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Centrifuge

CFG$0.00
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Price Data

Analysis

Trade

Market Cap

157757279
#279

All-Time High

2.19

All-Time Low

0.144967

Fully Diluted Valuation

174403484

Circulating Supply

499679351 (90.46%)

Total Supply

552404428

ICO Date

Aug 20, 2021

The centrifuge token model powers centrifuge, providing the framework needed to run the platform without reliance on a single point of failure, including the centrifuge team or Company, and to accelerate its utility. To accomplish this, centrifuge leverages the cryptoeconomic primitives of a native token called the centrifuge token (cfg), a nominated-proof-of-stake consensus algorithm that employs centrifuge to stake value, rewards for centrifuge adoption, and an on-chain governance mechanism that empowers centrifuge holders to guide the development of centrifuge.

Centrifuge Price Analysis

As of September 7 2024 Centrifuge has a marketcap of $158M. This is {{percentagefromath}} from its all time high of $2.19. In terms of its tokenomics, there's a total supply of 552M with 90% currently outstanding. Keep in mind Centrifuge has a fully diluted value of $174M which many investors might interpret as overvalued.

Of course, don’t trust price predictions alone, always check the Coinrotator token screener to follow the trending market.

Chat GPT LogoClaude LogoSummarized in part by ChatGPT 4 and Claude