The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
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4.5
Centric Swap is not supported by Coinbase.
Market cap
$127,844.87
Volume (24h)
$110,183.09
Circulating supply
72.0B CNS
All time high
$0.0200
Price change (1h)
-1.65%
Price change (24h)
-2.15%
Price change (7d)
-3.44%
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Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of Centric Swap has fallen by 3.44% in the past 7 days. The price declined by 2.15% in the last 24 hours. In just the past hour, the price shrunk by 1.65%. The current price is $0.00000175 per CNS. Centric Swap is 99.99% below the all time high of $0.0200.
The current circulating supply is 71,988,802,123.744 CNS.
Centric Swap is a blockchain-based protocol that aims to address the price volatility problem of cryptocurrencies. The decentralized model followed by most cryptocurrencies has led the assets to be traded unregulated and hence, prone to manipulation, making demand change a significant factor affecting the price stability of these digital assets. Centric Swap attempts to create a stable scenario for the crypto space to realize the real value of blockchains. The developers of Centric Swap believe that a highly liquid digital asset with better stability and predictable returns forms the basis for the asset to be accepted for its functionality.
Centric Swap uses Centric Rise as its native currency. The CNR (CNR) is traded on the Centric payment network. According to the whitepaper, Centric Rise is to have a stable exchange rate against a commonly accepted traditional currency. Thus, Centric Swap follows a model that is similar to institutionally regulated monetary policy.
Centric Swap (CNS) is the token used by the Centric ecosystem as a common medium of exchange. The token is not similar to any traditional currency or digital asset. Moreover, CNS is also compatible with existing cryptocurrency ecosystems. Thus, the token also provides liquidity for the Centric payment network. The token is developed to provide utility in a bigger ecosystem. Through partnerships and collaborations, Centric Swap aims to create a space where Dapps and services can use the CNS token.
Centric manages the price of CNS so that it increases over time. Using a two-token system, Centric employs autonomous feedback mechanisms to balance demands. The dynamics of this system ensure the rate of return for CNR is maintained; while also assisting in making CNS more stable.
Centric purposes its own blockchain network in the future for more optimal utilization of its services. Centric Ventures is a program that proposes to create an ecosystem using innovation that adds value to the Centric network.
The idea for CNS was conceived in 2017. The dual-token system was adopted in 2021. Centric is led by CEO Joel Clelland, COO Thomas Butcher, and other members. The maximum supply of the CNR currency is fixed at one billion.
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Conversion Table
CNS/USD (United States Dollar)
$0.00000175
CNS/CAD (Canadian Dollar)
CA$0.00000238
CNS/GBP (British Pound)
£0.00000143
CNS/JPY (Japanese Yen)
¥0.000261
CNS/INR (Indian Rupee)
₹0.000145
CNS/BRL (Real)
R$0.00000880
CNS/EUR (Euro)
€0.00000165
CNS/NGN (Nigerian Naira)
NGN 0.0013
CNS/KRW (South Korean Won)
₩0.0024
CNS/SGD (Singapore Dollar)
S$0.00000239
The Block • Sep 27, 23
Bitcoin’s correlation with equities continuing to diverge
The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
Read more
Decrypt • Sep 27, 23
You Can Now Trade Bitcoin Mining Hashpower on Arbitrum
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Unchained • Sep 27, 23
SEC Chair Gensler Says Bitcoin Isn’t a Security
Appearing before the U.S. House Financial Services Committee on Wednesday, Securities and Exchange Commission (SEC) Chair Gary Gensler said that bitcoin (BTC) isn’t a security but stopped short of calling the digital asset a commodity. The sentiment echoed Gensler’s previously more lenient stance on
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CoinDesk • Sep 27, 23
The Protocol: Google Pushes Deeper into Blockchain
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CoinDesk • Sep 27, 23
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The Block • Sep 27, 23
FalconX participates in $3 million seed round for DeFi portfolio manager Bril Finance
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We update our Centric Swap to USD currency in real-time. Get the live price of Centric Swap on Coinbase.
The current market cap of Centric Swap is $127.84K. A high market cap implies that the asset is highly valued by the market.
The all-time high of Centric Swap is $0.0200. This all-time high is highest price paid for Centric Swap since it was launched.
Over the last 24 hours, the trading volume of Centric Swap is $110.18K.
Assets that have a similar market cap to Centric Swap include Centaur, Silva Token, hiMFERS, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of Centric Swap is 72 billion.
No, Centric Swap is not currently available on Coinbase, but you can sign up to get the latest news on Centric Swap and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.