Will PHB Reach $100?

Phoenix Price Prediction: Will PHB Reach $100?

To reach $100, PHB will need to rise 62x. At $100, the target market cap will be approximately $4.93 billion. If PHB were to rise at the pace of 25%, it will take approximately 19 years to reach $100.

• Quality of Investment– Moderate
• Time and Growth required to reach $100– Not Feasible
• Market Cap at $100– Feasible

So, given the factors mentioned, it is highly unlikely for an asset to rise 25% annually for 18 odd years.

Is it possible for PHB can grow 49 times?

PHB must grow by 49 times to reach a price level of $100. Also, it reached its all-time high price of $2 in September 2022, growing by almost 13 times in four months (i.e., from the lowest price of $0.15 in May 2022). Thus, considering its 3.25 times growth in one month, we can say that the PHB token will require nearly 16 months to reach $100.

However, it might take longer depending on the market conditions and other economic factors.

Also Read: Love Hate Inu Price Prediction

~Charu Taneja

Note: Please consult a registered investment advisor to guide you on your financial decisions.