Good coin but why does the price keep going down and down.
I know BTC is failing but even when BTC comes up a bit this coin stays at the old low price. And then when BTC drops aggain PHRs price drops aggain with it. It never recovers which is a bad thing.
One month more and it is back at it's initial price of 0.3$ ...
Damn that ..
I have to disagree with you, PHR is holding extremely against market conditions. The price in USD is not representative of the value of PHR. I think a better metric is to look at the PHR/BTC price which has been holding really well compared to other cryptos. The team has a great product, good business plan and good communication. Strong fundamentals, I see PHR flourishing in the upcoming quarter.
USD is the only thing that matters. There's not much you can buy with BTC .. There are many other cryptos who maintain their price ... Nothing special about PHR ..
I've ordered my entire computer system with BTC as well as most of the items in my new house. I have used amazon, scan, argos, primark, sweet shops and a few others. There is plenty you can buy with bitcoin.
As far as phore goes, in my eyes, it's currently in my top 3 coins. The dev team are open and honest, trading volume is okay, price is very stable (Can't stop people buying and selling). A better exchange would bring some welcome attention but the continued hard work by the team here will bring rewards.
There are a lot of coins out there that have dropped in price, this isn't anything new in crypto or any market for that matter. I purchased some phore at around 40k sats and have them staking. When BTC goes on it's wild swings, everything moves with it, even the ETH supporters thought ETH would stay higher than it is.