Phemex Launches Social Trading Feature PhemexPulse, Boosting Community Engagement and Rewards

Phemex, a leading crypto trading exchange, has introduced a social trading feature called PhemexPulse within its Web3 ecosystem. This feature aims to transform community engagement into tangible rewards and deepen the bond among traders and enthusiasts. The platform has gained attention after crypto influencer Ben Armstrong listed his inscriptions, leading to multifold growth for his group members who hold the exclusive ordinals. The inception of cryptocurrencies was about shifting financial power back to individuals, offering autonomy and control. Communities play a crucial role in the wider adoption and integration of cryptocurrencies, acting as catalysts and active participants in governance and innovation. PhemexPulse is designed to foster decentralized, community-driven innovation by allowing traders and cryptocurrency enthusiasts to connect, share insights, and earn rewards. The social trading feature includes a scoring system that translates social media engagement into rewards, and an inscription marketplace for trading and collecting digital assets tied to notable figures in the crypto world. Ben Armstrong's ordinals experienced a 7296% surge in value, highlighting the platform's potential for community engagement and reward.