Live Celsius Network price updates and the latest Celsius Network news.
The live Celsius Network price today is $0.25 USD with a 24-hour trading volume of $15.12K USD. The table above accurately updates our CEL price in real time. The price of CEL is down -0.64% since last hour, down -0.73% since yesterday. The live market cap, measured by multiplying the number of coins by the current price is $0.00 USD. CEL has a circulating supply of 423.42M coins and a max supply of 692.75M CEL.
What is Celsius Network?
Celsius Network Vision
Celsius believes that traditional financial institutions should not control the flow of credit to users worldwide. As such, the platform employs a proof-of-stake consensus mechanism that enables users to lend, vouch for, or borrow from one another. The goal is to create a self-governing solution for users engaged in the credit ecosystem, enhancing transparency and accountability.
CEL Token and Functionality
CEL is the official token of the platform that users can use to secure loans in traditional currency by using crypto as collateral. Members who place coins in the Celsius wallet can acquire CEL tokens as rewards for lending on thenetwork. CEL allows users to access utilities such as the ability to pay interest on loans at discounted rates and enjoy access to the platform and community.
Furthermore, the platform enables users to lend cryptocurrencies to earn interest, achieve a higher position in the community that impacts the interest gained, and receive interest rewards on crypto lending.
Celsius Network Community and Milestones
The Celsius Network has a strong community of 1 million users. Users can earn up to 17% yield on their assets and borrow currency at 1% on the platform. Additionally, the platform aims to distribute new coins to users every week.
History of Celsius (CEL)
The Celsius Network was founded in 2017, with the initial whitepaper released in Q3 of 2017. The leadership team includes Alex Mashinsky, co-founder, chairman, and CEO; S. Daniel Leon, co-founder and chief strategy officer; Nuke Goldstein, co-founder and CTO; and Roni Cohen-Pavon, chief revenue officer.
Market Cap Rank
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What is the market cap of Celsius Network?
The current market cap of Celsius Network is $105.58M. A high market capitalization implies that the asset is highly valued by the market.
What is the current trading activity of Celsius Network?
Currently, 1.65M of CEL were traded within 24 hours of time. In other words, 1.65M have changed hands within the past 24 hours through trading. That's a change of -0.73%.
What is the current price of Celsius Network?
The price of 1 Celsius Network currently costs $0.25.
How many Celsius Network are there?
The current circulating supply of Celsius Network is 423.42M. This is the total amount of CEL that is available.
What is the relative popularity of Celsius Network?
Celsius Network (CEL) currently ranks 464 among all known cryptocurrency assets. The popularity is based on relative market cap.