CELO Price Today
Celo price today is $1.28 with a 24-hour trading volume of $31,539,371. CELO price is down -5.2% in the last 24 hours. It has a circulating supply of 440 Million CELO coins and a total supply of 1 Billion. If you are looking to buy or sell Celo, BitMart is currently the most active exchange.
What was the highest price for Celo?
Celo hit an all time high of $9.82 on Aug 30, 2021 (9 months).
What was the lowest price for Celo?
Celo had an all time low of $0.800156 on May 22, 2020 (almost 2 years).
What was the 24 hour trading volume of Celo?
The 24 hour trading volume of Celo is $31,539,371.
Where can Celo be traded?
You can trade Celo on BitMart, Binance, and Digifinex.
Celo enables participation on the Platform, with the opportunity to earn rewards through network participation. Celo’s stability mechanism and token economics are designed in such a way that demand for cGLD directly increases as demand for Celo Dollars (cUSD) and other stable value assets increases.
cGLD is a native cryptographic digital asset created at the mainnet release of the Celo Platform. cGLD has no relationship to physical gold.
cGLD is a utility and governance asset required to participate on the Celo Platform. Some uses include:
Running a validator to secure and operate aspects of the Celo Platform
Voting for validators working to secure and operate the Celo Platform
Participating in governance decisions to influence the future of the Celo Platform
Supporting applications on the platform
cGLD forms part of the overcollateralized reserve that supports the Celo stable value assets (initially Celo Dollar or cUSD).
The Celo Protocol automatically adds cGLD to the reserve whenever the Celo stable value asset supply increases.