• Phemex, a leading crypto trading exchange, has recently introduced a social trading feature within its Web3 ecosystem called PhemexPulse.
  • PhemexPulse has already made crazes in the crypto sphere, particularly after crypto influencer Ben Armstrong lists his inscriptions.
  • Phemex’s launch of PhemexPulse reflects a broader trend in the cryptocurrency industry to create more connected and community-driven platforms.

OUR TAKE:
Phemex’s introduction of PhemexPulse represents a significant step towards community-driven innovation in the crypto sphere. By integrating social trading and digital collectibles, Phemex is fostering engagement and rewarding participation, shaping a dynamic ecosystem for traders and enthusiasts alike.
— Iris Deng, BTW reporter

Influencer Ben Armstrong shakes up the crypto world by delivering promised multifold growth on the new social trading platform PhemePulse.

PhemexPulse plays a role in ensuring the dynamism and inclusive of broader crypto ecosystems

In the realm of decentralized projects, communities aren’t just audiences but active participants. They engage in governance, wielding collective power to steer projects via the democratic process.

Recognizing the significance of communities, Phemex, a crypto trading platform, launched PhemexPulse, a social trading feature designed to foster decentralized, community-driven innovation by integrating with the Phemex Web3 ecosystem.

PhemexPulse aims to create a platform for traders and cryptocurrency enthusiasts to share insights and leverage their digital presence for potential earnings.

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The new scoring system of PhemexPulse engages the influencer to shake up the crypto world

A key feature of PhemexPulse is its scoring system, which turns social media engagement into tangible rewards. PhemexPulse also boasts an Inscription Marketplace, which allows users to trade and collect exclusive digital assets such as inscriptions and serial numbers associated with prominent figures in the crypto world. The marketplace serves as a venue for economic activity as well as fostering a sense of community amongst followers and their favourite Key Opinion Leaders (KOLs).

A leading KOL Ben Armstrong selected the PhemexPulse Inscription Marketplace for his unique ordinals, triggering the enthusiasm of the followers to purchase and retain these attracting items. Out of the scarcity and the active engagement, these badges, initially priced at 1 Phemex Token (PT), surged in value by 7,296% within hours of launch. They maintained this growth trajectory, hitting an all-time high (ATH) of 115 PT on 20 March, up 56% from their initial ATH and 11,400% overall.

“The remarkable performance of Ben Armstrong’s inscriptions, which have been significantly appreciated by their holders, underscores the powerful combination of influence and engagement within the crypto ecosystem — principles at the heart of PhemexPulse. The surge of activity we witnessed in just over a week post-launch affirms our direction in fostering dynamic communities that are committed, interactive, and rewarded. This is just the beginning, and PhemexPulse will continue to be a driving force in the space.” underlined by Stella Chan, chief operating officer of Phemex.