Celsius (CEL) Price Prediction 2023, 2025, 2030
Does it interest you to know the Celsius (CEL) price prediction? For most people, the answer is yes. So, without further ado, in this article we’ll dive into the latest Celsius price prediction for 2023, 2025 and 2030, and its potential prospects as a long-term investment.
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Before getting deeper into the CEL price prediction and discussing numbers that might get you bored for no reason at all, let’s have a look at the basic introduction of this currency.
Celsius (CEL) Overview
| Cryptocurrency | Celsius |
| Ticker Symbol | CEL |
| Rank | 432 |
| Price | $0.1542 |
| Price Change 24H | –4.33% |
| Market Cap | $36,836,773 |
| Circulating Supply | 238,863,520 CEL |
| Trading Volume | $1,098,049 |
| All Time High | $8.02 |
| All Time Low | $0.02235 |
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What is Celsius?
Founded in 2017 in London, Celsius (CEL) was designed as a one-stop destination for DeFi financing for crypto users. The platform has three critical actors:
- Lenders: Depositors who earn interest on their account balances.
- Borrowers: Traders who trade on margin and desire to get into leveraged short or long bets.
- Celsius trading platform: The platform facilitates transactions, monitors risk and establishes trading fees.
The Celsius ecosystem is powered by two foundational pillars: the Celsius wallet and the Celsius token.
- Celsius Wallet:The Celsius Wallet is a cryptocurrency wallet that enables users to use their crypto as collateral for loans and lend their crypto to earn interest on their deposits.
- Celsius token:The Celsius token (CEL) is the utility token for the Celsius Network. It is used as a fee for borrowers of crypto assets and rewarded as interest to lenders contributing their assets. An important feature is the deployment of dollar loans using cryptocurrencies as collateral and the possibility to pay interest on these loans at a discounted rate. Since it is based on the Ethereum (ETH) blockchain, it is a token, rather than a coin. You might see references to such things as a Celsius coin price prediction, but technically speaking these are wrong.
Crypto asset holders were supposed to be able to earn up to 9% interest on their loaned crypto by moving it on the Celsius Network. Celsius said that it intended to provide a diverse range of financial solutions at competitive interest rates, ranging from one-day to one-year contracts.
Additionally, the Celsius lending protection pool was supposed to safeguard Celsius Network users who lend cryptocurrency. Celsius’s protection pool ensures any defaulted loans or stolen cryptocurrency can be promptly reimbursed.
Things Went Wrong
Unfortunately for Celsius’ investors, things went badly wrong in June 2022. As the market felt the after-effects of the previous month’s crash, more and more investors attempted to withdraw their money from Celsius, which led to it cancelling withdrawals and transfers on 13 June. In turn, this spooked the market.
According to a Medium post shared by the platform, the decision to pause transfers or withdrawals for an indefinite period of time was made to “stabilise liquidity” while it took steps “to preserve and protect assets”, prompting a backlash from customers fearing their funds could be lost.
Following this revelation, several Twitter users voiced their disappointment and complained about losing access to their cash and having liquidity concerns. As a consequence, the price and the users’ short-term confidence collapsed.
Things got even worse the following month when Celsius filed for Chapter 11 bankruptcy protection in a New York state court.
After that, though, there was another odd turn of events, as recordings emerged of a meeting that Celsius CEO Alex Mashinsky had with staff where he appeared to announce that the company was working towards a relaunch. The New York Times reported him telling employees: “Are we going to be in the dustbin of companies that were great or almost great or great for a while but disappear?”
He added: “The community is behind us.”
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Current CEL Price
At the time of writing, Celsius is trading at $0.1542 with a market capitalization of $36,836,773, ranking #432 amongst all cryptocurrencies by that metric. In the past 24 hours, the CEL price has decreased by 4.33% with a trading volume of $1,098,049.
Now let’s move on to the CEL token price prediction for 2023 and beyond.
