Centrifuge price explodes when CFG trading goes live on Appbit.
Centrifuge prices exploded over 180% to $0.25. The spike was followed by CFG trading going live on Upbit. Taking profits when the price is close to $0.16 threatens to wipe out all of the day's gains.
Centrifuge (CFG) has surged dramatically in the past 24 hours, posting gains of over 180% on South Korea's largest crypto exchange, Upbit.
Notably, the rally coincided with broader market gains, as Bitcoin climbed 7% to $70,000 before settling around $68k.
Several top altcoins posted positive moves, including Ethereum surging above $2,000 despite co-founder Vitalik Buterin's sell-off.
Data on the chain shows that whale stocks are increasing and prices may rise above the $2k level.
CFG has risen amid this potential market upheaval, with Upbit listing the main booster.
However, the overall crypto market sentiment is cautious, and profit taking could see a sharp reversal for many altcoins.
Centrifuge price rockets on Upbit listing news
Upbit, the South Korean leader, has announced that CFG trading will go live on February 26, 2026 at 2pm KST.
The exchange added spot pairs on KRW, BTC and USDT, and stated that deposits and withdrawals will be available shortly after the announcement.
Appbit boasts a large user base and liquidity, and these factors have historically seen listed tokens perform strongly.
The value of CFG has increased exponentially in terms of visibility and adoption.
The token's price jumped from $0.08 to over $0.25, with trading volume rising over 4,000% to $79 million.
Among the top 10 athletes trending assets like Polkadot, Closer and Uniswap, Centrifuge's vertical jump stood out.
CFG's market cap has surpassed $120 million.
Centrifuge price prediction
Centrifuge is a crypto project focused on simulating real-world assets (RWAs).
The CFG token provides governance on the platform, allowing holders to participate in protocol decisions.
Despite the market potential, the price has largely followed the bearish trend in crypto.
A short-term rally coupled with upbeat liquidity helped bulls finally revisit the prices seen in October 2025.
If Korean earnings continue, buyers could test higher resistance around $0.30 and move towards $0.40.
However, broader dividend deals have seen CFG pull back, currently trading at around $0.16.
MACD suggests bearish sentiment, but extended RSI signals indicate overbought concerns.
If prices fall below the 50-day and 100-day simple moving average lines, the nose could rise to $0.10 or lower.
