Since it first started trading in 2021, the price of CFG, the native cryptocurrency of the Centrifuge network, decreased by -93.5%.
In this article, we are going to examine Centrifuge price predictions for 2023, 2024, 2025, and 2030 and try to determine whether Centrifuge can reach $ 100.00.
Centrifuge price prediction key takeaways
Centrifuge price prediction 2023
According to our Centrifuge price prediction for 2023, CFG is expected to trade between $ 0.758567 and $ 0.811450, with an average price of $ 0.785574. At the end of the year, CFG is expected to trade at $ 0.770630.
Centrifuge price prediction 2024
Centrifuge is forecasted to reach a high of $ 1.73 next year, with an average CFG price of $ 1.11. On the low end, Centrifuge is expected to bottom out at $ 0.661065 in 2024. By the end of the year, we could see Centrifuge change hands at $ 1.59.
Centrifuge price prediction 2025
In 2025, Centrifuge could see a peak price of $ 5.89 and a low of $ 1.47. The average Centrifuge price prediction for 2025 is $ 3.51. By year’s end, CFG is expected to trade at $ 2.62.
Centrifuge price prediction 2030
On a longer time scale, our Centrifuge price forecast for 2030 projects CFG to reach a maximum price of $ 5.29. Conversely, CFG could trade as low as $ 4.18 during the year, whereas the average Centrifuge price is predicted to move around $ 4.63. By the end of 2030, Centrifuge is predicted to trade at $ 5.28.
Centrifuge (CFG) overview
| Cryptocurrency | Centrifuge |
|---|---|
| Ticker | CFG |
| Market Cap | $ 350.09M |
| 24H Trading Volume | $ 1.04M |
| Circulating Supply | 463.39M |
| Total Supply | 430.01M |
| 7-Day Price Change | 28.85% |
| 1-Month Price Change | 11.79% |
| 1-Year Change | 343.27% |
| Centrifuge ROI | -93.5% |
| All-Time High | $ 18.61 |
| All-Time Low | $ 0.140564 |
With a circulating supply of 463.39M CFG, the Centrifuge cryptocurrency project commands a market cap of $ 350.09M, good for the 146th spot in the crypto market.
In the last 24 hours, $ 1.04M worth of CFG changed hands across 7 crypto exchanges, with KuCoin accounting for the largest share of CFG trading volume.
Centrifuge price history
The price of Centrifuge has been trending in the negative direction in the past 24 hours, decreasing by -4.15% to $ 0.755496. In the past week, Centrifuge’s price gained 28.85%.
In addition, Centrifuge gained 11.79% in the past month, having traded in the green zone in 13 of the last 30 days.
On a longer time horizon, Cardano saw positive price activity in the last 3 months, underscored by the 11.79% move to the top. Meanwhile, the price of CFG increased by 343.27% in the past year. Overall, Centrifuge is trading down -93.5% since it first started trading in 2021.
Centrifuge technical analysis
Based on technical indicators tracked by InvestMage, investor sentiment regarding Centrifuge is currently bullish, with high volatility score of 8.62% (volatility is a measure of an asset’s price fluctuations).
Centrifuge is changing hands below the 200-day simple moving average (SMA), a common bullish signal. Also, the price of CFG is currently below the 50-day SMA, which is widely regarded as a bullish indicator.
The Fear & Greed Index, a popular measure of market sentiment, is 71 (Greed). Meanwhile, RSI (Relative Strength Index), a popular market momentum indicator, is at 63.07, indicating that CFG is changing hands in undervalued zone. Overall, there are 24 technical analysis indicators that indicate bullish market activity, and 5 that forecast bearish activity for Centrifuge.
Centrifuge price predictions 2023-2030
| Year | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| 2023 | $ 0.758567 | $ 0.785574 | $ 0.811450 |
| 2024 | $ 0.661065 | $ 1.11 | $ 1.73 |
| 2025 | $ 1.47 | $ 3.51 | $ 5.89 |
| 2026 | $ 1.63 | $ 2.03 | $ 2.70 |
| 2027 | $ 1.71 | $ 2.58 | $ 4.23 |
| 2028 | $ 3.64 | $ 3.74 | $ 4.11 |
| 2029 | $ 3.92 | $ 5.10 | $ 7.40 |
| 2030 | $ 4.18 | $ 4.63 | $ 5.29 |
According to our long-term Centrifuge prediction, the cryptocurrency is expected to reach a high point of $ 7.40 at some point in June 2029. On the other end of the spectrum, Centrifuge could bottom out at $ 0.661065 in January 2024. Per the prediction, Centrifuge will have the highest average price of $ 5.10 in 2029.
With a brief overview of Centrifuge price predictions for 2023 to 2030 in the rearview mirror, let’s dive deeper into separate yearly price predictions for CFG.
