Most of these projects have low market capacities and there is sufficient liquidity support to make continuous growth possible, but in such currencies, you will find that it is easy for the price to collapse if there is not enough additional liquidity paid for the project.
I am wary of such currencies because the possibility of a price collapse is greater, follow the platforms and make sure that there are no price manipulation or attempts to establish the price, and then and after making sure that the project has a future, you can enter the market.
Otherwise, it is best to avoid long-term investment in it and try to keep the term not exceeding a week.
Topic: Any idea why Celsius Network (CEL) had seen steady growth in the past 7 month? (Read 119 times)
December 24, 2020, 07:32:39 AM
December 24, 2020, 03:36:14 AM
Aside from visiting their twitter account. You can search for related news why it's been like that. And here are those news that I've found that have helped CEL to be steady as you say.
1. Celsius Network Partners with Chainalysis To Confirm Audit of $3.31 Billion in Assets
2. Confident Celsius Network takes aim at the banks
3. Bitcoin Price Could Hit $500,000 ‘Very Quickly’ Says Celsius Network CEO
Excluding the recent bullish run that we're getting from bitcoin, these news helped CEL to become steady.
1. Celsius Network Partners with Chainalysis To Confirm Audit of $3.31 Billion in Assets
2. Confident Celsius Network takes aim at the banks
3. Bitcoin Price Could Hit $500,000 ‘Very Quickly’ Says Celsius Network CEO
Excluding the recent bullish run that we're getting from bitcoin, these news helped CEL to become steady.
December 23, 2020, 05:40:36 PM
I registered at Celsius for their deposit bonus (I think it was over $120 worth of BTC) just over a year ago, at the time CEL price was still low, though, steady. The bonus wasn't enough to entice me to have interests paid in CEL. Instead I opted in for other platforms that paid interest in whatever coin I deposited.
Without paying much attention to CEL in the past year or so, I noticed CEL price is racing to the moon. I have read that the DeFi boom and BTC strength are, in part, responsible for this but what are some other reasons that could've fuel this 6 month bull run? Did the company announce anything eye catching? Are they doing something differently? Very interested to learn more.
Without paying much attention to CEL in the past year or so, I noticed CEL price is racing to the moon. I have read that the DeFi boom and BTC strength are, in part, responsible for this but what are some other reasons that could've fuel this 6 month bull run? Did the company announce anything eye catching? Are they doing something differently? Very interested to learn more.
Try to check out their Twitter: https://twitter.com/CelsiusNetwork
You can find various updates about progress and other things.
When it comes to growth then it all matters with the demand because it cant just go up without any viable reason.
Applies the same into other projects as well when it comes to growth.
December 23, 2020, 12:34:14 AM
I registered at Celsius for their deposit bonus (I think it was over $120 worth of BTC) just over a year ago, at the time CEL price was still low, though, steady. The bonus wasn't enough to entice me to have interests paid in CEL. Instead I opted in for other platforms that paid interest in whatever coin I deposited.
Without paying much attention to CEL in the past year or so, I noticed CEL price is racing to the moon. I have read that the DeFi boom and BTC strength are, in part, responsible for this but what are some other reasons that could've fuel this 6 month bull run? Did the company announce anything eye catching? Are they doing something differently? Very interested to learn more.
Without paying much attention to CEL in the past year or so, I noticed CEL price is racing to the moon. I have read that the DeFi boom and BTC strength are, in part, responsible for this but what are some other reasons that could've fuel this 6 month bull run? Did the company announce anything eye catching? Are they doing something differently? Very interested to learn more.
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