Celo (CELO) Hits Market Capitalization of $416.43 Million

Celo (CELO) traded up 0.8% against the dollar during the one day period ending at 20:00 PM E.T. on April 16th. Celo has a total market capitalization of $416.43 million and approximately $28.76 million worth of Celo was traded on exchanges in the last day. One Celo coin can currently be bought for about $0.78 or 0.00001225 BTC on popular exchanges. In the last seven days, Celo has traded 27.9% lower against the dollar.

Here is how other cryptocurrencies have performed in the last day:

• KILT Protocol (KILT) traded down 5.7% against the dollar and now trades at $0.33 or 0.00000523 BTC.
• Aidi Finance (BSC) (AIDI) traded 2.2% lower against the dollar and now trades at $0.0000 or 0.00000000 BTC.
• Zoo Token (ZOOT) traded 2.2% lower against the dollar and now trades at $0.0652 or 0.00000239 BTC.
• CareCoin (CARES) traded down 2.2% 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 up 1.2% against the dollar and now trades at $0.0004 or 0.00000001 BTC.
• Lego Coin (LEGO) traded flat against the dollar and now trades at $0.0086 or 0.00000013 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 0.9% higher against the dollar and now trades at $0.0087 or 0.00000014 BTC.
• AXIA Coin (AXC) traded down 0.1% against the dollar and now trades at $13.43 or 0.00048094 BTC.

Celo Coin Profile

Celo launched on September 15th, 2017. Celo’s total supply is 1,000,000,000 coins and its circulating supply is 533,817,831 coins. The Reddit community for Celo is https://reddit.com/r/celohq and the currency’s Github account can be viewed here. Celo’s official website is celo.org. Celo’s official message board is forum.celo.org. Celo’s official Twitter account is @celoorg and its Facebook page is accessible 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.”

Buying and Selling Celo

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

CELO/USD price chart by TradingView