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Celsius price

Celsius priceCEL

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Price of Celsius today

The live price of Celsius is $0.2545 per (CEL / USD) today with a current market cap of $9.60M USD. The 24-hour trading volume is $1.93M USD. CEL to USD price is updated in real time. Celsius is 8.08% in the last 24 hours. It has a circulating supply of 37,720,110 .

What is the highest price of CEL?

CEL has an all-time high (ATH) of $8.02, recorded on 2021-06-03.

What is the lowest price of CEL?

CEL has an all-time low (ATL) of $0.02235, recorded on 2018-10-16.
Calculate Celsius profit

Celsius price prediction

When is a good time to buy CEL? Should I buy or sell CEL now?

When deciding whether to buy or sell CEL, you must first consider your own trading strategy. The trading activity of long-term traders and short-term traders will also be different. The Bitget CEL technical analysis can provide you with a reference for trading.
According to the CEL 4h technical analysis, the trading signal is Strong buy.
According to the CEL 1d technical analysis, the trading signal is Buy.
According to the CEL 1w technical analysis, the trading signal is Sell.

What will the price of CEL be in 2025?

Based on CEL's historical price performance prediction model, the price of CEL is projected to reach $0.3036 in 2025.

What will the price of CEL be in 2030?

In 2030, the CEL price is expected to change by -8.00%. By the end of 2030, the CEL price is projected to reach $0.4970, with a cumulative ROI of +101.34%.

Celsius price history (USD)

The price of Celsius is +7.36% over the last year. The highest price of CEL in USD in the last year was $2.05 and the lowest price of CEL in USD in the last year was $0.1196.
TimePrice change (%)Price change (%)Lowest priceThe lowest price of {0} in the corresponding time period.Highest price Highest price
24h+8.08%$0.2320$0.2801
7d+7.27%$0.2287$0.2738
30d+19.94%$0.2059$0.2886
90d+74.08%$0.1216$0.6866
1y+7.36%$0.1196$2.05
All-time+16.37%$0.02235(2018-10-16, 6 years ago )$8.02(2021-06-03, 3 years ago )

Celsius market information

Market cap
$9,601,144.8
+8.08%
Fully diluted market cap
$9,601,144.8
+8.08%
Volume (24h)
$1,926,586.92
+35.50%
Market rankings
Circulation rate
100.00%
24h volume / market cap
20.06%
Circulating supply
37,720,110 CEL
Total supply / Max supply
37,720,111 CEL
-- CEL
ICO price
$0.3000 ICO details
Buy Celsius now

Celsius ratings

Average ratings from the community
4.4
100 ratings
This content is for informational purposes only.

About Celsius (CEL)

What Is Celsius Network?

Celsius Network is a regulated cryptocurrency lending platform, headquartered in the United States, that has made significant waves in the digital asset space. Founded in 2017 by Alex Mashinsky, Daniel Leon, and Nuke Goldstein, the network offers a unique proposition for crypto users: the ability to deposit various digital assets to earn high returns or to secure loans. In 2018, Celsius Network conducted a highly successful Initial Coin Offering (ICO) for its native token, CEL, raising an impressive $50 million. This marked the beginning of a period of exponential growth, with the company managing approximately $12 billion in assets and establishing itself as a prominent player in the market.

However, the journey was not without its challenges. The firm faced multiple controversies and eventually filed for bankruptcy in 2022, citing poor asset deployment decisions. Currently, Celsius Network is undergoing restructuring as part of the bankruptcy process.

Resources

Official Website: https://celsius.network/

How Does Celsius Network Work?

Celsius Network operates in a way that mirrors traditional banking systems, but with a focus on cryptocurrency. Users can deposit their crypto assets into Celsius to earn interest, similar to a savings account in a conventional bank. This feature has made it an attractive option for individuals looking to generate passive income from their cryptocurrency holdings. Additionally, Celsius extends the facility to borrow money against these deposits. This service is particularly beneficial for those who need liquidity but do not wish to sell their crypto assets, thereby avoiding potential capital gains taxes and maintaining their investment in the market.

The platform's operations are significantly enhanced by its native token, CEL. CEL plays a central role in the Celsius ecosystem, being used for various purposes including taking out loans, earning rewards, and making payments. Furthermore, Celsius has implemented a loyalty program that is directly tied to the amount of CEL a user holds. This program offers multiple tiers, each providing additional benefits such as bonus rewards and reduced interest rates on loans. This tiered system incentivizes users to hold and use CEL, thereby increasing its utility and value within the platform.

What Is CEL Token?

CEL is the native token of the Celsius Network, serving multiple functions within its ecosystem. CEL is used for loan acquisition, reward distribution, and payments. The token's utility is further enhanced by the Celsius loyalty program, where the user's status and corresponding benefits are determined by the proportion of CEL in their portfolio. This system encourages users to invest in and hold CEL, creating a robust internal economy and fostering a sense of community among users. The token's role in the platform's operations and its integration into the loyalty program make it a vital component of the Celsius Network, contributing significantly to its overall functionality and appeal.

