Centrifuge jumps ~180% in hours on Upbit itemizing, then eases as merchants take income and blended technicals flash warning.
Abstract
- CFG spiked about 180% intraday earlier than retreating from highs as profit-taking hit the market.
- Value reclaimed ranges final seen in Oct 2025 and now trades above its 50D and 100D SMAs, whereas RSI sits in overbought territory.
- On-chain knowledge present whale accumulation and a pointy quantity spike after Upbit listed CFG with KRW, BTC, and a significant stablecoin pairs.
Centrifuge’s CFG token rose greater than 180% following the announcement that buying and selling would start on South Korean cryptocurrency alternate Upbit, in line with market knowledge.
The rally occurred as broader cryptocurrency markets posted features, with Bitcoin advancing alongside a number of main various cryptocurrencies. The token subsequently retreated from intraday highs as merchants took income, in line with buying and selling knowledge.
Upbit introduced buying and selling help for Centrifuge would start on February 26, 2026, at 2 PM Korea Commonplace Time, in line with the alternate’s assertion. The itemizing contains spot buying and selling pairs towards the Korean gained, bitcoin, and a significant stablecoin. Deposit and withdrawal providers have been scheduled to change into out there shortly after the announcement, the alternate said.
On-chain knowledge indicated elevated accumulation by giant holders, known as “whales” in cryptocurrency markets, in line with blockchain analytics. Buying and selling quantity elevated considerably because the token’s worth surged, market knowledge confirmed.
Upbit’s person base and liquidity have traditionally generated important worth actions for newly listed tokens, in line with market observers.
Centrifuge operates as a platform for tokenizing real-world belongings, with its native token enabling governance features that permit holders to take part in protocol selections, in line with the challenge’s documentation. The token’s worth had adopted broader cryptocurrency market declines till the Upbit itemizing drove costs to ranges final noticed in October 2025, in line with historic worth knowledge.
Technical evaluation introduced blended indicators, with the Shifting Common Convergence Divergence indicator suggesting bullish momentum whereas the Relative Power Index reached ranges usually related to overbought situations, in line with chart knowledge. The token traded above its 50-day and 100-day easy shifting averages, technical indicators confirmed.
Market analysts famous that sustained buying and selling quantity from Korean market individuals might drive costs towards greater resistance ranges, although a decline beneath key shifting averages might speed up draw back stress.
