Phore PHR Coin Analysis and Markets in 2020

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Last modified on 11. October 2020

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Quarters

Quick Facts

Phore is a medium-sized cryptocurrency. It had a market capitalization of nearly US$ 3.4 million on 1 October 2020, accounting for less than 0.01 percent of the market for crypto assets.¹^|2 Its ticker symbol is PHR.

The user known as Phore announced the launch of Phore on 22 March 2018 at bitcointalk.org. coinmarketcap.com subsequently launched the tracking of real-time trading data in December 2017.

phore.io

Quarterly Averages

This section presents the quarterly averages (trimester) for trading volume, market capitalization and trading price for 2017, 2018, 2019 and 2020.

Trading Volume & Market Capitalization

For example, Phore had an average trading volume of nearly US$ 227 k per day for the first trimester of 2019. Over the same time frame in the previous year, this figure came to over US$ 231 k. The trading volume retraced by 2 percent accordingly.

The average market capitalization during the first trimester of 2019 was over US$ 2.5 m. In the same period of 2018, this figure came to nearly US$ 26.9 m. Market capitalization retraced down accordingly by 90.7 percent.

Trading Price

In the first trimester of 2019, the average trading price was just under US$ 0.17. In the same period of 2018, this figure came to just under US$ 3.80. The corresponding downward price retracement equated to 95.5 percent.

The all-time high of Phore in 2018

Phore PHR Price analysis generated by coindashboards.com — Price analysis for the most important moments in Phore’s trading history (PHR)

The Phore currency reached a peak in January 2018 at US$ 9.46. At this trading price, the coin reached a market capitalization of over US$ 68 million. This put Phore in the ballpark of certain other digital currencies, such as Blockmason Credit Protocol, ECC, XEL, DomRaider and Humaniq, among others.

Phores all-time high compared to Bitcoin and the most renowned companies worldwide

Bitcoin, by far the largest cryptocurrency at the time, had a market capitalization of US$ 241 billion on that day. Apple Inc., one of the most highly valued brands in the world, stood at US$ 901 billion. And Volkswagen AG, the world’s largest vehicle manufacturer as of 2018, at US$ 111 billion.

Phore (PHR): 0.068 bn US dollars
Bitcoin (BTC): 241 bn US dollars
Apple (AAPL): 901 bn US dollars
VW (VWAGY): 111 bn US dollars
Date: 13 January 2018

March 2019: an interesting date following the big cryptocurrency crash

On 1 March 2019, the price of Phore stood at over US$ 0.15 with a market capitalization of over US$ 2.5 million. In comparison with the peak trading price described above, this represents a retracement down to approximately 1.6 percent.

Bitcoin dropped down to approximately 19.5 and Ethereum to about 9.7 percent of their all-time-high trading prices around that time.

More Details

The Phore-Coin is not created by mining. It has no maximum number of coins, unlike TRON, for example. Those interested in the source code should also take a look at the GitHub page.

Current Phore transactions can be tracked using this block explorer, which also displays block height and other real-time metrics.

More information about Phore, including the white paper and other links to source code, community forums and social media accounts can be found on phore.io.

Markets

Phore PHR Market analysis generated by coindashboards.com — Markets on which Phore (PHR) can be traded

BTC

The trading platforms for buying or selling Phore in BTC are LATOKEN, Crex24 and Graviex.

Social Links

You can get in touch with the Phore team directly by going to the following social media channels:

^{1. Or 0.0023 percent, if omitting Bitcoin.}

^{2. Read about our sources}