CFG to PHP Price Today
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CFG to PHP
CFG1
CFG
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| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.76% | -3.91% | -8.71% | -10.72% | -10.18% | -8.73% |
Compare Centrifuge with other crypto
| 1h | 24h | 7d | 30d | 60d | 90d |
|---|---|---|---|---|---|
| 0.76% | -3.91% | -8.71% | -10.72% | -10.18% | -8.73% |
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CFG to PHP
CFG1
CFG
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PHP
Centrifuge Risk Analysis
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Has the price increased over the past year?
Price has decreased by -61.08% in the last 1 year.
Is it trading above the 200-day simple moving average(SMA)?
Centrifuge is currently trading -40.98% below the 200-Day SMA which is $0.45.
Is Centrifuge currently overbought zone by (RSI)?
The 14-Day Relative Strength Index (RSI) is at 52.67 which indicates that the cryptocurrency is currently NEUTRAL and may trade sideways.
Have the last 30 trading days been positive?
The number of green days in the last 30 days is 12 which is 40%.
Is the total supply of Centrifuge higher than the circulating supply?
The circulating supply has yet to be published.
The liquidity based on market capitalization to volume ratio should be sufficient.
Has high liquidity with 0.00815 volume to market cap ratio. The current market cap is ₱8.46B while the 24-hour volume is ₱68.89M
Centrifuge (CFG) Markets
Centrifuge Quarterly Returns
| 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% |
Introduction to Centrifuge
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.
Who Are the Founders of Centrifuge?
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.
What Makes Centrifuge (CFG) Unique?
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.
How is the Centrifuge Network Secured?
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.
How Much is a One Centrifuge Worth Now?
The current price of the Centrifuge(CFG) is ₱16.74, with a current market cap ₱8,456,006,681.91.
What is the Centrifuge Stock Symbol or Ticker?
CFG is a ticker symbol of the Centrifuge.
How Many CFG Coins Are There in Circulation?
At the movement,505.23M Centrifuge tokens are already in the market out of 556.21M CFG.
How Can I Invest in Centrifuge?
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).
Is Centrifuge a Stablecoin?
No, It is not a stablecoin.
What Was the Lowest Price for Centrifuge?
Centrifuge had an all-time low of ₱7.87.
What Was the Highest Price for Centrifuge?
Centrifuge had an all-time high of ₱144.73.
Centrifuge Price Prediction
The current Centrifuge to PHP price is ₱16.74. In the last 24 hours, CFG to PHP price has gone up by -3.91%. 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.
Portfolio Tracker
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.
Coin Converter
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 PHP price today is ₱16.74, which is Down by -3.91% over the last 24 hours. There has been an hourly Rise by 0.76%. Centrifuge's market cap currently sits at ₱8,456,006,681.91 PHP, holding up for a market cap rank at #311. The volume were at ₱68,891,259.51 PHP Centrifuge ranks no 311 in the market capitalization of Centrifuge is at ₱8,456,006,681.91 and its volume for 24 hours is ₱68,891,259.51. Centrifuge are under circulation, with total supply of 556.21M and the Maximum supply of 0.
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CFG to PHP Price Statistics
Live Centrifuge Price in PHP
| CFG to PHP | ₱16.74 |
| Percentage Change ( 24h ) | ▼3.91% ₱1.18 |
| 24h High / Low | ₱17.45 / ₱16.27 |
| Trading Volume 24h | ₱68,891,259.51 |
| Volume / Market Cap | 0.00815 |
| Market Dominance | 0.01% |
| Market Rank | 311 |
| Market Cap | ₱8,456,006,681.91 |
| Fully Diluted Market Cap | ₱9,309,240,376.63 |
| All Time High | ₱144.73 ▲548.33% |
| All Time Low | ₱7.87 ▲11818.45% |
| Circulating Supply | 505,234,395 CFG |
| Total Supply | 556,213,897 CFG |
| Max Supply | - |