The value of the Centric Swap token has grown significantly over the past two weeks and has reached $ 0.0015233. The growth can be attributed to the expansion of partnerships and the transition to the Binance Smart Chain.
Centric Swap (CNS) is up more than 830% since May this year, but it is still below its all-time high of April 26. According to TradingView, since hitting a low of $ 0.001032 on September 9 this year, the CNS price has skyrocketed to $ 0.0015233 on October 15. At the same time, the 24-hour trading volume on the weekend was $ 11.55 million.
The main reasons for the growth of CNS could be the expansion of the project ecosystem, Binance’s $ 1 billion investment in the development of the DeFi ecosystem on the Binance Smart Chain (BSC), of which Centric Swap is now a part, as well as the announcement of upcoming updates from the developers.
Over the past few months, the project has partnered with Tourvest Travel Services and Absolute World to use CNS to pay for travel expenses. In addition, the project is partnering with luxury goods company Goldgenie and the decentralized CroxSwap protocol.
Centric Swap migrated from the Tron network to the Binance Smart Chain on July 15. This gave the project access to the BSC community and increased trading volume. Avalance, Fantom and Terra have used similar tactics to develop communities and attract liquidity. This led to an increase in the value of coins and projects in general.
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