Centrifuge price prediction 2024
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 0.661065 | $ 0.752629 | $ 0.833947 |
| February | $ 0.691471 | $ 0.782610 | $ 0.844841 |
| March | $ 0.746470 | $ 0.817101 | $ 0.871032 |
| April | $ 0.832762 | $ 0.907852 | $ 0.976772 |
| April | $ 0.946129 | $ 1.21 | $ 1.73 |
| May | $ 1.02 | $ 1.26 | $ 1.50 |
| July | $ 1.16 | $ 1.29 | $ 1.43 |
| August | $ 1.01 | $ 1.16 | $ 1.38 |
| August | $ 0.954973 | $ 1.14 | $ 1.27 |
| October | $ 1.08 | $ 1.24 | $ 1.42 |
| November | $ 1.14 | $ 1.30 | $ 1.44 |
| December | $ 1.14 | $ 1.39 | $ 1.62 |
In 2024, Centrifuge is forecasted to trade in a price channel between $ 0.661065 and $ 1.73. On average, CFG is expected to change hands at $ 1.11 during the year. The most bullish month per CFG could be May, when the currency could trade 129.31% higher than today.
Centrifuge price prediction 2025
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| December | $ 1.47 | $ 2.38 | $ 4.14 |
| February | $ 3.45 | $ 4.82 | $ 5.89 |
| March | $ 3.59 | $ 4.39 | $ 5.10 |
| April | $ 3.66 | $ 4.39 | $ 4.77 |
| May | $ 3.06 | $ 3.55 | $ 3.83 |
| June | $ 2.72 | $ 3.17 | $ 3.66 |
| July | $ 2.60 | $ 2.84 | $ 3.08 |
| August | $ 2.75 | $ 3.13 | $ 3.75 |
| September | $ 3.37 | $ 3.56 | $ 3.76 |
| October | $ 3.42 | $ 3.59 | $ 3.72 |
| November | $ 2.90 | $ 3.25 | $ 3.46 |
| December | $ 2.62 | $ 2.94 | $ 3.10 |
Generally speaking, Centrifuge price prediction for 2025 is bullish. The CFG cryptocurrency is forecasted to hit a high point of $ 5.89 in February and reach a low of $ 1.47 in December. Overall, Centrifuge is expected to trade at an average price of $ 3.51 in 2025.
Centrifuge price prediction 2030
| Month | Minimum Price | Average Price | Maximum Price |
|---|---|---|---|
| January | $ 4.73 | $ 4.82 | $ 4.88 |
| January | $ 4.78 | $ 4.99 | $ 5.18 |
| March | $ 4.77 | $ 4.86 | $ 5.00 |
| April | $ 4.80 | $ 4.84 | $ 4.88 |
| May | $ 4.79 | $ 4.82 | $ 4.85 |
| June | $ 4.22 | $ 4.49 | $ 4.82 |
| July | $ 4.18 | $ 4.27 | $ 4.35 |
| August | $ 4.22 | $ 4.26 | $ 4.34 |
| September | $ 4.21 | $ 4.28 | $ 4.33 |
| October | $ 4.30 | $ 4.35 | $ 4.53 |
| November | $ 4.53 | $ 4.59 | $ 4.65 |
| December | $ 4.68 | $ 5.00 | $ 5.29 |
In the long term, Centrifuge could reach a price of $ 5.29 in December. That’s a rather optimistic scenario, as CFG could trade as low as $ 4.18 in July. Overall, CFG’s price is projected to hover at around $ 4.63 in 2030, about 512.44% above the current price of $ 0.755496.
Centrifuge price prediction FAQs
According to InvestMage’s prediction, Centrifuge could gain as much as 879.15% by 2029, making it a potentially good investment. Keep in mind that the prediction is not set in stone and we could easily see Centrifuge either surpass or not reach the price targets outlined in this article.
Centrifuge would need to gain 13,236.33% to reach $ 100.00.
In 2023, Centrifuge is predicted to trade in a price range between $ 0.811450 and $ 0.758567, with the average price being $ 0.785574. The average price is about 3.98% higher than Centrifuge’s current price.
Centrifuge is projected to trade in a price range between $ 1.73 and $ 0.661065, with the average price of $ 1.11 throughout the year. The price of Centrifuge is expected to increase by 46.41% in 2024 (compared to Centrifuge’s current price).
Centrifuge is forecasted to change hands in a price channel bound by $ 5.89 on the high end and $ 1.47 on the low end. Centrifuge is expected to have an average price of $ 1.11 in 2025, which is about 363.98% higher than Centrifuge’s current price of $ 0.755496.
The Centrifuge price algorithm predicts that CFG will move between $ 5.29 and $ 4.18 in 2030, with the average price being $ 4.63, about 512.44% higher compared to CFG’s current price.
According to the InvestMage predictions, Centrifuge is expected to go up in value by 46.41% by next year. In 2024, the CFG cryptocurrency could trade up 363.98% compared to today. By 2030, Centrifuge’s price is expected to increase by 512.44%, and reach $ 4.63.
The price of Centrifuge is algorithmically predicted using historical market price data for CFG and a combination of technical indicators, including RSI, Stoch RSI, SMA50, SMA200, EMA, and several others.
About the Author: Dave N. Clarke
