In this guide, we will voice our own and market’s opinion on CEL future while discussing Celsius price forecast for 2024 and beyond.
Please bear in mind that you should take this and any other prediction with a grain of salt since predicting anything is a thankless task, let alone predicting the future of a novel, highly volatile financial asset like Celsius Network.
Now, let’s head into it. Before we delve deep into the Celsius price prediction and answer questions if CEL is a good investment or not, why will CEL succeed or fail or why will Celsius price rise or drop, let’s quickly throw a glance at what is CEL and its to date history.
What you'll learn 👉
What Is the Celsius Network?
The Celsius Network is a financial technology (fintech) platform that offers interest-bearing savings accounts, borrowing, and payments with digital and fiat assets. It operates on an economic model that challenges conventional banking models while prioritizing the Celsius community.
What is Celsius Token?
Celsius (CEL) was launched in June 2018 by Alex Mashinsky. It is a cryptocurrency token that provides a one-stop shop for banking and money transfers. It is intended to make wallet-style payments, loans, and award prizes for investing in cryptos. The users get paid out on a monthly basis and earn interest on their investments.
Anyone with a smartphone can use the Celsius Network. Unlike a bank, CEL simplifies the payment and investing processes for users while challenging traditional banking practices. Users receive 80% of the profits as an incentive, while the remaining 20% is used to fund other projects. The Celsius Token does not require a minimum amount to earn interest, and this policy puts traditional banking services to the test. The Celsius Network provides a completely distinct cost structure in the way you operate and maintain your assets, with less constraints and greater rewards.
CEL Price Prediction For The Next 90 Days
As the first few months of 2024 concluded, we can say that this year has started on a high note for the cryptocurrency industry, marked by significant milestones and growing enthusiasm. Following the landmark approvals of Bitcoin ETFs, there has been a noticeable surge in interest from both retail and institutional investors, signaling a robust period of growth and acceptance for digital assets. These developments have not only bolstered investor confidence but have also hinted at a maturing market that is increasingly aligning with traditional financial systems. With the regulatory landscape beginning to stabilize and provide clearer guidelines, the cryptocurrency market is poised for a transformative year, potentially setting new benchmarks for adoption, innovation, and investment. Bitcoin ETF approvals were done in early January, setting a positive tone for the market. Analysts had predicted the SEC would decide on Bitcoin ETF applications potentially catalyzing industry growth. The approvals have been seen as a significant step towards mainstream acceptance and have sparked optimism among investors and traders alike. Now, attention is turning towards post-halving rallies, with the BTC halving now behind us. Bitcoin has almost tripled in price since last summer, with the recent Wall Street earthquake and the upcoming halving expected to further boost Bitcoin, Ethereum, and the broader crypto market. Bitcoin is trading around $60k now, after it hit a new ATH of $73k in March. Ethereum has also grown following ETF approvals, with many anticipating ETH ETF approvals could be next. Ethereum is trading around $3,000 and still has not broken its ATH from the 2021 bull run. Investors are hopeful this will happen soon. The majority of investors, traders, and crypto influencers are hopeful that the real crypto bull run will finally commence, bolstered by the recent ETF approvals and anticipation of the upcoming Bitcoin halving event. Bitcoin ETFs, a growing meme coin, AI crypto coins, and RWA mania have helped the bull run to gain momentum. The total market cap (TMC) is now $2.2 trillion.
Below is a tabular overview of how will CEL develop in the short-term (for the next 90 days), according to our prediction model:
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Celsius Coin Price Prediction 2024
The cryptocurrency market has shown promising signs for gains in the first few months of 2024, with Bitcoin leading the charge. BTC has first seen an impressive gain, hit new ATH of around $73k in March, but then retraced to the current levels in the $60-65k area. Total market capitalization is currently at around $2.3 trillion (it around $1 trillion in June last year).
This resurgence is buoyed by several factors, including the approval of Bitcoin spot ETFs in early 2024, which has played a pivotal role in attracting institutional investors and boosting market confidence. Moreover, Bitcoin halving is now behind us, but BTC price didn’t perform well around this event (post-halving retracement mentioned above).
However, the growing interest in various cryptocurrency sectors, such as meme coins, real-world asset (RWA) coins, and AI crypto coins, has also contributed to the bull run, showcasing the market’s evolving nature and its ability to adapt to new trends and technologies. Coins such as RNDR or ENA produced nice gains.
Looking ahead, the market is poised for what many experts believe could be a prosperous period. The potential approval of Ethereum ETFs later in the year is another eagerly awaited development, which could further validate the cryptocurrency market and attract a new wave of institutional investment. All in all, the whole crypto community is preparing for the next leg up in this bull run.
CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown for the next 12 months:
CEL Price Prediction 2025
Our prediction model sees CEL reaching $0.9254 in 2025.
What will CEL be worth in 5 years?
The price of CEL in 5 years could lie around $0.8496, according to CaptainAltcoin’s prediction model.
Celsius Network Price Prediction 2030 – 2040
What Celsius will be worth in 2030?
Our forecasting model sees Celsius reaching $2.31 in 2030.
What Celsius will be worth in 2040?
Our forecasting model sees Celsius reaching $4.63 in 2040.
Will Celsius replace / surpass / overtake Bitcoin?
No, Celsius will not replace or overtake BTC.
Can Celsius reach $10?
Yes, Celsius could reach $10 by the end of 2025.
Is Celsius worth buying?
We are advocates of moderately risky investing – invest most of your crypto portfolio in BTC (50%); 35% in a basket of big cap coins and the rest in small projects with huge upside. So, in this context, Celsius is worth buying.
Is Celsius a good investment?
Celsius is, just like all other cryptocurrencies, a risky investment. It does have higher probability of going up than down because of the good use case, well-designed tokenomics, active community and a solid team behind it.
How much will Celsius be worth?
For the short-term future, it could reach $0.3814. In the long-term (8-10 years), it could jump to $2.31 or even higher.
Why will Celsius succeed and go up in price?
Celsius has a good use case, well-designed tokenomics, active community and a solid team behind it. All of these are a prerequisite for success and that is why our prediction model sees Celsius rising up to $2.31 in 2030.
Why will Celsius fail and drop in price?
Crypto projects fail for various reasons. Some of the most common ones are: team goes rogue and abandons the project, regulators declare it illegal and press exchanges to delist it, lack of media attention, more successful competitors, lack of well designed marketing strategy, losing community support, potential vulnerability in the protocol, failing to achieve anticipated minimum developement activity on the protocol, failing to attract new developers to build on their platform.
How high will Celsius go?
Our forecasting model sees Celsius price exploding and reaching $4.63 in a distant future.
What is the short-term prediction for Celsius?
Celsius will reach $0.3814 in the next 90 days, which is a 38.8% change over the current price which hovers around $0.6232.
Can Celsius make you a millionaire?
Yes, if you buy large enough sum of it. Do not expect to invest $100 and become a Celsius millionaire. But 100x price explosions are a common sight in crypto, so a $10k investment in Celsius could make you a millionaire.
Celsius Price Prediction Today - What will be the price of Celsius tomorrow?
Celsius will hover around $0.6849 tomorrow.
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