Celer Network (CELR) is a Layer‑2/blockchain interoperability token used in cross‑chain messaging, staking, governance, and paying fees on its Secure Generalized Network (SGN).
Recent price action shows low levels around ~$0.0024–$0.0030 USD after a broader crypto sell‑off; prices are well off historical highs near $0.19.
CELR often trades with high beta to Bitcoin and altcoin sentiment, meaning it amplifies market moves and remains volatile.
Technical indicators suggest oversold conditions, pointing to possible short‑term rebounds but overall bearish structure until clear support holds.
Community sentiment is mixed — some see infrastructure growth and bridging usage as future catalysts, others call the token “quiet” with low hype.
Overall, CELR is speculative and highly volatile, best suited for risk‑tolerant traders watching technical levels and market breadth.
@Celer Network $CELR #CELRToken #celr