The PHNIX memecoin, built on the XRP Ledger (XRPL), has achieved a significant milestone with its first major centralized exchange (CEX) listing on MEXC, a leading cryptocurrency exchange. This listing marks a pivotal moment for PHNIX, which launched on December 3, 2024, amid growing interest in XRPL meme coins.
Key Highlights of the MEXC Listing
- Spot Trading Pair: PHNIX/USDT
- Trading Volume: Over 6.16 billion tokens traded within 24 hours (~$425,000)
- Price Surge: 116% increase post-listing announcement
- Total Supply: Capped at 589 billion tokens
👉 Discover how PHNIX is reshaping the XRPL meme coin ecosystem
PHNIX: A Symbol of Rebirth and Community Resilience
PHNIX embodies themes of rebirth and resilience, closely tied to the XRP and Ripple communities. Its success mirrors the broader revival of XRP following Ripple’s partial legal victory against the U.S. SEC in 2024. The token has quickly become a community mascot, representing the invincible spirit of XRP supporters.
"A historic milestone has been achieved on the XRP Ledger today: PHNIX is the first XRPL memecoin listed on a major CEX!"
The Rise of XRPL Meme Coins
The XRPL blockchain has emerged as a hotspot for meme coin development, with projects like ARMY, 589, XPILL, and RIPPIE gaining traction. PHNIX stands out by leveraging the chain’s low transaction fees and scalability, making it accessible to a broader audience.
Why the MEXC Listing Matters
- Increased Visibility: Attracts traders and institutional investors.
- Liquidity Boost: Facilitates higher trading volume.
- Ecosystem Growth: Encourages further development of XRPL meme coins.
👉 Explore the future of XRPL-based meme coins
FAQs About PHNIX and XRPL Meme Coins
1. What is PHNIX?
PHNIX is a meme coin on the XRP Ledger, symbolizing community resilience and rebirth.
2. How do I buy PHNIX?
It’s available for spot trading on MEXC (PHNIX/USDT pair) and FirstLedger DEX.
3. What’s the total supply of PHNIX?
The supply is capped at 589 billion tokens.
4. Why are XRPL meme coins gaining popularity?
They benefit from low fees, fast transactions, and a strong community backing.
5. Will PHNIX be listed on other exchanges?
Future listings are likely as the project gains traction.
Conclusion
The MEXC listing solidifies PHNIX’s position as a frontrunner in the XRPL meme coin ecosystem. With its community-driven ethos and growing adoption, PHNIX is poised to play a key role in the evolution of XRP Ledger-based assets.