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Centric Swap

CNS

Price
$0.00000632
12/8/2022, 10:56:11 PM
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Market

Market stats

Market cap

$46,431.42

Volume (24h)

$363,311.05

Circulating supply

7.3B CNS

All time high

$0.0200

Price change (1h)

+1.99%

Price change (24h)

+5.29%

Price change (7d)

+5.17%

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Centric Swap is on the rise this week.

The price of Centric Swap has risen by 5.17% in the past 7 days. The price increased by 5.29% in the last 24 hours. In just the past hour, the price grew by 1.99%. The current price is $0.00000632 per CNS. Centric Swap is 99.97% below the all time high of $0.0200.

The current circulating supply is 7,342,691,560 CNS.

About

What Is Centric Swap (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.

History of Centric Swap (CNS)

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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How much is 1 CNS?

Conversion Table

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Last update: 10:55 PM

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FAQ

What is the current price of Centric Swap?

The price of 1 Centric Swap currently costs $0.00000632.

What is the market cap of Centric Swap?

The current market cap of Centric Swap is $46.43K. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Centric Swap?

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.

What is the 24 hour trading volume of Centric Swap?

Over the last 24 hours, the trading volume of Centric Swap is $363.31K.

What other assets are similar to Centric Swap?

Assets that have a similar market cap to Centric Swap include xSigma, Phoneum, BlitzPick, and many others. To see a full list, see our comparable market cap assets.

How many Centric Swap are there?

The current circulating supply of Centric Swap is 7.3 billion.