#PHP 34万 market cap — reasons to be bullish
1. An interesting narrative and a security angle. Before crypto had websites, the internet already had PHP. The forums we grew up on. The blogs we read. PHP made the web programmable and gave a generation the tools to build on it for free.
Decades later, its developers are still maintaining that foundation. On October 20, PHP’s own security team issued an official warning about two critical vulnerabilities and announced that security updates would be released soon.
2. The trend is clear. The new token launched and kept climbing, reaching a little over 340,000. The holder distribution is reasonable, with the top 100 holding 54.2%. There are a few major holders.
3. A united community, with over 2,000 holders and more than 1,500 community members, all from overseas. Promotion is mainly through images and text. The creator of the PHP meme gave the creator fees to the original PHP creator and received recognition.
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