Centrifuge price rises sharply as CFG trading starts on Upbit
#Markets Altcoins
Centrifuge price increased by more than 180% to reach $0.25. The rise followed news of CFG trading going live on Upbit. Profit-taking may erase gains as the price stays near $0.16. We observed a large move in the last 24 hours.
Centrifuge price moved up by more than 180% to a high of $0.25. This happened after news that CFG trading went live on Upbit. We see profit-taking now. It might erase the intraday gains as the price sits near $0.16. Centrifuge (CFG) surged in the past 24 hours. It gained over 180% because of the listing on Upbit, a large exchange in South Korea. This rally fits with broader market moves. Bitcoin climbed about 7% to near $70,000 before dropping to around $68k now. Several altcoins also moved higher. Ethereum went above $2,000 even though Vitalik Buterin continues to sell.
