The token for Centrality (CNNZ) rose in the last 24 hours by up to $0.19 which is higher by 79 percent, considered as a moment fueled by Bitcoin.
Around 2,400 Satoshi have been traded by CNNZ which is half of its peak levels by 5,000. It has become the fastest growing asset with one of the most interesting projects among all of the coins niched.
But CNNZ has been traded on a rather small market pertained to as Cryptopia. CNNZ has been easily manipulated due to its turnover of around 82 BTC in the last 24 hours. This is one example of how even in a bear market with relative stagnation, the game for altcoins never stops in as much as the attempt for an increase in BTC holdings does.
Centrality is still a new concept that is trying to be adapted and yet underneath the project is an entire blockchain studio with an international distributed team, all of which doing the best they can to distribute tasks by giving away produced apps in the marketplace.
But this has been a long-term proposition only and the team of CNNZ is at the point where the concept of hype and other speculative trading have been its leading factors.
But the Centrality’s announcement on its Amazon Cloud partner has been outdated with other projects announcing their partnership as well with other large cloud-based services such as Azure by Microsoft.
The studio for Centrality is a team created through their wide range of experiences in creating 20 traditional apps. An additional CNNZ contributes a layer for tokenization in the ecosystem of apps. Also, this project has been legalized both in Singapore and New Zealand.
As a very successful ICO, Centrality has sold out within only a few minutes into January. But, because of that, the token has gone through a series of many adoptions. At first, the token had been on the native exchange of the ecosystem for distributed apps.
As a token with a total supply of 1.2 billion, the CNNZ is an example which shows that even with a bear market other new projects are still attempting to reach to their audiences.