235752
Volume (24h):
$6.38K
Market Cap:
$2.22M
All Time High:
76.76% $0.10
Dec 1, 2013
All Time Low:
27119% $0.00
Dec 21, 2015
94.41 %(1Y)
$0.02386752
Price change (24h):
1.19%
High (24h):
$0.02388666
Low (24h):
$0.0235752
Volume (24h):
$6.38K
Market Cap:
$2.22M
All Time High:
76.76% $0.10
Dec 1, 2013
All Time Low:
27119% $0.00
Dec 21, 2015
Phoenixcoin (PXC) is a cryptocurrency launched in 2013. It operates as a proof-of-work digital currency and an early smart contract platform.
Conceived as a transactional backbone for a suite of decentralised applications, Phoenixcoin targeted the underserved intersection of online gaming and peer-to-peer commerce. The network’s architects aimed to embed a provably fair poker platform and a non-custodial escrow system—termed Phenix Poker and Phenix Safe Trade—directly into the monetary layer. Neither gained sustained traction.
The network operates on its own blockchain using proof-of-work. Transaction finality is achieved through NeoScrypt mining, a memory-intensive hashing function engineered to resist the centralising pull of application-specific integrated circuits.
Blocks arrive every 60 seconds, a cadence that once promised comparatively brisk settlement before faster chains proliferated. NeoScrypt’s design shifts the computational bottleneck from raw silicon fabrication to memory bandwidth, theoretically prolonging the era of general-purpose hardware mining. The native coin forgoes Ethereum’s ERC-20 and all later token standards, existing solely as a base-layer asset on its independent ledger.
John Carmiche and Michael Burns, operating under Phenix Crypto Systems Network Inc., mined the genesis block on 8 May 2013. The public launch was deferred until block 20,000, an interval that carved out approximately one million pre-mined coins for the founders. Originally branded Phenixcoin, the project forged a short-lived alliance under the banner UNOCS with Feathercoin and Worldcoin in July 2013, a coalition that fractured when Feathercoin withdrew amid management disputes.
Beyond maintaining a functional payments rail, the project’s vision was to incubate a trust-minimised digital micro-economy where gambling outcomes and trade settlements could unfold without central clearinghouses. In that model, Phoenixcoin would serve not merely as a ledger entry but as the atomic settlement layer for risk, wager, and contractual discharge. Ambition outpaced execution.
Mechanically, PXC units are generated exclusively through proof-of-work mining, with miners earning block rewards and transaction fees in the standard unspent transaction output model. Within the embryonic Phenix ecosystem, the coin was intended to function as the sole staking credit for poker tables and the settlement medium for escrowed trades—an experiment in collapsing application logic and native currency into a single, unified instrument. The mechanism left no room for third-party tokens; all activity priced in PXC.
A miner today could accumulate PXC by directing NeoScrypt-compatible hardware at the network’s difficulty, while speculators source the asset through thin order books on a small handful of exchanges. Were the original platform ambitions revived, holders might conceivably deploy PXC as buy-in tokens for provably fair poker games or as collateral inside a decentralised escrow contract. Liquidity remains vanishingly thin.
Phoenixcoin has a maximum supply of 98,000,000 tokens. Currently, 93,201,630.88 are in circulation. With a market capitalization of $2,376,100.00, Phoenixcoin ranks #2,187 among all cryptocurrencies.
| Date | Open | Close | High | Low |
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| 13/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 12/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 11/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 10/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 09/06/2026 | $0.02 | $0.02 | $0.02 | $0.02 |
| 08/06/2026 | $0.02 | $0.02 | $0.03 | $0.02 |
| 07/06/2026 | $0.02 | $0.02 | $0.03 | $0.02 |
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