Celo
Market Open
13 Sep, 07:00
$
0. 083000
+0.004
+5.0633%
$
152,772 Volume
$ 0.079
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CELOUSD Overview
CELOUSD denotes the market price of Celo (CELO) quoted in US dollars, indicating how many USD are required to buy one CELO token. It provides a dollar-denominated valuation used by traders, investors, and market data providers.
Celo is a blockchain-based cryptocurrency project initially developed by a team including Rene Reinsberg, Marek Olszewski and Sep Kamvar; the protocol’s mainnet launched in 2020 after development beginning in 2017. The CELO token functions as the network’s native asset for governance, staking and transaction fees on a permissionless proof-of-stake platform designed with a mobile-first focus and tools for stable-value assets. The protocol does not rely on a fixed hard cap; token issuance and economic parameters are subject to on-chain governance.
The CELOUSD rate is formed by supply and demand across centralized and decentralized exchanges, order book depth, OTC trades and liquidity pools. Price movements also respond to broader cryptocurrency market trends, macroeconomic conditions such as USD strength and interest rates, on-chain activity within the Celo ecosystem, and investor sentiment.
CELOUSD matters for price discovery and risk management: it allows market participants to measure exposure in fiat terms, participate in staking or governance decisions, and execute trades or hedges. As with many crypto-fiat pairs, CELOUSD can exhibit significant volatility and liquidity varies by venue, so execution and risk controls are important.
Celo is a blockchain-based cryptocurrency project initially developed by a team including Rene Reinsberg, Marek Olszewski and Sep Kamvar; the protocol’s mainnet launched in 2020 after development beginning in 2017. The CELO token functions as the network’s native asset for governance, staking and transaction fees on a permissionless proof-of-stake platform designed with a mobile-first focus and tools for stable-value assets. The protocol does not rely on a fixed hard cap; token issuance and economic parameters are subject to on-chain governance.
The CELOUSD rate is formed by supply and demand across centralized and decentralized exchanges, order book depth, OTC trades and liquidity pools. Price movements also respond to broader cryptocurrency market trends, macroeconomic conditions such as USD strength and interest rates, on-chain activity within the Celo ecosystem, and investor sentiment.
CELOUSD matters for price discovery and risk management: it allows market participants to measure exposure in fiat terms, participate in staking or governance decisions, and execute trades or hedges. As with many crypto-fiat pairs, CELOUSD can exhibit significant volatility and liquidity varies by venue, so execution and risk controls are important.
CELOUSD Chart
Celo Adds cNGN, Expanding Its Onchain FX Stablecoin Market
Celo added cNGN, Nigeria's first regulated naira stablecoin, expanding its onchain FX market and giving developers a native local-currency asset for payments. Textile FX enables blockchain-based conversion between naira liquidity and dollar stablecoins, aiming to make cNGN part of a currency network rather than an isolated token.
Crypto-economy | 1 month ago
Tether USAT launches on Celo as second mainnet
Tether's US-focused USAT stablecoin has launched on Celo, marking its second mainnet deployment after Ethereum and extending the token to a network widely used for digital-dollar payments.
Crypto | 1 month ago
Celo ranks first in 30-day tokenholder growth among L1 and L2 chains
Celo's growth highlights the potential for blockchain adoption in emerging markets, emphasizing user acquisition strategies and tokenomics evolution. Celo ranks first in 30-day tokenholder growth among L1 and L2 chains.
Cryptobriefing | 1 month ago
CELOUSD FAQ
What is the current Celo price?
The current price is $0.083000, based on the latest trades across major cryptocurrency exchanges.
What does the price change mean?
The price has changed by +0.004 (+5.0633%), showing how much the asset has moved compared to the previous close.
What is the previous close for Celo?
The previous close was $0.079000, which serves as a reference point to measure daily performance.
How is the daily change percentage calculated?
The change percentage (+5.0633%) is calculated based on the difference between the current price and the previous closing price.
What does the daily range show?
The range reflects the lowest ($0.079300) and highest ($0.084700) prices traded during the selected period, helping assess volatility.
Why is Celo (CELO) moving today?
Price movements in Celo are driven by market sentiment, trading volume, news, adoption, and overall crypto market conditions.
Is the current trend bullish or bearish?
If the current price ($0.083000) is above the previous close ($0.079000), it indicates upward momentum. If below, it suggests a downward trend.
Where can I see live charts for Celo?
You can view real-time charts, price updates, and market data for Celo (CELO) directly on this page.
