BPX (Black Phoenix) rose 4163.02% in 24 hours.

Gate News Bot message, August 8, according to CoinMarketCap data, as of the time of writing, BPX (Black Phoenix) is currently priced at $2.16, with a rise of 4163.02% in the last 24 hours, peaking at $2.83 and dipping to a low of $0.05, with a 24-hour volume of $1.31 million.

Black Phoenix is a cryptocurrency based on the Tron blockchain, aimed at bringing more profits to users. The BPX team plans to develop a blockchain technology named "Black Phoenix Blockchain" (BPX Network) after achieving profitability and market goals, to enable low-cost, fast, and secure transactions. Moreover, the team also plans to launch the "Black Phoenix Wallet" and the decentralized exchange "BPX Exchange". BPX also provides unique swapping features, supporting four trading pairs: BNB, DOT, TRX, and BPX. In terms of the metaverse and payment systems, Black Phoenix is developing a new payment system that will provide a rich shopping experience and information display features in the metaverse world.

Recent important news about BPX:

1️⃣ BPX Exchange successfully entered the UK cryptocurrency registration list On May 29th, BPX Exchange successfully landed on the UK's cryptocurrency registration list as a tokenized platform. This move marks an important progress for BPX Exchange in terms of compliance and regulation, helping to enhance its credibility and competitiveness in the international market.

2️⃣ The cryptocurrency market is experiencing heightened volatility, with meme coins standing out Recently, the cryptocurrency market has shown a trend of increased volatility, with the meme coin sector standing out in particular. As an emerging crypto asset, BPX may be influenced by this market trend, and investor attention towards it has increased.

3️⃣ The BPX ecosystem continues to improve The BPX team is actively developing core components such as the Black Phoenix Blockchain, Black Phoenix Wallet, and BPX Exchange, continuously improving its ecosystem. These initiatives are expected to enhance the practicality and value of BPX, laying a foundation for its long-term development.

From a technical perspective, BPX shows a strong pump momentum in the short term, but it is also accompanied by significant price volatility. While investors pay attention to its potential, they should also fully assess its risks.

This message is not intended as investment advice; investors should be aware of market volatility risks.