Centrifuge (CFG) experienced a sharp intraday rally of over 200% following its listing on Upbit. According to CoinMarketCap, the token jumped from $0.084 to a high of $0.265, before cooling to around $0.1568, with a market cap of $90.51 million.
Upbit Listing Triggers 200% Price Surge
On February 26, Upbit confirmed support for CFG trading pairs in KRW, BTC, and USDT, with trading starting at 14:00 KST. The announcement drove a classic listing-fueled breakout. CFG was already available on major exchanges including OKX, Gate.io, KuCoin, MEXC, BingX, Kraken, and Coinbase. The addition of Upbit expanded liquidity access and reignited market attention.
Historically, CFG hit an all-time high of $2.58 in 2021 and recently touched an all-time low of $0.06712 in February 2026. Today's move marks a significant turnaround after months of quiet consolidation.
Binance Listing Hype Grows
With broad exchange coverage already in place, speculation naturally turned toward a potential Binance listing. CoinGabbar analysts suggest that continued exchange expansion increases the probability, though no official confirmation exists. Similar token listing cycles have historically triggered rapid liquidity inflows, and traders view the current rally as early positioning rather than the final peak.
Technical Levels and Outlook
Chart structure shows a high-volume breakout from the $0.08–$0.10 accumulation zone toward $0.16. Momentum indicators entered overbought territory, signaling strength but also short-term cooling risk.
Key support: Holding above $0.14 keeps the breakout valid. With continued volume, CFG could push toward $0.20–$0.24, and a higher low may open a mid-term move toward $0.30. A drop below $0.13 would risk a retest of $0.10–$0.09, weakening the reversal setup.
If a major exchange expansion materializes (e.g., Binance listing), CFG could rapidly target $0.30–$0.45. Strong follow-through demand could later support a move toward $0.80–$1, depending on broader market conditions and ecosystem traction.
Exchange-driven rallies often act as narrative catalysts rather than long-term confirmation. Sustained growth depends on volume stability, overall market sentiment, and continued project development.
This content is for informational purposes only and does not constitute financial advice. Cryptocurrency markets are highly volatile. Readers should conduct independent research and consult a financial advisor before making investment decisions.