Ripple CTO Joins Meme Coin Effect, Fuels 40% Price Rally for PHNIX

PHNIX, a token built on the XRP Ledger and the associated NFT, surged by almost 40% after Ripple (Twitter) profile picture to a PHNIX NFT. The move mirrors token reactions after the purported DOGE father flips his profit picture to a particular meme coin. Ripple CTO Sparks PHNIX Frenzy With Profile Picture Shift, Token Soars 40% The move sent traders into a frenzy, reviving comparisons with Elon Musk’s history of sparking meme coin rallies through subtle social media tweaks. “The Phoenix rises higher today source: https://beincrypto.com/ripple-cto-joins-meme-coin-effect-fuels-40-price-rally-for-phnix/