Celsius was once a popular cryptocurrency lending platform offering users interest on their deposited assets. By providing high yields, collateralized loans, low fee transactions and its own native token CEL, the Celsius Network offered multiple use-cases to investors.

This guide reviews a potential Celsius price prediction for 2022 – 2025 by looking at the platform’s recent bankruptcy filing, the CEL token’s historical performance and the current CEL price. 

Celsius Price Prediction Summary

CEL, the native cryptocurrency of Celsius, has recently experienced high levels of volatility. After filing for chapter 11 bankruptcy, CEL has corrected from an all-time high (ATH) of $8 to under $0.50 before bouncing. The sections below summarize possible Celsius price predictions for 2022 – 2025.

  • End of 2022 – By the end of 2022, CEL could back over $3 if it flips the $1.3 resistance area to support. On the other hand, further downwards momentum could lead to a price fall in the $0.7 – $0.8 levels by the end of the year. 
  • End of 2023 – The medium-term price will depend on the aftermath of Celsius’ bankruptcy and restructuring. Notably, the crypto platform’s token bounced back in August, which leads us to believe that CEL could establish a new uptrend if the rest of the crypto markets also recover.
  • End of 2025 – In the long-term, many price analysts like priceprediction.net expect CEL to trade at around $5. Due to the multiple use cases that CEL offers, the token could be a strategic buy for the long term.

Celsius Coin Price History

The Celsius Network’s crypto token, CEL, is used for taking out loans, making payments, and as a reward mechanism token on the platform. An ERC-20 token, CEL has a max supply of 695 million tokens, of which 34% are in circulation. 

CEL Price Increase 

After completing its ICO (initial coin offering) in 2018 and raising $50 million, the token began trading in April of the same year. After going live at $0.059 per token, the Celsius price traded sideways until 2020. 

Ceslius coinmarketcap

Full Celsius price history 2018 – 2022

The CEL token price showed upwards movement in August 2020, after the company raised an additional $20 million via an equity crowdfunding round. CEL increased from $0.3 to $1.025 in August 2020 – a 241% price increase. 

By the end of the year, the Celsius coin price was more than $6 – a 100x increase since its initial token launch. Eventually, CEL reached an all-time high (ATH) of approximately $8 in June 2021 across altcoin exchanges, before the bearish downtrend began.

Bearish Momentum Following Security Issues

celsiusThroughout 2021, the platform experienced multiple issues. In April, Celsius faced a security breach which led a large chunk of users’ data to be exfiltrated. A couple of months later, the Celsius Network came under fire when various US states claimed that the company’s crypto interest-bearing accounts were not registered securities offerings. 

By January 2022, the Celsius token price was trading at $3. However, the cryptocurrency faced its worst problem in June 2022, when it filed for bankruptcy. Amidst the turbulent cryptocurrency markets following the crash of TerraUSD, Celsius faced massive liquidity problems. Moreover, Celsius had lent over $8 billion to clients through its crypto lending site

This led Celsius to issue a temporary ban on withdrawals and transfers on the platform. The aftermath resulted in the CEL coin price falling to $0.3 by July 2022. Celsius has recovered to $1.3 – $1.5 and has a market cap of $315 – $350 million.

Celsius Token Price – Summary

  • CEL raised $50 million in its ICO and launched at $0.059 per token in October 2018. 
  • The Celsius token price increased to $1 in August 2020, after the company raised an additional $20 million. 
  • In June 2021, the Celsius crypto price reached an ATH of $8 – nearly a 136x return on investment. 
  • After facing security breaches and compliance-related issues in 2021, the token price fell to $3. 
  • Celsius Network declared bankruptcy in June 2022, causing the token to correct to $0.3.
  • The Celsius coin price as of September is $1.3 – $1.5, which is 5x higher than the CEL ICO price. 

Celsius Price Prediction 2022

Following its bankruptcy filings in June 2022, the Celsius Network seems to have stabilized. In the short term, the Celsius price has experienced some volatility but is now trading between the $1 – $1.4 mark. 

The $1.3 mark is acting at the current resistance levels for the Celsius coin price, as it has failed to clear these levels on the three previous occasions. A close above $1.3 could see the token receive upwards momentum. Such a scenario can trigger a short-term price increase to the $3.5 mark, where CEL was trading earlier this month. 

CEL 1-month price chart

Q3 2022 Celsius price chart

In the previous months, a failure to close above $1.3 resulted in the CEL token price trading sideways between $0.7 – $0.8. Therefore, investors will hope the token can stay above these levels to gain higher price momentum in 2022. 

