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Centrifuge (CFG) drops over 14% amid weak real-world asset activity and bearish market signals.

Protocol Fundamentals
19 Aug 2026
AMBCrypto
View Source
Bearish
pluang ai news

Centrifuge (CFG) experienced a sharp decline of more than 14% in the past 24 hours, driven by poor performance in its real-world asset (RWA) sector and broader altcoin market weakness. Key metrics like Monthly Asset Transfer Volume and Count have fallen drastically, signaling low ecosystem usage. The Total Value Locked (TVL) remains flat after a previous drop, and trading indicators suggest continued bearish momentum. CFG may fall further, potentially breaking its all-time low, but a demand zone near $0.1257 could offer a recovery point if buying interest returns.

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