Celo (CELO) is a mobile‑first blockchain project focused on financial inclusion and low‑fee payments; it has transitioned toward an Ethereum Layer‑2 model to improve scalability and interoperability.
As of the latest data, CELO trades around ≈ $0.17 USD (~৳14 Bangladeshi Taka) with a market cap just over $100 million, still far below its all‑time high near $10.66.
Price has shown sideways to modestly bearish movement in recent sessions, reflecting broader crypto risk‑off sentiment amid mixed volume.
Growth in real‑world usage via mobile wallets like MiniPay and partnerships (e.g., with Opera) supports long‑term utility, though execution on tokenomics reforms is key.
Community discussions around potential buyback & burn mechanisms could tighten supply and reduce sell pressure if implemented.
Traders are watching critical support near recent lows and any breakout above short‑term resistance levels for trend clarity.
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