In the world of #cryptocurrencies , few coins generate as much intrigue as $XRP . While Bitcoin remains the undisputed leader of decentralized digital currencies, #XRP , with its unique use case and backing by financial institutions, has long been seen as a potential catalyst for a revolutionary change in the global financial system. And, as some observers have noted, an eerie connection exists between XRP’s mission and a famous 1988 Economist magazine prediction that hinted at a world currency emerging by 2018. Could XRP be the realization of that prophecy?
As we explore the links between XRP and the 1988 prediction, it’s crucial to understand how history, technological innovation, and current financial trends all point toward a bullish future for XRP. This isn’t just about price speculation — this is about the possibility of XRP becoming a cornerstone of the future global financial system. Let's delve deeper.
The 1988 Economist Prediction: A Global Currency by 2018
In 1988, The #Economist magazine published a cover that has since become legendary in financial and crypto circles. The cover featured a phoenix rising from a pile of burning fiat currencies, wearing a gold medallion with the date 2018. The bold headline read: "Get Ready for a World Currency."
At the time, the idea of a single global currency seemed far-fetched. The world was dominated by fiat currencies like the US dollar, British pound, and Japanese yen. Global trade was conducted using these currencies, and there seemed to be little need for a unified currency. However, the article inside The Economist painted a future where traditional currencies would become obsolete, replaced by a new international digital money system that would operate outside the control of any single nation or central bank.
The key argument was that the inefficiencies of national currencies — including inflation, devaluation, and currency wars — would lead to the rise of a single global currency that would simplify trade and stabilize global markets. The date 2018 was suggested as the point at which this new monetary system could emerge, sparking decades of speculation about which form this world currency might take.
XRP: The Bridge to a Global Financial System
Fast forward to the present day, and XRP, created by Ripple Labs, has emerged as a unique cryptocurrency with the potential to become that world currency. Unlike Bitcoin, which aims to be a decentralized store of value, XRP was designed to facilitate fast and cheap cross-border payments. It serves as a bridge currency, enabling the conversion of different fiat currencies in real-time and solving the liquidity problems that have plagued international banking for decades.
Ripple's goal with XRP has always been ambitious: to replace outdated payment systems like SWIFT, which are slow, expensive, and prone to error. By providing a near-instant, cost-effective alternative for transferring money across borders, XRP is being positioned as the foundation for a new financial infrastructure.
Institutional Adoption: Ripple has formed partnerships with over 300 financial institutions, including major banks like Santander and American Express. This gives XRP a real-world use case that very few cryptocurrencies can boast. With institutional adoption increasing, XRP’s role as a bridge currency becomes more critical for the future of global finance.RippleNet and ODL: Ripple’s On-Demand Liquidity (ODL) service allows institutions to leverage XRP for instant liquidity when sending cross-border payments. Instead of pre-funding accounts in multiple currencies, ODL uses XRP as the bridge between different fiat currencies, ensuring that payments can be made swiftly and cost-effectively. This further enhances XRP’s potential as a global financial tool.
Could XRP Fulfill the Economist's 1988 Prophecy?
The similarities between XRP’s mission and the 1988 Economist prediction are striking. The magazine predicted the rise of a "world currency" that would emerge in the wake of fiat currency failures, and XRP’s ability to act as a bridge currency fits this vision. More importantly, XRP’s growing role in global finance makes it a leading contender for fulfilling that prophecy.
The Phoenix Symbolism: The phoenix on The Economist cover symbolized the rebirth of a new global financial system from the ashes of the old. In many ways, this is what Ripple and XRP are doing — building a new, more efficient system on top of the outdated and fragmented fiat currency system. As the traditional financial infrastructure struggles to keep up with the demands of a globalized world, XRP offers a modern solution.The Year 2018: While the exact date of 2018 might have passed without a global currency takeover, it was the year that saw Ripple's partnerships explode and XRP becoming the third-largest cryptocurrency by market capitalization. Moreover, the groundwork laid by XRP in those years is what sets the stage for its future role in transforming global payments.
Historical Parallels: Trust in Revolutionary Technologies
If we look to history, there are several examples of revolutionary technologies that were initially met with skepticism, only to eventually reshape the world:
The Internet (1990s): When the internet first emerged, few could have predicted the seismic shift it would cause in communication, commerce, and global trade. Early adopters who saw its potential were richly rewarded, while those who doubted its impact were left behind. XRP’s technology could be the financial equivalent of the internet, enabling fast and frictionless payments that could underpin the next generation of global commerce.Gold Standard (19th-20th Century): Much like how the gold standard brought stability and trust to global trade, XRP could provide the liquidity and efficiency needed for modern-day global finance. Gold was trusted because it was scarce and universally accepted. Similarly, XRP’s finite supply and its ability to act as a bridge currency position it as a global asset in the emerging digital economy.
The Bullish Case for XRP's Future
With history as a guide and the potential alignment with the 1988 prediction, here are several reasons to be bullish on XRP:
Institutional Momentum: XRP’s institutional backing is growing rapidly. As more banks and payment providers adopt Ripple’s technology, the demand for XRP as a liquidity solution will increase. Unlike many cryptocurrencies that rely solely on retail speculation, XRP has a real use case with institutional partners.Regulatory Clarity: As governments around the world work to create regulatory frameworks for cryptocurrencies, XRP is well-positioned to thrive. Ripple has been working closely with regulators to ensure that XRP can operate within compliant financial systems, giving it an edge over more decentralized projects that might face legal challenges.Global Payment Infrastructure: The current global payment infrastructure is outdated, slow, and expensive. With Ripple and XRP offering a superior alternative, the potential for widespread adoption is significant. If XRP can capture even a small percentage of the $130 trillion global payments market, its value could skyrocket.Speculative Interest: As the narrative around XRP’s connection to the 1988 Economist prophecy gains traction, speculative interest is likely to increase. Whether or not the prophecy was truly about XRP, the fact remains that XRP fits the description of a world currency better than any other asset in the cryptocurrency space.
Conclusion: The #Phoenix is Rising
As we look to the future, XRP’s potential to become a key player in the global financial system is undeniable. The eerie connection to The Economist’s 1988 prediction only adds to the intrigue and speculation around its future. With a robust use case, growing institutional adoption, and a clear vision for transforming global payments, XRP is well-positioned to become a cornerstone of the next-generation financial ecosystem.
The phoenix from 1988 may well have been a symbol of XRP’s rise — from the ashes of an outdated financial system to a new world currency that transcends borders, eliminates inefficiencies, and ushers in a new era of global commerce.
For those paying attention, the signs are clear: the future of finance could be built on the back of XRP, and the time to be bullish is now.