Celsius Network's Downfall: From Crypto Titan to Bankruptcy and Legal Battles

In June 2022, the cryptocurrency world was shaken by the dramatic collapse of Celsius Network, a once-thriving crypto lending platform. Founded in 2017, Celsius Network had grown to manage assets worth $11.7 billion, boasting a user base of 1.7 million. However, the company faced a severe crisis when it abruptly froze all customer accounts on June 13, 2022, citing "extreme market conditions." This move not only sent shockwaves through the price of Bitcoin and other cryptocurrencies but also revealed the precarious financial state of Celsius. Court filings later showed that the company was in a dire situation, with liabilities of $5.5 billion against assets of just $4.3 billion, leaving a staggering deficit of $1.2 billion.

The downfall of Celsius Network can be attributed to a confluence of risky investments and market conditions. The platform's heavy investment in the LUNA's Anchor protocol and its high-risk strategies involving Wrapped BTC (WBTC) and DAI, as well as ETH and stETH, played a significant role in its collapse. These decisions, coupled with the broader crypto market downturn, led to an acute liquidity crisis for Celsius. To prevent a total drain of their holdings, the company halted all withdrawals, swaps, and transfers, effectively locking users out of their assets. This decision marked a turning point for Celsius, leading to the filing of Chapter 11 bankruptcy on July 14, 2022. The company's CEO, Alex Mashinsky, resigned in September 2022, amidst growing scrutiny and legal challenges.

The aftermath of Celsius Network's collapse has been marked by legal battles and regulatory actions. Alex Mashinsky, the former CEO, was arrested and faces criminal and civil charges related to his role in the company's downfall. The U.S. Justice Department, along with other federal regulators like the CFTC, FTC, and SEC, have been building cases against Celsius for various regulatory violations. The New York attorney general filed a lawsuit against Mashinsky for allegedly making false and misleading statements, leading to significant investor losses. As of now, Mashinsky has pleaded not guilty to all charges, and Celsius continues with its bankruptcy proceedings, leaving many investors uncertain about the fate of their assets.

Celsius Social Data

In the last 24 hours, the social media sentiment score for Celsius was 3, and the social media sentiment towards Celsius price trend was Bullish. The overall Celsius social media score was 451, which ranks 50 among all cryptocurrencies.

According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Celsius being mentioned with a frequency ratio of 0.01%, ranking 348 among all cryptocurrencies.

In the last 24 hours, there were a total of 240 unique users discussing Celsius, with a total of Celsius mentions of 76. However, compared to the previous 24-hour period, the number of unique users increase by 27%, and the total number of mentions has decrease by 71%.

On Twitter, there were a total of 2 tweets mentioning Celsius in the last 24 hours. Among them, 50% are bullish on Celsius, 50% are bearish on Celsius, and 0% are neutral on Celsius.

On Reddit, there were 58 posts mentioning Celsius in the last 24 hours. Compared to the previous 24-hour period, the number of mentions increase by 18% .

All social overview

Average sentiment (24h)
3
Social media score (24h)
451(#50)
Social contributors (24h)
240
+27%
Social media mentions (24h)
76(#348)
-71%
Social media dominance (24h)
0.01%
X
X posts (24h)
2
0%
X sentiment (24h)
Bullish
50%
Neutral
0%
Bearish
50%
Reddit
Reddit score (24h)
83
Reddit posts (24h)
58
+18%
Reddit comments (24h)
0
0%

How to buy Celsius(CEL)

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Celsius news

Michael Saylor urges Microsoft to embrace BTC, predicting a $280T market cap by 2045
Michael Saylor urges Microsoft to embrace BTC, predicting a $280T market cap by 2045

Share link:In this post: Michael Saylor, MicroStrategy co-founder, calls for Microsoft’s board of directors to invest in Bitocin. Saylor predicts that Microsoft could add almost $ 5 trillion in shareholder value through BTC by 2034. Institutional shareholders like Vanguard, and Blackrock may contribute to Microsft’s decision to invest in Bitcoin.

Cryptopolitan2024-12-02 18:00
Celsius to Distribute $127M to Creditors
Celsius to Distribute $127M to Creditors

Celsius, the troubled crypto company, is back in the news with some good news for its creditors.

Altcoinbuzz2024-11-29 00:22
More Celsius updates

FAQ

What is the current price of Celsius?

The live price of Celsius is $0.25 per (CEL/USD) with a current market cap of $9,601,144.8 USD. Celsius's value undergoes frequent fluctuations due to the continuous 24/7 activity in the crypto market. Celsius's current price in real-time and its historical data is available on Bitget.

What is the 24 hour trading volume of Celsius?

Over the last 24 hours, the trading volume of Celsius is $1.93M.

What is the all-time high of Celsius?

The all-time high of Celsius is $8.02. This all-time high is highest price for Celsius since it was launched.

Can I buy Celsius on Bitget?

Yes, Celsius is currently available on Bitget’s centralized exchange. For more detailed instructions, check out our helpful How to buy Celsius Network guide.

Can I get a steady income from investing in Celsius?

Of course, Bitget provides a strategic trading platform, with intelligent trading bots to automate your trades and earn profits.

Where can I buy Celsius with the lowest fee?

