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Phantasma (TOKEN) to AED

Find the real-time Phantasma (TOKEN) - AED conversion rate,along with history, market insights and other vital information to help with your cryptocurrency trading and investing.Use our secure and fast exchange platform to easily convert your Phantasma (TOKEN) into AED, getting competitive transaction fees and enjoy a smooth trading experience!

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About Phantasma (TOKEN)

Introduction to Phantasma (TOKEN), blockchain basics, and how digital currency works

Phantasma is a decentralized blockchain platform designed to facilitate the creation and execution of smart contracts and decentralized applications (dApps). It aims to provide a high-performance environment for developers and users, focusing on scalability, speed, and low transaction costs. The native cryptocurrency of the Phantasma ecosystem is the SOUL token, which is used for various purposes, including transaction fees, staking, and governance. Phantasma operates on a dual-token model, which includes the SOUL token and the governance token, the PHANTOM token. This dual structure allows users to have more flexibility and control over their assets while enabling the platform to maintain efficient operations. The platform utilizes a unique consensus mechanism known as Proof of Stake, which allows token holders to earn rewards by participating in the network’s security and functionality. One of the standout features of Phantasma is its ability to support cross-chain transactions. This means that users can transfer assets between different blockchains seamlessly, which is a significant advantage in the increasingly interconnected world of cryptocurrencies. Additionally, Phantasma offers a robust decentralized storage solution, enabling users to store their data securely and privately. The project was launched in 2018 by a team of experienced developers and blockchain enthusiasts who saw the potential of blockchain technology to revolutionize various sectors. The founding team includes skilled individuals with backgrounds in software development, finance, and marketing, which provides a well-rounded approach to the project's growth and sustainability. Over the years, the Phantasma team has been committed to enhancing the platform's features, improving user experience, and expanding its ecosystem. Phantasma’s development is community-driven, and the team actively engages with its users to gather feedback and suggestions. This commitment to transparency and collaboration has helped build a strong community around the project, fostering a vibrant ecosystem where developers and users can thrive together. For those new to the crypto industry, Phantasma presents an exciting opportunity. With its innovative technology and community-focused approach, it is positioned to play a significant role in the future of decentralized applications and services. Whether you are looking to invest, develop on the platform, or simply explore the world of blockchain, Phantasma offers a welcoming environment for newcomers. In conclusion, Phantasma combines advanced technology with a user-centric philosophy, making it an appealing choice for anyone looking to explore the potential of blockchain. With a dedicated team and a growing community, Phantasma is set to carve out its place in the ever-evolving crypto landscape. As the demand for decentralized solutions continues to rise, Phantasma stands ready to meet the challenges of the future with its innovative platform and strong vision.

Phantasma (TOKEN) to AED Real-Time Market Price

د.إ0.01643-9.12%(5m)
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Conversion RatePhantasma (TOKEN) to AED

TOKEN to AED

  • Qty
  • 0.5 TOKEN0.00 AED
  • 1 TOKEN0.01 AED
  • 5 TOKEN0.08 AED
  • 10 TOKEN0.16 AED
  • 50 TOKEN0.82 AED
  • 100 TOKEN1.64 AED
  • 500 TOKEN8.21 AED
  • 1000 TOKEN16.43 AED

AED to TOKEN

  • Qty
  • 0.5 AED-- TOKEN
  • 1 AED-- TOKEN
  • 5 AED-- TOKEN
  • 10 AED-- TOKEN
  • 50 AED-- TOKEN
  • 100 AED-- TOKEN
  • 500 AED-- TOKEN
  • 1000 AED-- TOKEN

Phantasma (TOKEN) to AED Trending

Price History

24H
QtyCurrent Price24H Ago24H Change%
0.5 TOKEN0.00 AED0.00 AED
+6.56%
1 TOKEN0.01 AED0.01 AED
+6.56%
5 TOKEN0.08 AED0.07 AED
+6.56%
10 TOKEN0.16 AED0.15 AED
+6.56%
50 TOKEN0.82 AED0.77 AED
+6.56%
100 TOKEN1.64 AED1.54 AED
+6.56%
500 TOKEN8.21 AED7.71 AED
+6.56%
1000 TOKEN16.43 AED15.42 AED
+6.56%

Phantasma (TOKEN) to AED Insights

Phantasma TOKEN Market Insights Price Volatility of Phantasma TOKEN Phantasma TOKEN has recently exhibited notable price volatility, characterized by sharp fluctuations that have attracted both retail and institutional investors. Over the past few months, the price has experienced significant spikes, driven by increased trading volume and heightened interest in decentralized applications. This volatility presents both opportunities and risks for investors. Traders are advised to remain cautious and consider market indicators, as rapid price changes can lead to potential gains or losses. Institutional Investment Trends Institutional interest in Phantasma TOKEN has been on the rise, reflecting a broader trend in the cryptocurrency market where larger investors are increasingly looking for exposure to altcoins beyond Bitcoin and Ethereum. Recent reports indicate that several investment funds are allocating portions of their portfolios to Phantasma, driven by the platform's unique capabilities in providing scalable and efficient blockchain solutions. This trend suggests a growing confidence in Phantasma's technology and long-term viability, which could further stabilize its market presence and enhance liquidity. Impact of Global Regulatory Policies Global regulatory policies continue to shape the cryptocurrency landscape, and Phantasma TOKEN is not immune to these changes. Recent developments in regulatory frameworks across major economies, including the United States and European Union, are influencing market sentiment. Stricter regulations may lead to increased compliance costs for projects like Phantasma but can also enhance legitimacy and attract institutional investors seeking a secure investment environment. As regulatory clarity improves, Phantasma’s adoption could accelerate, particularly in regions where compliance is prioritized. Shifts in Market Sentiment Market sentiment surrounding Phantasma TOKEN has shown signs of improvement, with a growing community of supporters advocating for its unique features, such as rapid transaction speeds and cost-effective operations. The recent announcements regarding partnerships and technological advancements have also played a crucial role in shifting sentiment positively. Investors are increasingly optimistic about the project’s roadmap and its ability to compete in the crowded blockchain space. This shift in sentiment is crucial for driving demand and potentially stabilizing prices in the long run. AED Conversion Trends As the cryptocurrency market expands, the conversion of Phantasma TOKEN to AED (United Arab Emirates Dirham) has gained traction, particularly among investors in the Middle East. The growing popularity of cryptocurrencies in this region has prompted exchanges to offer more direct conversion options, making it easier for local investors to participate in the market. The strengthening of the AED against other fiat currencies may also influence trading volumes, as investors look to capitalize on favorable exchange rates. As more investors in the UAE become aware of Phantasma TOKEN, the potential for increased trading activity is significant. In summary, the landscape for Phantasma TOKEN is evolving, marked by price volatility, increasing institutional interest, the effects of regulatory policies, and a positive shift in market sentiment. With the added dimension of AED conversion, Phantasma is poised to attract a diverse range of investors, solidifying its position in the cryptocurrency market.

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Phantasma (TOKEN) to AED FAQ

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Market Info

  • Current Price

    0.01643

  • Market Cap

    3967276.059019425

  • 24h Vol

    4427.18814

  • Initial Price

    --

  • Issue Time

    2021/02/09

  • Circulating Supply

    1000019789

  • Max Supply

    10000000000

  • 24h Change%

    -9.12%

  • 24h Change

    0.01161

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