Is temperature rising for Celsius holders with CEL being top ten in...
Even though the cryptocurrency lending company, Celsius Network has faced massive trouble in the past, the price of the token has grown by 90.30% since the beginning of August.The price started rallying around the 8 August and continued to do so till the price tested the $4.14 resistance line. Thereafter, the token proceeded to respond to the overall bearish sentiment in the market. And, it has stabilized around the $2.15 support line.
According to WhaleStats CEL in the previous 24 hours has risen to the top ten in terms of trading volume among the 500 largest ETH whales.The increasing whale interest isn’t the only thing that the CEL token has going in its favor. Well, there has been a major increase in its market cap as well.The increasing market cap coupled with a sharp rise in the volume could indicate a positive outlook for the token in the future.
The judge overseeing the Celsius bankruptcy case has given the lending firm permission to sell their newly minted Bitcoin.
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