2021-10-28 16:51 |
In this guide, we will voice our own and market’s opinion on CELR future while discussing Celer Network price forecast for 2022 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 Celer Network.
Now, let’s head into it. Before we delve deep into the Celer Network price prediction and answer questions if CELR is a good investment or not, why will CELR succeed or fail or why will Celer Network price rise or drop, let’s quickly throw a glance at what is CELR and its to date history.
What is Celer Network?Launched in March 2019, Celer Network (CELR) is a Layer 2 scaling solution utilizing smart contracts and bringing transactions off-chain to provide fast and low-cost blockchain applications to major blockchains.
Use cases for CELR tokenCELR’s primary use case is as a platform currency, but it can also be used for other functions such as:
Proof of liquidity (PoLC) PoLC is a virtual mining process that provides liquidity for the off-chain ecosystem. Users who lock up CELR tokens for some time are later rewarded with more CELR tokens.State Guardian Network (SGN)SGN is a unique side chain that allows any user to submit their state before going offline to have it protected for a period of time. Users pay a fee for this protection. CELR token holders can stake their tokens to earn service fees for providing protection. CELR Price Prediction For The Next 90 DaysThe whole crypto market is currently on the verge of a real bull run. There is no broader consensus as crypto analysts are divided as some of them are still calling this market a bull trap. Others, lead by famous on-chain experts like Will Clemente and Willy Woo, are calling this a preparation stage for a face-melting bull run. As always, bitcoin has the final say and altcoins will follow suit once the flag bearer decides the direction. Right now, Bitcoin is sucking the life out of altcoins but once it settles in the new price range, altcoins will start to pump - we have witnessed this scenario dozens of times in the distanced and more recent history. Our price prediction model is bullish for the next 90 days with a hint of a bear market at the turn of the year. We expect whales and other bigger players in the market to take their profits around that time which will cause a typical and sudden crypto crash. CaptainAltcoin team created a price prediction model with a multi-faceted approach to crypto that takes into account both technical analysis and fundamental assessment of each project. Fundamentals that we evaluate are team, tokenomics, use case, community, marketing efforts, liquidity and exchange availability, hype & speculative potential and some other proprietary factors developed in our crypto lab.
Below is a tabular overview of how will CELR develop in the short-term (for the next 90 days), according to our prediction model:
Celer Network Price Prediction 2022
Majority of experts agree that this bull run will be an extended one and could last the whole 2022. CaptainAltcoin’s prediction model takes market sentiment into an account and reacts accordingly. Below is a month-by-month breakdown of 2022:
Our prediction model sees CELR reaching $ 0.682 in 2025.
What will CELR be worth in 5 years?The price of CELR in 5 years could lie around $ 0.602, according to CaptainAltcoin’s prediction model.
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