Back

Celo Price Prediction

An up-to-date Celo price prediction for 2023, 2024, 2025, 2026, 2030. Wondering what is the future of CELO price? Find out Celo price forecast with historical, fundamental and technical analysis.
celo-icon
Swap Tracker

Wanna get a free genesis NFT and cashback for CELO swaps?

Celo Fundamental Analysis

Project name
Celo
Stock Symbol
CELO
Current Price
0.761
Current Supply
1000000000
Official Website

CELO is a utility and governance token powering Celo network – a DeFi project dedicated to improving user experience while transferring crypto, especially on the mobile phone. Celo runs on its own independent blockchain, which went live in April 2020.

Celo supports a growing family of stablecoins like cUSD and cEUR, pegged to the values of USD and EUR respectively via an oracle. Celo wallet works by allowing a user to utilize their phone number as a public key substitute for their account, and as a result, to transfer funds essentially by “texting” them to a recipient number. This scheme is suitable not only for people who aren’t up to speed on the intricacies of crypto usage (which is, let’s be honest, most people) but also for those who for some reason can’t use more conventional means of transferring money on the go on their mobile, be it a banking app or a third-party app like Venmo. It’s also, obviously, a great solution for the people who don’t have a bank account at all (the number of whom may be as much as 1,7 billion worldwide).

CELO token is used for voting for various governance purposes, for staking, since Celo Network uses Proof-of-Stake protocol, and for transaction fees. Note that as a user- and mobile-friendly project, Celo features automatic fee calculation and accepts payments in any supported stablecoin.

Celo Live Price Chart

CELO token entered the market in May 2020 to see surprisingly little volatility, falling from ~$2.5 to ~$1.5 at first, but then consolidating around ~$1.8 for the next couple of months. In late summer or 2020, as general interest in DeFi grew, the CELO price rose almost to $4.5. This was followed by a downturn, but it wasn’t very steep: until January 2021, CELO was mostly trading at a previous level of ~$1.7-$1.8. Keeping with the general trend, CELO began the new 2021 year with a bull run, reaching an all-time high of $7.24 on April 21. The price went down hard in mid-May, around the time of a hard fork, which probably added enough uncertainty to make investors nervous, and reached a record low of ~$0.8 on May 22. After that, though, the project not only kept working well, but had some exciting announcements, for example, a confirmation of support from Andreessen Horowitz or a new partnership with Opera. This helped CELO’s price rally to ~$4.7 level in late June. However, in July CELO might be going into another downturn, but there’s no certainty about its immediate future yet.

Best fiat-to-crypto offers
usd
usd
btc
btc
Buy Crypto Buy Crypto

Celo Technical Analysis

Despite the fact that 100% accurate technical analysis for Celo cryptocurrency is hardly possible, on this advanced technical analysis tool by TradingView you can see the real-time aggregated CELO buy-and-sell rating for selected timeframe. The summary for CELO/USD is based on the most popular technical indicators — Moving Averages, Oscillators and Pivots.

Celo Price Prediction

Below we have collected the most reliable price projections for Celo (CELO) from popular forecast platforms.

Celo Price Prediction for 2023

As of the beginning of 2023, Celo price predictions are mostly pessimistic, predicting a decline to $0.72295 (WalletInvestor) and even lower, down to $0 (according to TradingBeast) by the end of 2023.
Potential ROI: -52% Sell

Celo Price Prediction for 2024

In their Celo price predictions for 2024, WalletInvestor’s forecasts the coin’s price to go above $1.14911 by December. Forecasting Celo's future, PricePrediction.net expects further growth, too, saying the Celo price will reach ~$1.31653 by that time. On the contrary, TradingBeast keeps predicting Celo price decline, quoting prices around ~$0 in 2024.
Potential ROI: 8% Buy

Celo Price Prediction for 2025

Celo price predictions for 2025 are still predominantly negative, with some analysts promising prices in the $0–$0.06088 range (TradingBeast, WalletInvestor), while PricePrediction.net takes a different view and cites the possibility of the price reaching $0.82949 in December 2025.
Potential ROI: -61% Sell

Celo Price Prediction for 2026

PricePrediction.net has only pessimism in store for the 2026 Celo price prediction, valuing Celo at $0.2283 by the end of 2026. TradingBeast agrees with a negative forecast and predicts, in turn, $0 for the same period. On the other hand, WalletInvestor’s team is more optimistic — their Celo price prediction for December of this year is just $1.46873.
Potential ROI: -26% Sell

Celo Price Prediction for 2030

Most experts are expecting a bleak future for Celo: long-term Celo price predictions promise significant decline by 2030. WalletInvestor predicts the price to reach $0.74578, while PricePrediction.net goes down for $0.51748. TradingBeast also puts not so big hopes on Celo in the long term: its Celo prediction for 2030 is $0.
Potential ROI: -45% Sell
Share your thoughts on CELO with our community!

Summary

As it can be clear from the analysis cited above, Celo (CELO) projections are rather contradictory. There is no universal consensus either about positive or negative future CELO price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Celo projects, the crypto environment in general, legal position, and so on. We kindly remind you that before investing in any cryptocurrency, it is essential to do your own research (DYOR).
Disclaimer: This article should not be considered as offering trading recommendations. The cryptocurrency market suffers from high volatility and occasional arbitrary movements. Any investor should research multiple viewpoints and be familiar with all local regulations before committing to an investment.

About SwapSpace

SwapSpace is a cryptocurrency exchange aggregator that allows to swap over 2250 cryptos with both fixed and floating rates. We gather the rates of major crypto exchanges on the market onscreen and let our users compare and choose whatever option they like the most. We don’t add any fees over the partners’ rates, which makes the exchanges via SwapSpace profitable. The exchange time is no longer than at any of our integrated services starting from 10 minutes. SwapSpace support works 24/7.

Where all instant exchangers met for your smoothest experience

Maximize profits, minimize search

Trade Celo

This pair is not available for exchange