Centric's All Time High? It's (Not So) Complicated!

Centric had its CNS ATH or all time high on August 3, 2020, but that's not the whole story. Many crypto projects only have 1 coin or token to consider when tracking the performance of the project. At Centric, there are two tokens. One traded. CNS. And, one in-network and not traded. CNR. CNS is freely traded and its price is determined by the market, but CNR has its price hard-coded to the blockchain 1 year in advance. CNR is not traded and is non-speculative. In fact, we already know the price of CNR a year from now. What does this have to do with the ATH of CNS? The ATH of CNS cannot be fully understood or calculated without taking into account the current price of CNR. In this video, I explain what I mean.

Here's the formula and breakdown of the math:

Current CNR Price / Price of CNR when CNS was at ATH = x
ATH of CNS / x = ATH Equivalent *

* “ATH Equivalent” is an adjusted number that factors CNR growth since last ATH

Review of math from video:

CNS ATH was 8/3/20 at $0.018
CNR price on 8/3/20 was $10.03
Current CNR price (9/25/21) is $145.96

145.96 / 10.03 = 14.55
14.55 = x

0.018 / x = 0.001237
(Rounded up to .00124)

Today’s CNS price (8/24/21) = $0.0001607
.0001607 x 7.7 = .001237

$0.001237 CNS with CNR @ $145.96 ≈ $0.018 CNS with CNR @ $10.03

Therefore, CNS is only about 8x away from hitting an ATH equivalent to August 2020 ATH

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All of the information in this video is intended for education and entertainment purposes. This is not financial, investment, legal, or tax advice. Please get appropriate advice whenever considering financial products. Thank you.

[dbestonly]

This is really interesting. This is new to me. Thanks Joel..gonna share this with community and others. #CNR #CNS #CentricStrong😎💪🏻

[szczepanpawlak]

Centric will be HUGE GIANT comming soon will be see....🇵🇱🔥💯💎😱

[perstation]

No doubt. Centricrise will achieve it💎☝️

[rakiterongpobre]

I hope they can make a dashboard for a referral every time you refer or share to your friends bonus thanks keep on sharing sir salute to you!

[josephmeshal]

Thanks for the video. I whant to ask what do you think the price for cns swap will be to December and January

Please

[nexuspluz]

My monthly salary stored in cnr rather than a bank

[BorisDesmond]

Any partnerships coming / Tier 1 exchanges?

[ompanda]

Frankly, everytime CNS has reached ATH, the dollar value of portfolio has remained exactly same...and weirdly coming to be exactly same even at 0.00124$. The burn rate of CNR should be accelerated other than just relying on CNS sell pressure

[geekUSA]

Is there something weird about the ceo making these sales pitch videos? 🧐

[rotimitunmise]

Any chance of cns hitting ATH this year by any magic?

[RahulKumar-wxjz]

We won't go anywhere without listing on Tier 1 Exchanges. I still not understanding, why the Team isn't listing CNS on top exchanges yet?

[perstation]

Does it mean that were going to see an always downtrend chart of CNS? Love centric by the way❤️

[sagorkhan]

When cns Can't stable at $0.001 in 14month then how it will reach $1 in future? Btw when cnr reach $252 then maybe you say our new ath is $0.00001.😡

[sezgincelik]

I no longer have any doubts that you are a very big international fraudster. How many zeros do you have to throw backwards for you to disappear completely or someone has to come out and say stop to this robbery?

[CoachCostaFM]

Soo from what i understand the cns is gonna be worthless !?