Celer Network Price Prediction 2024 – 2030

The Celer Network is currently at the #286 rank in the cryptocurrency market. It had an ATH of $0.1987 on Sep 26, 2021, while the current price is only $0.02247, down by 88.7% from its ATH. Has the CELR token lost its charm? Will the CELR coin recover in the future? Find out answers to all these and other relevant queries in our Celer Network price prediction and much more.

• Based on the Celer Network price prediction for 2024, the CELR token is anticipated to reach $0.0428 by the end of this year.
• The CELR crypto is expected to have minimum and maximum prices of around $0.0367 and $0.0528, respectively, as per our CELR coin price prediction for 2025.
• As per our Celer Network Price Prediction 2030, the coin will have a maximum price of $0.174, while the minimum price may be around $0.121.

What is Celer Network?

Celer Network is an off-chain layer-2 scaling platform for multiple blockchains and cross-layer support. The peculiar design of Celer can bring fast, secure, low-cost, interoperable, and off-chain transactions for payments and smart contracts. The project’s main aim is to get mass adoption for blockchain, and it provides low-cost applications on Ethereum, Polkadot, and other blockchains by coupling the State channel and Layer-2 roll-up together.

Celer is used to cater to various applications, including micropayment, DeFi, and gaming. By leveraging the advantages of scaling techniques and incentives-aligned crypto development mechanisms, the project allows anyone to build, operate, and use highly scalable decentralized applications.

Celer Network was founded in 2018 by four co-founders, Dr. Qingkai Liang from MIT University, Dr. Xiaozhou Li from Princeton University, Dr. Junda Liu from UC Berkeley, and Dr. Mo Dong from UIUC. All are pioneers in blockchain technology and Decentralized financial systems, and they identified off-chain scaling techniques necessary for today’s blockchain for maximum decentralization and scaling capacity.

What is CELR?

CELR is the native ERC-20 token of the Celer Network based on the Ethereum blockchain. CELR enables payments for handling blockchain transactions, used for multiple incentive systems, and service transaction fees to off-chain service providers. It can be used for staking in the SGN, and CELR holders can stake it to SGN to become the state guardians.

CELR token has a maximum supply of 10 Billion tokens, among which 25% is reserved for PoLC mining rewards and ecosystem building, 17% for foundation, 20% for the team, 5% for marketing, and 33% for sale. Seed sales comprise 11.5% of the total supply, and private sale comprises 15.5% of the total supply.

The private sale happened in Aug 2018 and raised $23.255 M. The launchpad sales consist of 6% of the total supply, with a total raise of approximately $4000,000. In March 2019, the sale of CELR tokens happened in Binance Launchpad. Major liquid trade pairs of CELR include CELR/USDT, CELR/BTC, CELR/BUSD, and CELR/BNB.

Celer Network Technical Analysis

The Celer Network price is noted at $0.01575, with a 24-hour trading volume of $5,162,829. The current market cap is $173,740,403, with a circulating supply of 7,743,424,107 CELR. The all-time high is $0.1987, which was on Sep 2021, and the all-time low was $0.001014 on Mar 2020.

After the inception of the CELR token, there was a sideways movement for the long term; later, the Celer Network reached a medium-term high at $0.0393 on 30th March 2021. Celer Network created a round bottom, and the CELR price change surged to $0.1987, marking an all-time high. After the all-time high CELR token witnessed a brutal downfall, the average trading price made continuous lower lows. Celer Network (CELR) has not been able to recover from the collapse till now.

Despite the small rises, the CELR price exhibits a heavy crash. Trading volume indicators appear to be down; traders are not interested in trading in the Celer Network. Investors and traders are still confused about buying decisions and waiting for a bull hand from the Celer Network.

The coin has formed a red candle for the current trading session, and the patterns specify it will continue to form a red candle for the next one or more trading sessions. For taking an entry, a clear breakout or trend confirmation is necessary. Hence, the price of Celer Network needs to cross the major resistance level to avoid high risk for a long-term investment. You can learn more about crypto forecasts by clicking here.

Celer Network Price Prediction: 2024-2030

Cryptocurrency is comparatively a novel investment option as it is always interesting to know about the future of a coin to invest in. Cryptocurrency is moreover coming under the category of speculative investment and involves high risk. So long-term CELR price prediction always involves an ample amount of skepticism.

From the historical data of the Celer Network, it had given significant returns earlier, while CELR’s price has led to a loss recently. Will Celer Network bounce back any time soon? Will Celer Network go high? Let’s dig into Celer Network crypto price predictions!

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