Phala Network (PHA) Boosts Optimism with Bitget Support

According to an official press release on December 28, the prominent cryptocurrency exchange Bitget has listed Phala Network (PHA) within the Innovation, AI, and DePIN Sector.

Phala Network (PHA) has been listed by cryptocurrency exchange Bitget on December 28, according to the official press release. The token is included in the Innovation, AI, and DePIN Sector on the exchange. The goal of the move is to introduce cutting-edge projects that are transforming blockchain technology to a wider audience.

To show even more support, Bitget is also running a 7-day promotion for the crypto project. During this time, platform users can buy PHA using credit or debit cards without paying any transaction fees.

Usually, as a top-tier cryptocurrency exchange increases its support for a token, market trends view the token more optimistically. This is because of the potential for increased market attention.

At the time of writing, the PHA price had increased by about 56% over 24 hours, and it was being traded at $0.5372. The 24-hour low and high were at $0.3605 and $0.5483. Also, traders reacted well to the listing news, making the 24-hour trading volume go up by 304% to $850.61 million.

As trading starts after the listing, price increases are likely. Past events like this have had a good effect on token prices after they were listed.

Earlier, CoinGape said that the PENGU token went up in price a lot after it was listed on Bithumb, which is a big cryptocurrency exchange in South Korea. This attention is useful for Phala Network (PHA) as it continues to be developed.

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