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 May 1 2025 Centrifuge has a marketcap of $77,602,527.00.
This is {{percentagefromath}} from its all time high of $2.19.
In terms of its tokenomics, there's a total supply of 563,944,100 with 91.92% currently outstanding.
Keep in mind Centrifuge has a fully diluted value of $84,425,355.00 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.
Summarized in part by ChatGPT 4 and Claude