Over the past day, Phoenix (PHB) has seen its token price spike over 27% to reach $1.74. The Layer 1/Layer 2 blockchain project focuses on artificial intelligence (AI) and privacy-enabled Web3 applications.
Fundamental growth in adoption of Phoenix’s AI offerings coinciding with a technical breakout helps explain its latest upside momentum.
The token went from a 24 hour low of $1.36 to a high of $1.93 before falling to its current price. The token is also one of the top gainers on Binance. The current market cap of the token stands at $82 million.
SkyNet AI Usage Expanding Steadily
According to a recent tweet from the Phoenix team, total usage of its SkyNet AI ecosystem continues to rise day-over-day. The GenAI image and text processing models facilitated over 700 prediction requests on February 17th alone.
Cumulatively, the variety of AI models offered has amassed over 10,000 calls from users. This gradual traction showcases real-world utility derived from Phoenix’s machine learning capabilities.
The timing aligns with surging interest in AI applications in the crypto space more broadly. As one of the only specialized blockchains centered on privacy-preserving AI, Phoenix is uniquely positioned to capitalize on this trend.

Technical Analysis Highlights Upside Breakout Underway
On the coin’s technical price charts, crypto analyst Team Lambo identifies a definitive breakout above key long-term resistance levels. With PHB clearing this overhead zone, they eye further upside targets at $3 and $4.
Veteran trader Javon Marks echoes a similarly bullish perspective. Noting PHB approaching its initial $2.39 breakout target, he expects another +30% rally toward this mark. And upon decisively breaching the $2.39 hurdle, Marks’ analysis suggests another +80% move to $4.40 comes into play.

In addition, analyst Fren0x highlights a bullish “cup and handle” pattern that appears primed to trigger a major upside extension. Compared to other AI-focused tokens that already saw parabolic uptrends, Phoenix has tangible room to play catchup in his eyes.
With both strong on-chain usage data and bullish technical analysis aligning for Phoenix, traders have justification to stay constructive on further PHB upside. Still, sustaining developer activity and real-world adoption remain imperative for Phoenix to carve out a long-term niche in AI-driven Web3 infrastructure.
The coming days may determine whether the current breakout has true legs. In particular, PHB maintaining above the oft-cited resistance turn support at $1.80 would signify durability. But if prices fizzle out quickly, questions around broader crypto market direction may override Phoenix’s recent positives for the time being.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader.
#Phoenix #phb

🌐 What is Phoenix Global (PHB)?

