Celsius Network Price Prediction
Best advise? Study these charts 📖
Today's ForecastsCelsius Network(CEL) opened trading today at $2.34. It achieved a Market high of $2.52 and a subsequent Market low of $2.34, Representing a change of $0.04 and price percentage change of 1.52% . Its current Price is $2.38 representing a market share of 0.27% only.
A total volumn of $716,128 worth of Celsius Network traded hands today, achieving a Maximum Market Cap of $1,654,957,440 for the day.
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The Bull Case 🐃 for Celsius Network
Many people are looking to invest in digital assets (including Celsius Network) owing to the enormous return which they provide. Even the institutional investors are trying to invest in such assets. This is highly positive for Celsius Network as a platform. As the traction of the platform increases more and more, the price of the cryptocurrency would also go up. This is a huge positive for the platform in the future.
With the thrust on the digitization of assets increasing and the awareness of cryptocurrency assets also on the rise, Celsius Network has a lot of potential ahead. As long as the organisation is able to execute their strategy the price of the token would also keep on increasing. This will attract a lot of investors to this cryptocurrency.
Celsius Network is currently trading around $2.38.
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Price Predictions for Today, This Week and This Month 🚀
Critical Fundamental Analysis of Celsius Network
Celsius Network is an Ethereum-based value-driven lending and borrowing platform. The Celsius Wallet was designed to allow members to use coins as collateral to get a loan in dollars, and in the future, to lend their crypto to earn interest on deposited coins.
CEL is an ERC20 utility token that powers Celsius Network's credit ecosystem. CEL's utilities include the ability to become a member of the Celsius platform and community, the ability to deposit your cryptocurrencies in the Celsius wallet, the ability to apply for dollar loans with cryptocurrencies as collateral, and the ability to pay interest on these loans at a discount.
CEL Trading Stats for Today - 2020-12-02 03:02:57 +00:00 GMT
|Current Supply||695,658,176 CEL|
|Total Supply||650,000,000 CEL|
|24h Volume (coin)||301,023 CEL|
|24h Volume (currency)||$716,128|
|Last updated||2020-12-02 03:02:57 +00:00 GMT|
Other Price Forecasts similar to Celsius Network(CEL) :
Common CEL Price Prediction Questions
What is Celsius Network’s potential future value?
CEL's future value is strongly correlated to it's Fundamental Analysis. We made this easier by giving a short concise write-up here on what Celsius Network is and what it does. This is because Celsius Network's price will only rise and make you rich if it’s doing something special e.g. Ethereum which made it possible to create simple smart contracts on the Blockchain, minted the most number of Crypto millionaires. Now ask yourself - Can CEL make you one?
What is going on with Celsius Network's price?
In order not to be too rattled, read our Fundamental analysis above on Celsius Network to know if it’s a good hodl.
How high will Celsius Network go?
No one really knows for sure. We however predict CEL might be 4x by end of 2020. This will depend however, on the larger crypto market 4xing as most coins whether good or not, mirror Bitcoins loses or gains. If in doubt about any coin, either BUY BTC, ETH or stay out of the market. For now!
Why is Celsius Network(CEL) rising today?
On a day to day basic, we do not have that information. However, look above to see our Fundamental Analysis of Celsius Network to see its expected value. You can also visit Celsius Network's website here - Visit website.
A good reason for any intra-day pump is usually partnerships, implementations of a roadmap e.g. Mainnet launch or listing on a new exchange (mega-pump).The Celsius Network website page will quickly provide you with that value.
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Why is Celsius Network's price going down?
It’s difficult to tell right now as the daily CEL candle hasn’t closed. However a quick way to know the reason for any sudden disruption in Celsius Network's price is to look at its social media feed to see if it released news that the market revolts at or it’s simply a red crypto day.
To view the Social sentiments for Celsius Network, Simple click the Social Button on this page, located immediately below the Price Charts.
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CEL Live Prices Data
Celsius Network Daily Price History
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