CEL Price Analysis February 2022

CEL is a token of platform Celsius. Its current price is around $3.50 by writing, with a low of $2.01 in 2021 and a market cap of 835 million dollars.

What is Celsius?

Celsius is primarily a DeFi that lets you lend, borrow and earn crypto. With Celsius wallet, you can borrow and lend crypto assets with other users, earn interest on your holdings with fractional reserves, and even issue loans to others. In addition, it provides a transparent system to conduct financial transactions with a significant company.

Alex Mashinsky founded it in 2017, and its native coin, CEL, powers it. Celsius relies on the Ethereum network and aims to provide a range of rewards and financial services to a global audience by using an easy-to-use platform with benefits for all users. For example, Celsius’s incentivized reward program allows users to earn 25% more CEL tokens and provides loans starting at 1% APR. 

What is CEL?

CEL is the coin of the Celsius platform, which is around $3.50 by the time of writing, with a low of $2.01 in 2021. Its current ranking is #96 according to CoinMarketCap, with a market cap of 835 million dollars.

CEL reached a high of $8.02, with a low of $2.01.Cel is building on the Ethereum blockchain, and experts agree that there is no single way to get rich quickly, but increasing your investment in CEL can be rewarding.

CEL Coin Market Analysis 

CEL has a max supply of 695,658,160 coins worth around $3.50 with a market volume of 7 million dollars, whereas the market capitalization is 835 million dollars at writing. 

CEL Price Prediction

On the 1D timeframe, $CEL/USDT has been down for a while, but after touching its lower level, it suddenly bounced in an upward trend and formed the inverse head and shoulder where the price action is currently facing out the resistance level.

For any time, on-demand analysis on $CEL or any other coin can join our Telegram channel.

Cel Price Prediction
CEL Price Prediction

Here are some of the best exchanges to buy CEL.

Nothing in this article is financial advice, and you should only invest in the market you believe is suitable for your portfolio.

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Pratyaksh