According to blockchain data site DEX Screener and Etherscan, wallets connected to the Ethereum network's genesis block appear to have launched the meme coin PHIL. The token reached a market cap of more than $125 million at one point after being launched around 8:15 a.m. ET. According to DEX Screener, PHIL is currently the most traded asset on Uniswap, with an 86,000% increase in trading volume since its launch. PHIL tokens are currently trading on the decentralized exchange Uniswap V2, changing hands at around $0.08. The maximum total supply of PHIL tokens is 1,000,000,000, and there are currently just over 1,000 independent holders. Its top 10 holders each bought 10 million tokens, and an address that bought 6.50 million PHIL made a profit of $172,000 by selling about half of its position, with unrealized gains exceeding $300,000.