Bitget offers industry-leading trading fees and depth to ensure profitable investments for traders. You can trade on the Bitget exchange.

Where can I buy Celsius (CEL)?

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CEL
USD
1 CEL = 0.2545 USD
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Bitget Insights

lmubarakhussain
lmubarakhussain
2024/11/13 20:25
pls why this coin follow Bitcoin downward and can't follow it uoward
BITCOIN-1.63%
CEL+6.37%
Jenkins-martins5
Jenkins-martins5
2024/10/26 23:38
Uncovering Hidden Gems: Top Altcoins to Watch In the Cryptocurrency Markert
_Uncovering Hidden Gems: Top Altcoins to Watch in the Cryptocurrency Market. The cryptocurrency market is vast and dynamic, with over 5,000 altcoins vying for attention. While Bitcoin dominates the headlines, savvy investors seek overlooked gems with potential for growth. In this article, we'll explore top altcoins across various categories, highlighting their unique features and prospects. *Category 1: Scalability and Interoperability* 1. _Quant (QNT)_: Blockchain-agnostic operating system for interoperability. 2. _Waves (WAVES)_: Scalable decentralized application platform. 3. _Ark (ARK)_: Cross-chain interoperability and scalability. *Category 2: DeFi and Lending* 1. _Maker (MKR)_: Decentralized lending and stablecoin issuer. 2. _Huobi Token (HT)_: Exchange-based DeFi ecosystem. 3. _Celsius (CEL)_: CeFi and DeFi hybrid platform. *Category 3: Gaming and NFTs* 1. _The Sandbox (SAND)_: Blockchain-based gaming and NFT ecosystem. 2. _Decentraland (MANA)_: Virtual reality and NFT platform. 3. _MyNeighborAlice (ALICE)_: Blockchain-based gaming. *Category 4: Privacy and Security* 1. _Monero (XMR)_: Private transactions and anonymity. 2. _Verge (XVG)_: Privacy-focused and decentralized. 3. _Horizen (ZEN)_: Secure and private blockchain ecosystem. *Category 5: Emerging Use Cases* 1. _IoTeX (IOTX)_: IoT-focused blockchain platform. 2. _Ocean Protocol (OCEAN)_: Data sharing and monetization. 3. _Sentivate (SNTV)_: Decentralized browser and ecosystem. *Investment Strategies* 1. Diversify your portfolio. 2. Research thoroughly. 3. Stay updated on market developments. *Conclusion* While these altcoins show promise, investing in cryptocurrencies carries risks. Always consult with financial experts before making investment decisions.
IOTX+2.21%
VIRTUAL+14.26%
BGUSER-CZHRDZFX
BGUSER-CZHRDZFX
2024/10/15 09:00
GDIHPOC5JWURWFTH7D6WVWHWZXT53JUARPQ3232XIYP6VXTSPY62CEL5
CEL+6.37%
Miss_Julia
Miss_Julia
2024/10/01 09:57
$CEL has achieved a notable breakout, establishing support at $0.23 while climbing towards the next target of $0.68. The significant volume suggests a strong upward trend. In a bullish Bitcoin environment, the asset's trajectory could gain further strength. Observers should consider how this resistance could be overcome as $CEL strives for its hidden gem status in the market. Before, we've recorded a 240% gain growth on it.
CEL+6.37%
INVESTERCLUB
INVESTERCLUB
2024/09/24 10:47
Celsius Network Token Surges After Repayment Scheme!!!
According to Cointelegraph, Celsius Network’s native token experienced a significant surge of over 300% following the initiation of a $2.5 billion repayment scheme aimed at over 250,000 creditors. A court filing on August 26 revealed that the bankrupt digital asset lender had repaid approximately $2.53 billion to 251,000 creditors. Data from Cointelegraph Markets Pro indicated that the Celsius (CEL) token was trading at $0.16 on that day. By September 23, the token’s price had risen to $0.65, marking a 300% increase. Currently, the token is trading around $0.58. Despite this recovery, the token remains significantly below its all-time high of $8.05, which it reached in June 2021, representing a decline of 1,287% from its peak. On August 26, Celsius distributed about 84% of the assets owed, amounting to $3 billion. While the majority of creditors have been paid, not all eligible creditors have claimed their digital assets, particularly those with smaller amounts owed. The filing noted that 64,000 creditors have less than $100 in assets to claim, while 41,000 are owed between $100 and $1,000 in crypto. The small amounts may be a disincentive for some creditors to take the necessary steps to claim their funds. The bankruptcy administrator reported that it had attempted more than 2.7 million distributions for eligible creditors. Celsius filed for bankruptcy in July 2022, sending an email to its users announcing petitions for Chapter 11 reorganization. This move came shortly after the platform hired bankruptcy-specialized lawyers. The bankruptcy proceedings resulted in fines of up to $4.7 billion from the United States Federal Trade Commission. The company expressed satisfaction with the resolutions reached with various US regulatory agencies. Additionally, the company’s former CEO, Alex Mashinsky, was arrested and charged with financial fraud, misleading customers, and manipulating the token’s price.
HIGH+5.26%
ALEX-0.37%

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