FOLLOW @HOLD-IT

Phoenix Global (PHB) is a prominent Binance Smart Chain (BSC) network that hosts cutting-edge consumer-focused decentralized applications (DApps). This protocol aims to revolutionize businesses by leveraging blockchain technology to develop DApps that enhance customer experiences. Here, we delve into the key features, use cases, and tokenomics of Phoenix Global.
🔑 Key Features of Phoenix Global (PHB)
Decentralized AI Federated Learning: Integrates with mainstream AI frameworks, enabling decentralized AI training.Multi-party Computation: Allows analysis, computation, and sharing of value without compromising data privacy.Smart IoT: Implements decentralized edge-computing mechanisms on IoT and smart devices.On-chain Analytics: Offers blockchain-native Web 3 apps with on-chain data computation and analytics capabilities.Phoenix Layer 2: Designed to bring intelligent, data-driven, and AI-enabled applications to the blockchain. Acts as a computation layer for privacy-preserving data processing and bridges on-chain protocols with off-chain data and AI models.
🚀 Use Cases of Phoenix Global (PHB)
Retail: Develops new Web-3 based customer engagement and CRM models.Financial Services: Strengthens customer AI-scoring models while ensuring data privacy.Consumer IoT: Enhances decentralization and interactivity of existing consumer IoT apps.Supply Chain: Increases on-chain computational and analytics resources for existing blockchain apps.Healthtech: Employs smart personal health apps with data-driven personalization and analytics features.Web3 Gaming: Enables AI capabilities, including fast-reacting reinforcement learning models.
💰 Tokenomics and Recent Price Performance of Phoenix Global Token (PHB)
Circulating Supply: 37,136,774 tokensATH Price: $2.38 USDT (September 13, 2022)Lowest Price Since ATH: $0.63 USDT (September 26, 2022)Current Performance: $0.719 USDTMarket Cap: $26,641,354Fully Diluted Market Cap: $26,641,354
Phoenix Global Token (PHB) has showcased significant price
movements, reflecting its dynamic performance within the cryptocurrency market.
Stay tuned for further developments and insights into Phoenix Global's innovative ecosystem! 🚀🔍
#Phoenix
#PhoenixPHB
#PHB
#PHB/USDT

On, August 28, #TerraformLabs announced the reopening of the Shuttle Bridge interface. This platform is crucial for users who hold wrapped versions of $LUNC
(Luna Classic) and $USTC
TerraUSD Classic), facilitating their transfer between the blockchain and other prominent blockchains such as Ethereum, $BNB
Chain (BSC), and Harmony.
The #announcement detailed the operational window for this service, stating: “The new Shuttle Bridge interface to redeem wrapped assets is now open. […] The bridge will remain open from now until 30 days after the effective date of the chapter 11 plan, which is estimated to be on or around 30 October 2024. Opening the bridge gives you the opportunity to redeem your assets and use them as you wish. Please ensure you redeem your assets as soon as possible to avoid any issues.”
This interface not only enables the retrieval of assets from these blockchains to Terra Classic but also marks a limited-time opportunity for users to redeem their wrapped assets before the company progresses further in its bankruptcy resolution. After the bridge closes, all crypto assets still in the contracts will be burned. Thus, this the last opportunity for users before the bridge will be permanently shut down. “Users of the Terra Shuttle bridge on #TerraClassic are recommended to use this opportunity to redeem their Terra Classic assets,” the announced.
Just yesterday, the company made another crucial announcement via X. The company unveiled what it intends to be the final upgrade to the blockchain, known as Proposal 4818. This comes as part of the company’s broader strategy to conclude its direct involvement in active development within the ecosystem due to its ongoing legal and financial restructuring.
The statement elaborated: “As TFL begins winding down its operations, Proposal 4818 will be the final chain upgrade that we implement. Pursuant to TFL’s settlement with the SEC and implementation of its proposed chapter 11 plan, TFL will no longer have the ability to support future chain upgrades.”
The announcement marks a pivotal transition from Terraform Labs-led development to community-driven efforts to sustain and possibly evolve the blockchain infrastructure. “Going forward, we look to community-driven initiatives such as the #Phoenix Directive (@phoenix_dir) to take over maintenance and operational responsibilities for the blockchain,” TFL wrote via X.
#DOGSONBINANCE