Celo is a platform that provides a unique opportunity to make crypto payments using smartphones. The platform is adapted specifically for this type of payment. The idea behind the project is to give people with only mobile internet access to cryptocurrencies.
CELO is a native coin of the platform. It can be used for governance purposes, fees, and other activities when necessary.
Let’s look at the CELO coin on the CoinMarketCap service:
Celo does not have a published step-by-step roadmap. However, they do have a clear vision of their purpose. The developers of the project believe in creating a financial system that can provide an opportunity for prosperity for everyone. It enables various types of assets, including crypto and CBDC, to circulate limitlessly across devices. Celo helps creators to realize their projects with just smartphones.
Crypto community about CELO
Celo has a very active and supportive community. The Celo team provides all the necessary information via their social media and keeps followers informed. Participants also share a lot of their experiences, so if anyone has questions about the work of the platform, it is always possible to connect with someone and receive a response.
CELO Price Prediction 2022
- Here is what TradingBeasts.com foresees for the CELO coin:
- WalletInvestor.com has the following prediction:
CELO Price Prediction 2023
It seems that for CELO 2023 will be a year of slow and steady growth. No unexpected downfalls are predicted. According to WalletInvestor.com there is a chance that by the end of 2023 the CELO token’s price will surpass the $7 level. On the other hand, Digitalcoinprice.com predicts a slight decrease in the last quarter of the year.
CELO Price Prediction 2024
In 2024 CELO will continue growing. However, according to Digitalcoinprice.com it will start a year with a major fall, after that an upgoing trend will start, and it will resume until the end of 2024 with some volatility. Longforecast.com sees the price fluctuating around $5.
CELO Price Prediction 2025
Some experts believe that the CELO token has the potential to continue growing. Thus, by the end of 2025 it may surpass the $5 level. Digitalcoinprice.com believes that the price will mostly fluctuate around $6. According to some experts, this year may bring a good increase in price.
Historical CELO price analysis
As of February 15, 2022:
All Time High (Aug 30, 2021): $10.66
All Time Low (May 22, 2020): $0.7955
Celo appears to grow its popularity very quickly. The main reason for this is the unique opportunity it provides to develop dApps using a smartphone. It helps to involve a lot of people, who were not able to participate before due to the lack of necessary technology.
Moreover, the other important direction of Celo’s work is to make a social impact. The Celo community creates different programs to support people in need. For example, during the COVID-19 pandemic Celo helped the Philippines to sell their goods globally.
These features attracted a lot of new partners to the project. And as a result, more investors became interested.
Celo is interesting not just as a cryptocurrency, but also as a social project. While talking about mass adoption it is important to remember that there are a lot of people around the world that still do not have proper access to the internet or desktop powerful computers. All they possess is smartphones, which also can be used to create applications. They can also make their impact with the help of such platforms as Celo. The idea of global and limitless financial system that is available in your pocket is amazing, that is why a lot of people pay attention to the Celo project.
SimpleSwap reminds you that this article is provided for informational purposes only and does not provide investment advice. All purchases and cryptocurrency investments are your own responsibility.