Celo Reaches Market Cap of $246.33 Million (CELO)

Celo (CELO) traded down 0.6% against the U.S. dollar during the 1 day period ending at 11:00 AM Eastern on August 20th. One Celo coin can now be purchased for approximately $0.45 or 0.00000768 BTC on major exchanges. Celo has a market cap of $246.33 million and approximately $11.34 million worth of Celo was traded on exchanges in the last 24 hours. During the last week, Celo has traded 4% lower against the U.S. dollar.

Here’s how similar cryptocurrencies have performed during the last 24 hours:

• Aidi Finance (BSC) (AIDI) traded down 2.2% against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded down 2.2% against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded 2.2% lower against the dollar and now trades at $0.0809 or 0.00000297 BTC.
• Kitty Inu (KITTY) traded 1.9% higher against the dollar and now trades at $95.84 or 0.00338062 BTC.
• Hokkaidu Inu (HOKK) traded 1.2% higher against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Jeff in Space (JEFF) traded down 2.2% against the dollar and now trades at $2.75 or 0.00010076 BTC.
• Lumi Credits (LUMI) traded up 6.2% against the dollar and now trades at $0.0148 or 0.00000025 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.
• MVP Coin (MVP) traded 13% lower against the dollar and now trades at $0.0461 or 0.00000076 BTC.

Celo Profile

Celo’s launch date was September 15th, 2017. Celo’s total supply is 1,000,000,000 coins and its circulating supply is 545,256,433 coins. Celo’s official Twitter account is @celoorg and its Facebook page is accessible here. The official website for Celo is celo.org. The official message board for Celo is forum.celo.org. The Reddit community for Celo is https://reddit.com/r/celohq and the currency’s Github account can be viewed here.

According to CryptoCompare, “Celo is a blockchain platform that aims to create a more accessible and inclusive financial system for everyone, using mobile devices and blockchain technology. The platform includes a stablecoin called Celo Dollars (cUSD) and uses a proof-of-stake consensus mechanism that allows users to participate in network validation and governance through the native token, CELO.
The CELO token is used for staking, governance, and as a means of exchange for services and products within the Celo ecosystem, while cUSD is used as a means of exchange for transactions within the platform. Overall, Celo aims to create a more inclusive financial system by enabling people around the world to participate in the global economy, regardless of their location or financial status.”

Celo Coin Trading

It is usually not currently possible to purchase alternative cryptocurrencies such as Celo directly using U.S. dollars. Investors seeking to acquire Celo should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as GDAX, Changelly or Gemini. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Celo using one of the aforementioned exchanges.

CELO/USD price chart by TradingView