CeloGold (CELO)
Celo is an open platform that makes financial tools accessible to anyone with a mobile phone. The system offers a stablecoin called Celo Dollars and a governance token called Celo Gold(CELO or cGLD).
1. CELO Basic Info
| Symbol | CELO |
| Name | CeloGold |
| Web Site | https://celo.org/ |
| Wallet | -- |
| Source | -- |
| Explorer | https://explorer.celo.org/ |
| Forum | -- |
| Mining | |
| Supply | 1000000000 |
| Available Supply | 565268000 |
| Market Cap | 185181796.8 |
| White Paper | -- |
| Is ICO | None |
| Raised Funds | - |
| Distribution | - |
| Algorithm | -- |
| Proof | -- |
| Total | 1000000000 |
| Release Date | 2020-05-14 |
2. CELO Technical Info
2.1 CELO Kline Chart Price
2.2 CELO Technical Analysis
The price is expected to continue a short-term bearish trend. The immediate resistance level is around 0.328, the price is expected to test this level. If it can t break through, a further decline is expected. If the price breaks through the 0.328 resistance level, it could rise to the 0.334 level. However, the overall trend remains bearish. The trading volume indicates that the selling pressure still is heavy.
3. CELO News Info
3.1 CELO News List
- 20250312
Coinbase to Support Celo Migration đ - 20250310
Binance will adjust the collateral ratio of some assets such as CELO in the unified account đ - 20250305
Celo: Mainnet upgraded to Ethereum L2 on March 26 đ
Celo will activate a hard fork to transition to Ethereum L2 on March 26 đ
3.2 CELO News Analysis
The provided data suggests a significant shift for Celo within the cryptocurrency landscape. Key events, including a mainnet upgrade to Ethereum L2 and a hard fork on March 26th, point towards a technological evolution and potential scalability enhancements. Market reactions, reflected by Binance s adjustments to collateral ratios for Celo, along with Coinbase s support for the migration, indicate growing institutional interest and a possible surge in trading activity. This convergence of technical advancements and exchange support creates a favorable environment for Celo s adoption. The future trajectory indicates that Celo is poised for a period of growth and integration within the wider Ethereum ecosystem. The next few weeks are critical in defining the success of this transition.
