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Phala Network is a protocol for preserving data for privacy purposes, as well as data protection and blockchain smart contracts. Amongst many uses of PHA, the native utility token of the platform, are buying trusted computing resources, governance of the community, staking, and paying transaction fees.

## {{name}} Price Analysis

As of {{month}} {{day}} {{year}} {{name}} has a marketcap of {{marketcap}}. 
This is {{percentagefromath}} from its all time high of {{ath}}. 
In terms of its tokenomics, there's a total supply of {{totalsupply}} with {{percentagecirculatingsupply}} currently outstanding. 
Keep in mind {{name}} has a fully diluted value of {{fdv}} which many investors might interpret as overvalued. 
Be wary as insiders are still up from its launch price of {{launchprice}}. 
Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Phala

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