Celsius Crypto Price Prediction 2023

In the medium term, investors should look closely at the aftermath of the bankruptcy filings. During mid-August, Celsius temporarily increased to $4 after the company announced that it had enough cash to last through the year. 

Chris Ferraro, the CFO of Celius network, stated that $61 million worth of matured loans would be received in the next few weeks. The company expects to be cashflow positive by 2023. Thus, the effect of the bankruptcy may not have a long-term impact on the Celsius token price. 

Since the ATH of $8 in June 2021, Celsius has been experiencing higher lows and has faced regular price corrections. 

CEL 5yr chart

Celsius token price – line chart

However, the announcement of Celsius aiming to be cashflow positive in 2023 led to a price increase from $1.33 to $4 in August 2022. While the cryptocurrency could not sustain the mini bull run, investors will be hoping for a close above $4 in the medium-term. In such a case, CEL has the potential to become one of the best crypto winter tokens, which can deliver higher returns once the crypto markets recover. 

On the other hand, the Celsius cryptocurrency could experience further sideways momentum and be stuck around the $1 price range. 

Celsius Coin Price Prediction 2025-30 Prediction

The Celsius price prediction for the long-term ultimately comes down to the use cases offered by the token. Investors can access crypto interest accounts and earn high APYs (annual percentage yields). As the CEL token acts as a collateral currency to receive loans, the token’s success will directly impact the token price. 

Moreover, investors can earn interest on Bitcoin while receiving added loyalty benefits by holding CEL. Therefore, many analysts are bullish on the Celsius coin price in the long term. For example, priceprediction.net, an AI price prediction algorithm, expects the Celsius crypto token to have an average price of $4.90 by 2025 and $29.61 by 2030. This equates to a price increase of 276% and 2,177%, respectively. 

However, there is a lot of uncertainty when predicting cryptocurrency prices for the long term. For example, Celsius is still recovering from the bear market after lending billions of dollars to investors in the previous year. Therefore, other market analysts predict bearish returns for the popular cryptocurrency token. 

Wallet Investor (WI), a trading algorithm, expects the Celsius token to drop by 91% by the end of 2025. This would put the CEL coin price at $0.11 per token. Therefore, investors should carefully review the cryptocurrency and make an informed decision on whether or not to invest in the Celsius token. 

Potential Highs & Lows of Celsius Coin

In the table below, we summarize the Celsius price predictions between 2022 – 2025. 

Year of Price Prediction Potential High Potential Low Average Predicted Price
2022 $3.5 $0.7 $2.1
2023 $4 $1 $2.5
2025 $4.90 $0.11 $2.5

What is Celsius Coin Used For?

The native cryptocurrency CEL provides multiple use cases for the Celsius Network and its users. The sections below discuss some of the uses for this popular cryptocurrency token. 

High Yields through Lending Protocols

Aiming to provide traditional borrowing and interest-earning mechanisms centralized agencies offer with fiat currencies, Celsius is a lending protocol allowing investors to earn high yields by depositing their crypto assets as collateral. 

Celsius’ lending protocol allows investors to deposit top assets like Bitcoin, Ethereum and stablecoins to earn a high APY.

What is APY in crypto? This term refers to annual percentage yield, which refers to the interest generated by staking crypto assets.

Celsius high APY

Celsius states to offer up to 17% APY on its lending protocol – which differs from crypto staking in that the yield is derived from lending out assets to institutions. 

This feature is beneficial for long-term holders looking to generate investment returns – as long as those institutional borrowers honor the loan. The Celsius Network offers this feature by leveraging CEL as a payment mechanism to receive and distribute virtual currencies. 

All the funds collected are placed into a ‘lending stake pool’, which is lent to external exchanges. The interest accumulated is then distributed back to the users. 

Borrowing

Apart from earning interest, investors can also borrow funds on the Ceslisus network. General investors can deposit cryptocurrencies on the network. The funds are used as collateral to receive loans on the Celsius platform. 

Moreover, borrowing can be conducted by traders or accredited investors, who collect the funds from the lending pools. These traders need to open accounts with a minimum balance of $10,000. This allows Celsius to collect any losses or fees. 

Finally, borrowing can be conducted by other external exchanges that work with Celsius and borrow funds from the lending stake pools. The CEL crypto coin is the governance token and even facilitates multi-blockchain transactions. Since CEL is built on the Ethereum network, the token is transferable with ETH. 

