Phoenix Global [OLD] (PHB): What It Is, Uses and Risks

Phoenix Global [OLD], traded under the ticker PHB, is a token that the project's own description links to a wider plan called Phoenix, which follows on from Red Pulse. The description outlines a cloud-based knowledge network that would connect research consumers with content producers. It says the platform would use machine learning, natural language processing and blockchain technology to match industry experts with clients who want insights. The description also says the platform would run on a new token, PHX, which would replace the existing RPX token through a token swap. Planned features named in the description include Proof of Creation, Proof of Ownership, regulatory compliance and IP protection. The name includes the word OLD, which suggests this ticker belongs to the earlier token rather than the successor. The data does not confirm whether the swap happened or when it took place, and the description is written as a plan, so readers should not assume the platform is fully live. The token's recorded launch date is 17 October 2017.

the public information available do not settle what PHB is used for. Public reporting describes it as a utility token of Phoenix Global and say it was designed to support AI applications and autonomous systems within the Red Pulse platform. One result describes a planned AlphaNet AI DEX that would charge fees in PHB for trading, strategy execution and order processing, with automatic conversion. These are roadmap claims and third-party descriptions, not confirmed live functions. An older result suggested PHB could be used as a payment method, which is a general claim rather than a documented use case. Another result calls PHB a privacy coin that uses ring signatures. That claim conflicts with the Neo-based setup and with the project's own description, so it should be treated as unverified. The category listed for this token here is AI tokens. Anyone researching it should check the project's current official materials before relying on any stated use.

As of 2026-09-27, the data showed a price of about $0.0023 and a market capitalisation of about $7.8 million, placing it at rank 1416 by market cap. Circulating supply was about 3.39 billion tokens. Total and maximum supply were both about 3.39 billion, which means the data shows no room for further issuance beyond what already exists. The 7-day price change was about +9.4%. One-year change and 24-hour trading volume were not available. The all-time high was about $0.93, recorded on 8 November 2021, and the all-time low was about $0.0011, recorded on 12 March 2020. At the time of writing, the price was roughly 99.8% below its all-time high. One search result cited a supply of 64 million PHB, which does not match the current data and is likely outdated. These figures change constantly and are not a guide to future prices.

The data lists PHB as issued on Neo, a blockchain often described as a smart contract platform in its own right. The consensus or hashing method is listed as NeoScrypt. No native chain is recorded for the token, which means the data does not show it as the base currency of its own network. The token is grouped under the NeoScrypt-related NEO Ecosystem category in the data, and it also appears under artificial intelligence categories. Because the successor PHX token was described as a new smart contract, the technical details of PHB and PHX may differ, and the data does not show how or whether the two are linked on-chain. Readers should check the contract address and chain details on a reputable block explorer for the specific token they hold, rather than relying on ticker names alone.

Several risks stand out. Trading volume data was not available, so it is hard to judge how easily the token can be bought or sold at a stable price. Its market capitalisation is small, which can mean sharp price moves in either direction. The price is far below its 2021 peak, and the data does not explain the reasons. The project's plans depend on a platform and token swap whose timing is unclear, and public reporting give conflicting descriptions of the token's purpose and design. Some of these sources may be outdated. If you hold PHB, first confirm whether you hold PHB or the successor PHX, since they may not be interchangeable. Use a wallet that supports Neo-based tokens, verify the contract details before sending or receiving funds, and never share your seed phrase or private keys with anyone. This page is research, not financial advice.