Phore Price for today is $0.50162507979594. Its current circulating supply is PHR 23,847,402 with a market cap of $11,962,454.
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Currently, Phore (PHR) is trading at $0.5016 with PHR price 3.13572886% up today. The market cap of Phore is USD 11,962,454 with 23,847,402 phr circulating currently. The 24-hour price movement chart indicates that $30,316 worth of PHR were trading. The price peaked to $0.1615 in the last 24 hours while the lowest price was $0.1270.
Phore price prediction suggest that the Phore price is up for a long-term 1578.544463% in the PHR price value with a 5-year investment. This means that in the year 2023, the Phore price is forecasted to stand at $8.42 . You can keep track of Phore’s progress by adding it to your wallet portfolio.
Since its inception back in September of '17, Phore PHR value has seen a dramatic rise in acceptance - both in the currency, as well faith in its development team, who are committed to achieving the goals they have set for themselves. While there is a considerable concern on the current bearish trend of the PHR price visible on the phore price chart, recent partnerships with RedCoin, as well as being nominated among the 'Best Cryptocurrency of 2018' at The Block Awards in Amsterdam bodes a promising future for the Phore development team. However, due to the low market cap, it is difficult to predict PHR's 3-year and 5-year Phore price predictions. The one-year PHR price prediction has the token settling at $1.89 to the USD in 2019.
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As of June 26, Facebook has stepped back on its previous decision to ban cryptocurrency-related ads on its platform, stating that pre-approved advertisers will be given the green light to do so. This is just one small example of the surge in acceptance across the globe for all things cryptocurrency.
It is in this light that CoinSwitch, the first cryptocurrency and altcoin exchange aggregator, invites benefactors and patrons to be a part of this ever-growing consensus! CoinSwitch is built on a highly-reliable and secure exchange, among the best available on the cryptocurrency market today. Unlike other exchanges, CoinSwitch aggregates and compares amongst the best exchanges, allowing benefactors to buy Phore coin or any other cryptocurrency.
Use our comparison tool to buy PHR coin, convert Phore, or exchange Phore for Bitcoin, Ethereum, Litecoin, Monero and many others. Benefactors can also sell Phore to obtain a cryptocurrency of their choice from among the exchange’s over 300 cryptocurrencies, with a possible 45,000 exchange pairings.
If your question is, 'What is Phore?', This currency is a fork of the coin PIVX and was born out of a coin swap with its predecessor, Kryptcoin (KTK). Using the PIVX code as a backbone, the developers have managed to implement a wide array of features onto the old KTK code, re-branding it as Phore. It is a secure, private cryptocurrency that is focused on sustainable growth and development. It uses the Proof-of-Stake 3.0 algorithm and Masternodes to secure its network. Masternodes are significant here because development of the PHR cryptocurrency lies in the hands of masternode holders. Currently, a total of 10,000 PHR awards benefactors with a masternode, which has turnovers of 480 PHR on a monthly basis.
Another significant feature of the Phore currency is its adoption of the zerocoin protocol, allowing guaranteed anonymity with transactions. As of the first quarter of this year, the development team have released a beta version of their most-anticipated feature – the decentralised marketplace. This platform allows Phore currency holders to trade in goods with vendors and second-hand sellers in exchange for PHR currency. The marketplace is running with an adapted version of the OpenBazaar code. These features were already in place with the KTK token. Developers now look to introduce features such as decentralised micro-crowdfunding and smart contracts.
The former allows individuals or partnerships to use the Phore platform to raise money and have Phore as an escrow between them and the buyers, while smart contracts will allow for the launch and subsequent running of dApps on the Phore platform, which will allow it to rival the likes of Ethereum! The remaining months of 2018 will be spent investing in the Smart Contract testing and development, as well as the implementation of the decentralised crowdfunding feature on the marketplace. What’s more, Phore is even looking into the implementation of a VR/AR enhancement that will be a first of its kind!
If you are new to crypto trading, it's always advisable to learn about, what is Phore, it's benefits and indicative return on investment.