✍️ 18 October, 2022 – 5:52 👤 Editor: Jakub Motyka
- Despite the fact that the cryptocurrency market is still in an area of extreme fear, there is a little-known crypto that has seen its value skyrocket by 199% in the last 7 days.
- This cryptocurrency still has a low market capitalization, which means that there are not many investors involved in it (despite its spectacular price increase).
- The latest news about cryptos, in our Telegram channel.
There is a cryptocurrency that has experienced a spectacular rise in price in the last 24 hours, despite the fact that the cryptocurrency market is still in an area of extreme fear. This altcoin has managed to increase its price by 199% in just 7 days.
This is the Phala Network (PHA). This low-cap crypto has seen its price skyrocket over the past week, so let’s take a closer look to see what exactly has happened to the altcoin in question.
Phala Network (PHA) Rises 199% In The Last 7 Days
The cryptocurrency Phala Network (PHA) has experienced a spectacular bullish rally in the last week. During the last 7 days, its price has increased by 199.79%:
The PHA token of Phala Network has seen its price increase from a monthly low of $0.07442 to a high of $0.4663 registered last October 15.
At the time of writing this news today, October 18, 2022, the Phala Network cryptocurrency is trading at a price of $0.2356, which represents an increase of 11.36% compared to the last 24 hours.
What Is Phala Network (PHA)
Phala Network (PHA) is a Web3 project in the cloud, which offers decentralized cloud computing > for all projects that want to build on its technology. It was founded at the end of 2018, and it is a project that has privacy as a flag.
Phala Network (PHA): Updated Data On This Cryptocurrency
Phala Network (PHA) is in position #186 in the CoinMarketCap top cryptocurrency ranking. It has a market capitalization of $99,346,234, being a cryptocurrency that has a maximum supply set at 1 billion tokens, with 41% of the supply already in circulation.
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ES: Por mi trabajo de redactor siempre he escrito para otros temas pero la verdad es que a día de hoy lo que más me apasiona es el tema de las criptos. Tengo conocimientos tanto en criptomonedas y wallets como de airdrops y exchanges.
Poseo wallet en Coinbase y Trust Wallet, y cuentas en una variada cantidad de exchanges como Satoshi Tango, Binance, Crypto, Ripio, entre otras.
EN: EN: Because of my work as an editor I have always written for other topics but the truth is that today what I am most passionate about is the topic of cryptos. I have knowledge in both cryptocurrencies and wallets as well as airdrops and exchanges.
I have a wallet in Coinbase and Trust Wallet, and accounts in a variety of exchanges such as Satoshi Tango, Binance, Crypto, Ripio, among others.
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