What Drives the Price of Celsius?

Before investing in Celsius, investors should look at the main factors affecting the cryptocurrency’s price. The sections below discuss some of the main reasons that affect the CEL token price: 

Platform Use-Cases

As stated above, the CEL cryptocurrency acts as a governance token for the platform. Celsius generates revenue by leveraging the token for lending, Bitcoin mining, and the trading of cryptos on the platform. 

Thus, the growth of the Celsius platform plays a close role in the positive growth of the cryptocurrency token. After collecting $50 million in its ICO and a further $20 million via crowdfunding rounds, many investors saw solid growth potential in CEL. This led to CEL’s initial bull run in 2021, which led to an ATH of $8.

Bear Market

In 2021, Celsius was one of the many top cryptocurrencies that experienced high-growth levels. However, the bear market in 2022 has led to large-scale uncertainty and volatility in the price of Celsius. 

Celsius decline

Following uncertain global conditions following regular price hikes following high inflationary data in 2022, Celsius has corrected following the crash of the popular stablecoin – TerraUSD. Therefore, investors may look to pick up the token at lower levels if they are interested in long-term growth. As seen previously, CEL has performed well when the other market leaders, such as Bitcoin and Ethereum, have experienced bull runs and strong growth. 

Recent Bankruptcy

In June 2022, the Celsius Network filed for stage 11 bankruptcy due to liquidity issues. The cryptocurrency lender was facing the heat after they tried receiving additional financing from third parties. 

CEL coinmarketcap

Recent Celsius price history

The CEO of Celsius Alex Mashinksy blamed poor asset deployment decisions as the main reason for their recent troubles. In the previous year, Celsus lent out more than $7 billion worth of assets. Due to the lending platform’s high-interest rates, Celsius offered more than it could afford. 

This resulted in a massive price crash, which saw the token fall from $2 in May 2022 to $0.3 in July. However, the company’s recent announcements claiming to be cashflow positive in 2023 led to a price recovery. 

Is Celsius the Best Coin to Buy in 2022?

While Celsius is a promising token to invest in, we recommend Tamadoge (TAMA) as the best cryptocurrency to invest in. TAMA is the native cryptocurrency of the Tamaverse – a play-to-earn (P2E) ecosystem which offers in-game crypto rewards to platform members. 

A deflationary token, Tamadoge has a token supply of 2 billion. Moreover, 5% of all TAMA spent on the ecosystem is burnt to ensure it remains a valuable asset in the long term. The token can be spent to purchase Tamadoge pets – NFTs representing dog-like avatars. Built using smart contract functionality, each NFT offers its own characteristics, weaknesses and advantages. 

The pets can be bought at the Tama store, along with other virtual items that help breed the Tama pets. Eventually, users can compete in community-wide competitions with their pets to earn TAMA as a reward. Thus, the multiple use cases make it one of the best utility tokens to watch. 

TAMA $12m presale

Celsius crypto alternative – via tamadoge.io

When investing in a token, investors are looking for long-term growth potential. As detailed in the Tamadoge whitepaper, the platform is working on several new P2E features to enhance the ecosystem. One such feature will be an AR-based Tamadoge app, which will retain the P2E dynamics of the web-based platform. Tamadoge is also looking to build strategic partnerships with other metaverse ecosystems in 2023. 

Currently, TAMA is available to buy during its ongoing crypto presale. Initially, the presale had a $10 million target after the token launched for $0.01. However, Tamadoge increased its total target to $19 million after it met its beta presale hard cap targets of $2 million in 10 days. 

Tamadoge has so far collected over $15 million and close to selling out its presale, after which it will be listed on Uniswap and LBank exchange – like CEL coin, TAMA is an ERC-20 token.

Conclusion

This guide has discussed the Celsius price prediction for 2022 – 2025. After the bankruptcy filings in June 2022, CEL fell under $1 due to uncertainty over the platform’s future. However, the token is trading at over $1.4 following Celsius’s announcement that it aims to have a positive cash flow by 2023. 

Alternatively, Tamadoge (TAMA) is one of the best cryptos to invest in. With TAMA, investors can earn rewards by trading NFTs and investing in a deflationary token that can potentially provide high returns. 

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Disclaimer

It is vital to always invest responsibly in awareness of all risks involved. Markets can be extremely volatile, so you should conduct extensive research before investing. Our site provides regular updates and diligently verifies all platforms it recommends, but you should form your own opinion and invest only what you can afford to lose. There is never any guarantee of a return on investment.