The crypto industry has been dominated by the recovery of major cryptocurrencies and regulatory developments, but one unexpected player has taken the market by storm. Black Phoenix, a payment system protocol, and its native token, BPX, have witnessed an astonishing surge in price, outperforming the entire market with historical performance.
Notably, Black Phoenix’s BPX token reached an all-time high of $2.60 on May 22, propelled by a staggering 4,400,000% growth in the past 24 hours and over 6,500,000% in the past fourteen days.
This unexpected victory has caught the attention of investors, prompting them to examine the protocol’s underlying principles and design more closely.
Exploring The Black Phoenix Design
According to the protocol’s “Black Paper” released in April 2021, Black Phoenix presents a fully on-chain liquidity protocol for instant cryptocurrency token swaps in a decentralized manner on any smart contract-enabled blockchain.
The protocol’s desi
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