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CFG
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ETH
1h | 24h | 7d | 30d | 60d | 90d |
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-0.29% | -2.92% | -11.19% | -10.18% | -10.78% | -8.69% |
1h | 24h | 7d | 30d | 60d | 90d |
---|---|---|---|---|---|
-0.29% | -2.92% | -11.19% | -10.18% | -10.78% | -8.69% |
1
CFG
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ETH
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Price has decreased by -61.09% in the last 1 year.
Centrifuge is currently trading -41.00% below the 200-Day SMA which is $0.45.
The 14-Day Relative Strength Index (RSI) is at 52.67 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
The number of green days in the last 30 days is 12 which is 40%.
The circulating supply has yet to be published.
Has high liquidity with 0.00781 volume to market cap ratio. The current market cap is 51.95K while the 24-hour volume is 405.68
Year | Q1 | Q2 | Q3 | Q4 | Total |
---|---|---|---|---|---|
2021 | - | -68.68% | -55.20% | -49.68% | -92.94% |
2022 | -42.09% | -57.48% | 35.08% | -48.60% | -82.91% |
2023 | 85.39% | -6.91% | 18.03% | 123.23% | 354.72% |
2024 | 52.70% | -51.25% | -31.05% | ||
Average | 32.00% | -38.55% | -11.05% | 8.32% | 59.62% |
Centrifuge is a system for autonomous asset funding. It links decentralized finance (DeFi) to real-world assets (RWA). The goal is to lower the cost of capital for small and medium-sized businesses (SMEs) and give owners a steady stream of income. The project aims to make money without investing in risky crypto assets. The developers are working on a way to move real money from fiat to cryptocurrencies.
Businesses use Centrifuge to get the liquidity of DeFi. They can turn real assets into tokens and use them as collateral to get loans through Tinlake, a banking system for decentralized applications (DApps). Polkadot (DOT) is used to build the Centrifuge blockchain so that it is fast and has low fees. Tinlake, the financial DApp that runs on Zend, is used to access Ethereum (ETH) funding.
Everyone can get cash from Centrifuge, and buyers get paid and rewarded with CFG tokens. Bills, real estate, and royalties are linked to decentralized finance (DeFi) by centrifuge. Borrowers also gain because they don't have to go through banks or other middlemen to finance their real estate.
Lucas Vogelsang and Martin Quensel launched Centrifuge in 2017. CEO Lucas Vogelsang is a founding engineer. He is also a technical manager at Taulia in Silicon Valley.
Centrifuge tokenizes real-world assets into NFTs. After that, Tinlake funds them. The Centrifuge chain's first DApp is Tinlake. It was developed to access Ethereum liquidity, whereas CFG has its own bridge.
It supports different DeFi protocols. This feature gives Centrifuge users liquidity without slowdowns and protects DeFi protocols from disruptive events by introducing uncorrelated collateral. Thus, smart contracts replace predatory lending and decrease cumulative hazards.
Centrifuge has the greatest Polkadot TVL as of June 2021. This project claims to be among the first to deploy a Polkadot parachain. Centrifuge chain designers focus on speed and minimal costs.
Users pay transaction fees with CFG tokens, and Polkadot transaction collectors get a share of the fee to store and process the data. These steps, along with the NPoS (Nominated Proof-of-Stake) system and the CFG awards, encourage users to be fair and choose data collectors that can't be censored.
In general, the Polkadot transport chain is what keeps everything safe. The security features built into Polkadot give Centrifuge a high level of safety at a low cost.
The current price of the Centrifuge(CFG) is 0.0001028264 ETH, with a current market cap 51,949.94 ETH.
CFG is a ticker symbol of the Centrifuge.
At the movement,505.22M Centrifuge tokens are already in the market out of 556.21M CFG.
There are many options for buying crypto, and Centrifuge can be purchased from many crypto exchanges at any time.Just visit DigitalCoinPrice to get the world's best crypto exchanges list and buy Centrifuge. It's a quick, easy, and secure way to buy Centrifuge(CFG).
No, It is not a stablecoin.
Centrifuge had an all-time low of 0.0000483763 ETH.
Centrifuge had an all-time high of 0.0008893227 ETH.
The current Centrifuge to ETH price is 0.0001028264 ETH. In the last 24 hours, CFG to ETH price has gone up by -2.92%. The cryptocurrency market is volatile and never predicts its price movement, and it requires expertise and knowledge, and it is such a problematic take. Let's look at what our experts and market analysts discuss regarding future Centrifuge price prediction.
Using a crypto portfolio tracker has become more convenient than it was in the past. This tool enables you to keep track of your crypto assets. As an example, you have acquired Centrifuge at different prices, which makes it difficult to identify the individual purchasing prices. A portfolio tracker lets you identify profit and loss. Also organise it.
By exchanging CFG against fiat currencies (such as the U.S. dollar or Japanese yen) or using them as payment for goods and services, Centrifuge can be earned or received in various ways. CFG considers as the most popular cryptocurrency, and on the other side, USD is the most demanding fiat currency globally. Today, almost every fiat currency has been paired with the CFG, including CFG to PHP, CFG to INR, CFG to NGN, CFG to THB, CFG to CAD, CFG to PKR, CFG to IDR , CFG to EUR , CFG to AUD , CFG to BDT and many more in the queue. The given all are fiat currency and the most widespread pairs in the market.
Would you like to know how many cryptocurrencies 1 CFG is equivalent to other cryptocurrencies or vice versa? With Digitalcoinprice's Cryptocurrency Converter Calculator, you can easily convert cryptocurrency pairs. You can convert and check any crypto pairs like CFG to PNUT, CFG to SXCH, CFG to SAI, CFG to ELON, CFG to BTC, CFG to XRP, CFG to ACT, CFG to SOL .
CFG to ETH price today is 0.0001028264 ETH, which is Down by -2.92% over the last 24 hours. There has been an hourly Dip by -0.29%. Centrifuge's market cap currently sits at 51,949.94 ETH ETH, holding up for a market cap rank at #311. The volume were at 405.68 ETH ETH Centrifuge ranks no 311 in the market capitalization of Centrifuge is at 51,949.94 ETH and its volume for 24 hours is 405.68 ETH. Centrifuge are under circulation, with total supply of 556.21M and the Maximum supply of 0.
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CFG to ETH | 0.0001028264 ETH |
Percentage Change ( 24h ) | ▼2.92% 0.0000063131 ETH |
24h High / Low | 0.0001062784 ETH / 0.0000999653 ETH |
Trading Volume 24h | 405.68 ETH |
Volume / Market Cap | 0.00781 |
Market Dominance | 0.01% |
Market Rank | 311 |
Market Cap | 51,949.94 ETH |
Fully Diluted Market Cap | 57,193.50 ETH |
All Time High | 0.0008893227 ETH ▼100% |
All Time Low | 0.0000483763 ETH ▼99.93% |
Circulating Supply | 505,219,626 CFG |
Total Supply | 556,213,897 CFG |
Max Supply | - |