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After a prolonged period flatlining, the Centurion (CNT) coin surged into the stratosphere today before paring some of its astronomic gains.
It hit $6 at one point before dropping to $3.77 at 11:45 EST, still up more than 1,200% in a day.
Centurion (CNT): An Eco-Friendly and Inclusive Digital Currency
Centurion is a decentralized digital currency launched in 2017. It operates on a peer-to-peer (P2P) network, ensuring fast and cost-effective transactions. One of its key features is its eco-friendliness, consuming less energy compared to other cryptocurrencies like Bitcoin.
CNT is mined by solving complex algorithms using computer power, creating new coins while securing the network. The mining process is open to anyone with the required hardware, promoting inclusivity.
With a maximum supply of 250 million coins, Centurion is not subject to inflation. This makes it an appealing investment choice for those seeking a hedge against inflationary pressures. It has a dedicated community, actively supporting its growth and development, further bolstering its potential in the market.
CNT Tops Daily Gainers List
According to Crypto Insights, Centurion emerged as the top coin on the daily gainers list. Its spike drew considerable attention to the coin. Analysts and investors are now discussing about its potential for further growth.
Daily Market Overview#BTC price trades around $29K
🔸Top Gainers:$CNT @centurion_coin$RFR @Refereum$DNX @dynexcoin$WLD @worldcoin$XDC @XinFin_Official
🔸Trending Searches:$WLD $XRP $ARKM $KAS $DOGE $PEPE#Crypto #Cryptocurrency @KaspaCurrency pic.twitter.com/Hc3UI4Zx0z
— Crypto Insights (@CryptoInsightsX) July 25, 2023
Centurion’s Multichain Tokens Announcement Sparks Rally in CNT Prices
On June 5, Centurion announced the introduction of new tokens on three blockchains – BEP20, ERC20, and Aptos. This news sparked a rally in CNT token prices. By expanding its token’s presence to multiple blockchains, Centurion aimed to increase accessibility and trading opportunities for investors. The announcement generated enthusiasm among the cryptocurrency community. This has led to increased demand and trading volume for the CNT token.
ANNOUNCEMENT: Centurion $CNT New Tokens:
– BEP20 Token Contract:
0x23c90dbf4fC282e352B75CC13d095Cc2496D3271– ERC20 Token Contract:
0x23c90dbf4fC282e352B75CC13d095Cc2496D3271– Aptos Token Contract:
0xc051aad4e29ffb57bde2a55dd795ac2ad7cd8142fd59602219558f41e7847275::CNT::Cnt— Centurion (@centurion_coin) June 4, 2023
CNT Price Analysis
The one month chart analysis of the CNT/USD trading pair reveals notable price movements. The coin peaked at $6 earlier in the day before stabilizing at its current price of $4.03 earlier in the day for a gain of 358% over the course of a month.
Of particular significance is the remarkable growth in the market capitalization of the CNT coin. The Market Cap surged by an impressive +1376% within just 24 hours, reaching a total value of almost $313 millioin.
Moreover, CNT also experienced a staggering increase in trading volume within the past 24 hours. This surge in trading activity indicates rising interest and demand for the coin, propelling it into the spotlight. Furthermore, it positions the coin as one of today’s market’s most actively traded coins.
Based on the long-term price analysis, the historical chart of CNT/USD indicates that the coin initially witnessed minimal movement upon its launch in 2017. However, a few months after its launch, the coin experienced a significant drop in value in October 2018. Nevertheless, prices remained relatively stagnant for over four years.
Notably, the situation changed drastically from June 6. This followed an official Twitter announcement by the Centurion token team regarding the creation of new tokens. Since then, the cryptocurrency has been experiencing a substantial surge, with its value skyrocketing from $0 to $6 in just 1.5 months.
The recent surge in investor interest following the creation of new tokens for CNT indicates its potential as a valid cryptocurrency. However, it’s essential to approach the digital asset market cautiously due to its high volatility and inherent risks.
Let us examine an alternative coin with huge growth potential.
Alternative to CNT
The presale of Wall Street Memes Coin ($WSM) has been nothing short of remarkable, raising over $17.6 million in funds. This impressive achievement is a testament to the growing interest and confidence in the project.
Currently priced at $0.0322 during the presale, the token’s value is set to increase to $0.0325 once the presale reaches $18 million. This price trajectory has sparked further excitement among investors, driving them to participate in the presale.
Massive Social Media Following
One of the key drivers behind Wall Street Memes’ success is its massive social media following. The project has established a robust and engaged community with over one million followers across various platforms.
@wallstmemes $WSM bro, more than 1 million community member, they have raised $18 million so far on their presale.
— Watcher.Guru (Parody) (@WatcherGuru_P) July 23, 2023
The coin’s popularity has caught the attention of prominent cryptocurrency analysts, including Satoshi Stacker, who has almost 300k YouTube subscribers. The endorsement from well-known figures in the crypto space has further boosted investor confidence in the project.
ERC-20 Token on Ethereum Blockchain
Wall Street Memes Coin operates as an ERC-20 token on the Ethereum blockchain. It stands out as a fully community-focused asset, with 50% of its total supply allocated for the presale and no team allocation. This transparent tokenomics model ensures the project’s decentralization and minimizes the risk of a rug pull.
$WSM token adopts community-driven tokenomics. 🌎
2 billion supply with no private cuts for the team, making it fair for everyone. 🤝
— Pognone 🧱 (@Yurij_eth) June 22, 2023
Looking Ahead: Exciting Developments
As the presale phase nears its conclusion, the team behind Wall Street Memes is gearing up for the token’s debut on major exchanges. Investors and crypto enthusiasts alike eagerly await the upcoming launch.
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