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|1 Phala Network = 0.09192 GBP||1 000 GBP = 10,878.69593 PHA|
|100 Phala Network = 9.19228 GBP||100 000 GBP = 1,087,869.59 PHA|
|Currently in circulation: 633,068,188 PHA||The maximum amount of PHA in circulation: 1,000,000,000|
Both rise and fall of the price is an opportunity for trading. Thanks to CFD brokers, it is possible to trade even falling prices. For a trader, the worst are stable prices where it is not possible to “jump on the wave and ride it.”
Jumping on the wave means trading in the direction of the trend. Put simply, when the price is falling – trade fall; when it is rising – trade rise.
Market value and the current Phala Network price
|Current price||0.0919 GBP / 0.1153 USD / 0.1072 EUR|
|Total market value||58,983,623 GBP / 74,015,405 USD / 68,769,207 EUR|
|Price change in the last 24h||3.92%|
|Price change in the last 7 days||2.93%|
|Updated||Dec 09, 2023, 9.49 am|
In the last 24h, the price of the cryptocurrency Phala Network has increased by 3.92%. Overall, it can be said that there is an increasing trend because the value of Phala Network has increased by 2.93% in the last 7 days. The total market value of the cryptocurrency Phala Network as of Jan 12, 2022, is 74,015,405 USD (roughly 58,983,623 GBP), which makes it the 442th most valuable cryptocurrency in the world.
|Date||PHA/USD||Price in GBP||Change in 24h|
|Dec 08, 2023||0.115 USD|
|Dec 07, 2023||0.111 USD|
|Dec 06, 2023||0.110 USD|
|Dec 05, 2023||0.111 USD|
|Dec 04, 2023||0.110 USD|
|Dec 03, 2023||0.113 USD|
|Dec 02, 2023||0.112 USD|
|Dec 01, 2023||0.111 USD|
|Nov 30, 2023||0.110 USD|
|Nov 29, 2023||0.113 USD|
|Nov 28, 2023||0.115 USD|
|Nov 27, 2023||0.107 USD|
|Nov 26, 2023||0.112 USD|
|Nov 25, 2023||0.109 USD|
Frequently asked questions
1️⃣ What will be the price of Phala Network in a day/week/month?
Predicting the PHA price correctly is not easy. However, we prepared a technical analysis which will help you to identify whether it is better to sell or buy this cryptocurrency.
2️⃣ Can I make some money from falling prices?
Yes, you can speculate on the price fall via CFD. You can try out everything for free, you just need to choose a broker and open a demo account.
3️⃣ Is Phala Network worth trading or do you recommend another cryptocurrency?
Realistically, we cannot evaluate whether or not PHA is worth trading. Each cryptocurrency is specific and it is important to know everything that affects its price. However, we believe it is always safer to trade cryptocurrencies with a higher market capitalisation. Generally, they do not experience the same fluctuations in prices as those with a lower market cap.