CELR is the native utility token of Celer Network, a blockchain interoperability and layer‑2 scaling ecosystem that enables cross‑chain transfers, DeFi, GameFi and NFT access with fast, low‑cost transaction routing.
The token is trading very low at around ≈ $0.0026–$0.0027 USD (~৳0.32–৳0.34 BDT) as of the latest data, reflecting long‑term depreciation from its 2021 peak near ~$0.198.
CELR’s price has been broadly weak amid risk‑off crypto sentiment and macro pressure, often moving with Bitcoin rather than independent catalysts.
Despite this, active cross‑chain bridge usage and developer integrations keep some fundamental utility intact, though token demand remains subdued.
Large circulating supply (over 7.8 billion of 10 billion max) and modest burn/staking incentives make upward price pressure difficult without strong new adoption.
Analysts describe CELR as a high‑risk altcoin whose price largely mirrors broader market trends rather than project‑specific news.
@Celer Network $CELR #CELRToken
