Today: 2021-10-26 Disclaimer: This is not a financial advice

Is it a Good Time to Buy Celo Right Now?

Current Price
$7.79
All Time High: $9.82

Celo is down -21.43026% from its highest price on 2021-08-30.

2/5
Avarage Daily Volume: $175,829,800.00

Celo has a daily trading volume of $175,829,800.00 which it will make it super easy for you to sell your holdings of Celo

Community

Celo has 71144 total followers in all its social media accounts.

3/5
Exchanges

Celo is listed on 46 exchanges

5/5
Price Potential

Celo price value has the potential to increase to $250.19 in the next crypto bull run.
Which may take up to 5 years from now.

Overall Score

Our algorithm believes it's So Good time to invest in Celo right now. We give it all overscore of

3.25/5

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Summary of Celo(CELO):

Celo(CELO) today price is $7.79, which is down -21.43026% from it's all time high. The avarage daily volume is $175,829,800.00 and you can trade Celo on 46 exchanges.

71144 people are following Celo in all social media accounts.

Our algorithm believes it's So Good time to invest in Celo with confident score of 3.25 out of 5.

What is Celo(CELO)?

Celo enables participation on the Platform, with the opportunity to earn rewards through network participation. Celo’s stability mechanism and token economics are designed in such a way that demand for cGLD directly increases as demand for Celo Dollars (cUSD) and other stable value assets increases. cGLD is a native cryptographic digital asset created at the mainnet release of the Celo Platform. cGLD has no relationship to physical gold. cGLD is a utility and governance asset required to participate on the Celo Platform. Some uses include: Running a validator to secure and operate aspects of the Celo Platform Voting for validators working to secure and operate the Celo Platform Participating in governance decisions to influence the future of the Celo Platform Supporting applications on the platform cGLD forms part of the overcollateralized reserve that supports the Celo stable value assets (initially Celo Dollar or cUSD). The Celo Protocol automatically adds cGLD to the reserve whenever the Celo stable value asset supply increases.