Centrifuge price spikes after listing on Upbit
#Markets Altcoins
Centrifuge price increased by over 180% to reach $0.25 after CFG trading went live on Upbit. The price now hovers near $0.16 as profit-taking occurs. I note that intraday gains are at risk.
Centrifuge price increased by more than 180% to reach highs of $0.25. This sharp rise followed the news that CFG trading went live on Upbit. Profit-taking now threatens to erase the intraday gains as the price hovers near $0.16. Centrifuge (CFG) has surged in the past 24 hours, posting gains of over 180% amid excitement about its listing. The rally aligns with broader market gains. Bitcoin climbed about 7% to near $70,000 before settling around $68,000. Several top altcoins also posted positive moves. Ethereum rose above $2,000 despite continued selling by co-founder Vitalik Buterin. We should monitor if the current price level holds.
