Celer Network Price Prediction: Is CELR Worth Buying?

What Is the Celer Network price prediction today

AT A GLANCE

In 2024, Celer Network price is expected to reach $0.04632423663379517, according to some experts
2025 promises to be turbulent, with prices ranging from $0.0034612689350935863 to $0.05248422857403298, with WalletInvestor predicting a breakthrough leading to a price rise to $0.05248422857403298
By 2030, CELR price can hit $0.04632423663379517

Celer Network fundamental analysis

Project name

Celer Network

Stock symbol

CELR

Current price

0.0190493612278128

Current supply

10000000000

Official website

https://www.celer.network/#

CELR is an Ethereum-based utility token powering Celer Network – a project designed to bring high speeds to transactions and execution of smart contracts and lower their fees by handling them off the main chain, i.e. acting as a Layer 2 solution. Celer Network was founded in 2018. As of 2021, it is a part of the Polkadot ecosystem.

Celer was made to solve the same issues as many other Layer 2 networks: as smart contracts are utilized more and more, and dApp development ramps up, it becomes clearer that the existing blockchains, such as Ethereum, can’t handle the required throughput levels very well, becoming congested and expensive to use. These inefficiencies prevent the widespread adoption of blockchain technology. One way of dealing with this is to use Layer 2 solutions. Unlike many of them, Celer doesn’t run on a dedicated blockchain, instead being used as a networked platform that can be built on top of other blockchains.

CELR token is a primary means of payment of the transaction fees and is used for network maintenance, which is pretty standard for crypto projects, but it also plays several other roles in the unique economy of Celer:

To participate in State Guardian Network, users have to stake their CELR
Holders can add their coins to the liquidity pool, allowing them to earn interest through the unique Proof-of-Liquidity Commitment protocol (POLC)
Users can also put CELR into Liquidity Backing Auctions (LiBA), which allow them to get more interest on their tokens.

Celer Network live price chart

After getting through some turbulence in price surrounding CELR’s market debut in early 2019, it settled into the ~$0.002-$0.004 interval, where it remained for most of the next couple of years, until the beginning of 2021. At that point, Celer Network joined the bull run experienced by the whole market. It also made some important announcements, beginning with integration with Polkadot in January 2021. By February the same year, the price rose to ~$0.008 and later shot up from there, reaching an all-time high, which is $0.1027, in late March. Since then, CELR’s price has been experiencing high volatility, generally trending down and getting to around $0.03 by the beginning of July. However, this trend has been slow and it doesn’t necessarily look like it’s here to stay.

Celer Network technical analysis

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

Celer Network price prediction

Below we have collected the most reliable price projections for Celer Network (CELR) from popular forecast platforms.

Celer Network price predictions summary

Year

Average Price

Avg. Price / Pot. ROI

Potential ROI

2024

$0.02780762

21%

Buy

2025

$0.02296445

Sell

2026

$0.03942676

71%

Buy

2027

$0.06965365

204%

Buy

2030

$0.02812392

26%

Buy

Celer Network price prediction for 2024

As for Celer Network price predictions for 2024, there are divergent opinions. WalletInvestor expects an upturn towards $0.02191, and PricePrediction.net echoes with ~$0.03677 by the year’s end. Other experts, for example, from TradingBeast, are more pessimistic about Celer Network’s future price, citing numbers downwards of $0.01029 in December.

Potential ROI: 21% Buy

Celer Network price prediction for 2025

In their Celer Network price predictions for 2024, PricePrediction.net forecasts the coin’s price to go down to $0.009334 by December. Forecasting Celer Network future, TradingBeast expects further decrease of its price, too, saying the Celer Network price will reach ~$0.004381 by that time. On the contrary, WalletInvestor keeps predicting Celer Network price growth, quoting prices around ~$0.04338 in 2024.

Potential ROI: 0% Sell

Celer Network price prediction for 2026

Celer Network price predictions for 2024 are still predominantly positive, with some analysts promising prices in the $0.02229–$0.06289 range (PricePrediction.net, WalletInvestor), while TradingBeast takes a different view and cites the possibility of the price reaching $0.01238 in December 2024.

Potential ROI: 71% Buy

Celer Network price prediction for 2027

Both TradingBeast and WalletInvestor predict the Celer Network market to grow in 2024, resulting in $0.02591 and $0.1126 by the end of the year respectively. Other Celer Network price forecasts support the idea: PricePrediction.net forecasts Celer Network to reach $0.03524 by December 2024.

Potential ROI: 204% Buy

Celer Network price prediction for 2030

Speaking of long-term Celer Network price predictions for 2030, experts present two polar opinions. TradingBeast expresses the view that Celer Network price won’t grow further and, opposedly, will decline to $0.01486. PricePrediction.net’s price prediction for Celer Network echoes with the projection of a downtrend to $0.01333. Despite this, WalletInvestor’s vision remains positive, promising growth up to $0.04391.

Potential ROI: 26% Buy

Author

June Katz is a writer who is really interested in finance, trading, blockchain, and tech. As a SwapSpace author, she enjoys making content about crypto and other related topics.

Summary

As it can be clear from the analysis cited above, Celer Network (CELR) projections are rather contradictory. There is no universal consensus either about positive or negative future CELR price movements. Indeed, the future possible growth depends on various factors: announcements, new technological solutions of the Celer Network 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

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Celer Network Price Prediction: Which Crypto Is Better than CELR?

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