![](https://camelhash.s3.ap-southeast-1.amazonaws.com/currency_icon_webp/1675137174094_ee9t6f44rx_CELO.webp)
![](https://camelhash.s3.ap-southeast-1.amazonaws.com/currency_icon_webp/1675137174094_ee9t6f44rx_CELO.webp)
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![](https://camelhash.s3.ap-southeast-1.amazonaws.com/currency_icon_webp/1675137174094_ee9t6f44rx_CELO.webp)
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CELO Price Today
The live CELO price today is $0.56730380 with a 24-hour trading volume of $11,495,036.3. CELO is 2.52% in the last 24 hours.The current MyToken ranking is #143,with a live market cap of $302,835,959.86. It has a circulating supply of 533,817,831 CELO and a max supply of 1,000,000,000 CELO.
What Is CELO?
By 2025, the number of smartphone users will exceed 7 billion, But there are fewer than 100 million cryptocurrency users. According to the Celo Foundation, availability and price stability remain the two main barriers to cryptocurrency adoption. Celo's mobile-first approach fills this gap.
Key technical innovations that promote adoption include:
- Fast lightweight transactions (block headers optimized for fast mobile phone synchronization). The ability to send currency to a phone number (a lightweight identity protocol that maps the hash of a phone number to a public key -- making it easier for anyone with a mobile phone to send and receive digital currency to anyone in the world). < LI > The option to automatically deduct transaction fees and pay gas in stable currency (as low as $0.01). Stablecoin, starting with cUSD, is backed by decentralized reserves to help provide stability, transparency and auditable.
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