Centrifuge (CFG)

R 5.87

3.83% (24H)

• Market Cap
  R 2,993,608,751.99
• Volume
  R 37,089,214.73
• ATH
  R 41.22

Official Links

• Rank 182
• Official Website
• CFG Github
• CFG Reddit
• CFG Twitter

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Date	Price	Volume	MarketCap

Centrifuge Live Price Data in South African Rands | (Centrifuge in ZAR)

Centrifuge current price is R 5.87 with a marketcap of R 2,993,608,751.99. Its price is 3.83% up in last 24 hours. If you would like to know where to buy Centrifuge, the leading cryptocurrencies exchange in South Africa for trading in Cryptocurrencies are VARL, Luno and Binance

Should I buy Centrifuge at R 5.87?

Considering the 3.83% up change over the last 24 hours, you may be wondering whether or not to buy Centrifuge. If you want to buy Centrifuge, it is important to first check the Fear and Greed Index below. If the index is on red that’s signaling a buying opportunity. When its on green that is signal to take profit or stay away.

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 orCompany, 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.

Fear and Greed Index

The crypto market behavior is emotional. People tend to get greedy when the market is rising which results in FOMO (Fear of missing out). Also, people often sell their coins in irrational reaction of seeing red numbers. The Fear and Greed Index, tries to save you from your own emotional overreactions. Using two simple assumptions:

1. Extreme fear can be a sign that investors are too worried. That could be a buying opportunity.
2. When Investors are getting too greedy, that means the market is due for a correction.

Therefore, alternative.me analyzes the current sentiment of the Bitcoin market and crunch the numbers into a simple meter from 0 to 100. Zero means “Extreme Fear”, while 100 means “Extreme Greed”. See below for further information on our data sources.