CEL Price Prediction 2023, 2025, 2030
Below pulls together our CEL price prediction for 2023, 2025 and 2030, ensuring you have a rough idea of the coin’s future value potential:
| YEAR | MINIMUM PRICE | MAXIMUM PRICE |
| 2023 | $0.172 | $0.264 |
| 2025 | $0.483 | $0.556 |
| 2030 | $0.811 | $0.907 |
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Celsius Price Prediction 2023
If the platform welcomes a thriving userbase and a spike in the rate of adoptions and collaborations, Celsius might see impressive growth throughout 2023.
As per our Celsius price prediction 2023, Celsius is expected to reach a possible high of $0.264 by the end of 2023. On the flip side, if the project fails to commit to its expectations, the price might slip down to $0.172, with an average price of $0.201.
Celsius Price Prediction 2025
If Celsius manages to attract investors and whalestats with its developmental and community-building initiatives, Celsius price might experience a significant increase in 2025.
Our Celsius price prediction 2025 forecasts that at the very highest, Celsius price may reach $0.556 by 2025. The minimum price could be $0.483, with an average price of $0.510.
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Celsius Price Prediction 2030
The Celsius ecosystem is growing with new users and may remain viable in the long term. Our Celsius price prediction 2030 forecasts that Celsius is expected to trade between $0.811 and $0.907 in 2030.
However, please know the forecast figures are generated using our price prediction tool and in that matter, not a guarantee, that the actual price action will follow what we mentioned. Forecasts are not immune to changing circumstances and will be updated with new developments. Always do your own research and evaluate all necessary factors before making any investment.
Should You Invest in Celsius (CEL)?
It has been shown in the past that Celsius crypto can be extremely volatile.
From our Celsius price predictions and forecasts, you can tell that the coin is not going to grow at a fast pace. Rather, it will likely grow slowly over the next seven years. It is a suitable investment vehicle for patient investors who are ready to endure losses, should the bearish market continue for long. CEL’s price history inspires little confidence. If you don’t have the stomach for high-risk cryptocurrencies, this may not be the best coin for you.
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Where Can I Buy Celsius (CEL)?
Notable options for purchasing Celsius include Uniswap, BTCC and OKX. Among these, BTCC is one of the best exchanges as it witnesses a large trading volume of CEL. Compared to some large exchanges, BTCC has no regulatory concerns and is available in U.S., Canada and many other countries in Europe. Furthermore, BTCC exchange is highly recommended due to its favourable attributes such as extremely low fees, user-friendly interface, excellent customer support, and robust security measures with no reported hacks or security breaches to date.
In order to trade CEL/USDT on BTCC, you need to first register an account. And you need to have some USDT in your crypto wallet, or you can directly buy it on BTCC. Once you have USDT, you can trade CELUSDT Perpetual Contracts on BTCC with a leverage up to 50x. The transaction is safe, cheap, and fast with VERY easy steps.
What are BTCC’s specs?
Sometimes, users feel more comfortable working with an exchange if they know that the exchange has a footprint in the industry. With 12 years of stable and secure operating history, BTCC is one of the top cryptocurrency derivatives exchanges in CoinMarketCap, which boasts a wide selection of 60+ cryptocurrencies and millions of registered users, offering services in 100+ countries.
BTCC charges 0.06% for both takers and makers, which are way below the industry average. According to the largest and most recent empirical study on crypto exchange trading fees, the average spot trading taker fee is 0.2294% and the maker fee is 0.1854%.
With high liquidity, low trading fees and fast transaction speed, BTCC allows users to open a trade immediately even when the crypto markets experience a sharp rise or plunge.
Apart from crypto trading, BTCC also supports tokenized futures service, allowing users to trade stocks and commodities futures (Gold/Silver) with USDT as the margin. The maximum leverage is up to 100x.
Trading on BTCC begins with registration and log in, which only takes 30 seconds. New customers can now sign up here to get a welcome bonus of 10 USDT, and complete the KYC verification to access all BTCC’s features and BTCC bonus. Once verified, you can start trading CEL now.
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