Phala Network Trading Up 16.6% This Week (PHA)

Phala Network (CURRENCY:PHA) traded 10% higher against the U.S. dollar during the 24 hour period ending at 10:00 AM Eastern on October 14th. Phala Network has a total market capitalization of $225.25 million and approximately $86.82 million worth of Phala Network was traded on exchanges in the last 24 hours. One Phala Network coin can now be bought for approximately $0.83 or 0.00001442 BTC on exchanges. During the last week, Phala Network has traded up 16.6% against the U.S. dollar.

Here’s how other cryptocurrencies have performed during the last 24 hours:

  • Starname (IOV) traded down 3.9% against the dollar and now trades at $4,099.30 or 0.08159023 BTC.
  • Binance USD (BUSD) traded 0% higher against the dollar and now trades at $1.00 or 0.00001741 BTC.
  • Chainlink (LINK) traded 11.2% higher against the dollar and now trades at $27.25 or 0.00047427 BTC.
  • Polygon (MATIC) traded 2.4% higher against the dollar and now trades at $1.32 or 0.00002639 BTC.
  • Polygon (MATIC) traded up 5.8% against the dollar and now trades at $1.27 or 0.00002216 BTC.
  • Axie Infinity (AXS) traded 5.7% higher against the dollar and now trades at $126.17 or 0.00219622 BTC.
  • DREP (DREP) traded down 21% against the dollar and now trades at $1.96 or 0.00003398 BTC.
  • DREP [old] (DREP) traded 19.5% lower against the dollar and now trades at $1.96 or 0.00003399 BTC.
  • FTX Token (FTT) traded up 6.5% against the dollar and now trades at $55.54 or 0.00096688 BTC.
  • Dai (DAI) traded 0.1% higher against the dollar and now trades at $1.00 or 0.00001742 BTC.

Phala Network Profile

Phala Network is a coin. It launched on April 30th, 2020. Phala Network’s total supply is 1,000,000,000 coins and its circulating supply is 272,000,000 coins. Phala Network’s official Twitter account is @PhalaNetwork.

According to CryptoCompare, “Phala.Network is designed to guarantee the reliable execution of smart contracts while keeping the data secretly. Confidential contracts run in miner nodes with Trusted Computing capable hardware, which guarantees the secrecy of the contract data. “

Phala Network Coin Trading

It is usually not possible to purchase alternative cryptocurrencies such as Phala Network directly using U.S. dollars. Investors seeking to acquire Phala Network should first purchase Bitcoin or Ethereum using an exchange that deals in U.S. dollars such as Gemini, Coinbase or GDAX. Investors can then use their newly-acquired Bitcoin or Ethereum to purchase Phala Network using one of the exchanges listed above.

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