{"id":580323,"date":"2024-09-26T10:07:40","date_gmt":"2024-09-26T10:07:40","guid":{"rendered":"https:\/\/insidebitcoins.com\/?p=580323"},"modified":"2024-09-26T10:07:40","modified_gmt":"2024-09-26T10:07:40","slug":"celo-price-prediction-celo-soars-5-after-vitalik-buterin-praise-but-experts-say-consider-this-latest-ico-for-100x-potential","status":"publish","type":"post","link":"https:\/\/insidebitcoins.com\/news\/celo-price-prediction-celo-soars-5-after-vitalik-buterin-praise-but-experts-say-consider-this-latest-ico-for-100x-potential","title":{"rendered":"Celo Price Prediction: CELO Soars 5% After Vitalik Buterin Praise, But Experts Say Consider This Latest ICO For 100X Potential"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The Celo price surged 5% in the last 24 hours <\/span><a href=\"https:\/\/www.geckoterminal.com\/celo\/pools\/0xd88d5f9e6c10e6febc9296a454f6c2589b1e8fae?token_address=0x471ece3750da237f93b8e339c536989b8978a438\"><span style=\"font-weight: 400;\">to trade at $0.6732<\/span><\/a><span style=\"font-weight: 400;\"> as of 04:28 a.m. EST on trading volume that skyrocketed 174% to $283 million.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Celo, an Ethereum scaling solution and a global payment infrastructure for cryptocurrencies, surged after co-founder Vitalik Buterin shared his positive thoughts about it on the X platform.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">This is amazing to see. Improving worldwide access to basic payments\/finance has always been a key way that ethereum can be good for the world, and it's great to see <a href=\"https:\/\/twitter.com\/Celo?ref_src=twsrc%5Etfw\">@Celo<\/a> getting traction.<\/p>\n<p>See also their recent posts:<\/p>\n<p>* <a href=\"https:\/\/twitter.com\/Celo?ref_src=twsrc%5Etfw\">@Celo<\/a> becoming an Ethereum L2: <a href=\"https:\/\/t.co\/08U7G7q69s\">https:\/\/t.co\/08U7G7q69s<\/a><br>*&hellip; <a href=\"https:\/\/t.co\/Qq7vcmZ6e3\">https:\/\/t.co\/Qq7vcmZ6e3<\/a><\/p>\n<p>&mdash; vitalik.eth (@VitalikButerin) <a href=\"https:\/\/twitter.com\/VitalikButerin\/status\/1838809754002690403?ref_src=twsrc%5Etfw\">September 25, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<h2>Celo Price Aims For Bullish Trend Continuation<\/h2>\n<p><span style=\"font-weight: 400;\">According to data from <\/span><a href=\"https:\/\/www.geckoterminal.com\/celo\/pools\/0xd88d5f9e6c10e6febc9296a454f6c2589b1e8fae?token_address=0x471ece3750da237f93b8e339c536989b8978a438\"><span style=\"font-weight: 400;\">GeckoTerminal<\/span><\/a><span style=\"font-weight: 400;\">, the Celo price was trading in a consolidation phase, within the $0.50 support zone, right before the remarks.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With Buterin&rsquo;s remarks, the price broke through this key horizontal resistance zone around $0.50, which is now acting as support (yellow box). After breaking out, the price has been accelerating upwards, as the chart shows a recent parabolic rise illustrated by the upward-sloping curve.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">CELO now trades above both the 50-day and 200-day Simple Moving Averages (SMAs), which supports the main bullish outlook.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The Relative Strength Index (RSI) is also soaring above the 70-overbought region, currently at 78, which shows that Celo could be under intense buying pressure and that the asset may be overvalued at the moment.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Moreover, the continued bullish sentiment is also supported by the Moving Average Convergence Divergence (MACD), which now trades above the neutral line. The blue MACD line also crosses above the neutral line, cementing the generally bullish outlook as it forms a bullish crossover.<\/span><\/p>\n<figure id=\"attachment_580325\" aria-describedby=\"caption-attachment-580325\" style=\"width: 1273px\" class=\"wp-caption alignnone\"><img decoding=\"async\" class=\"size-full wp-image-580325\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/Uniswap-V3-Celo_GeckoTerminal.com_CELO_2024-09-26_11-28-30.png\" alt=\"Celo Price Chart Analysis Source: GeckoTerminal.com\" width=\"1273\" height=\"532\" srcset=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/Uniswap-V3-Celo_GeckoTerminal.com_CELO_2024-09-26_11-28-30.png 1273w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/Uniswap-V3-Celo_GeckoTerminal.com_CELO_2024-09-26_11-28-30-300x125.png 300w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/Uniswap-V3-Celo_GeckoTerminal.com_CELO_2024-09-26_11-28-30-1024x428.png 1024w, https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/09\/Uniswap-V3-Celo_GeckoTerminal.com_CELO_2024-09-26_11-28-30-768x321.png 768w\" sizes=\"(max-width: 1273px) 100vw, 1273px\"><figcaption id=\"caption-attachment-580325\" class=\"wp-caption-text\">CELOUSD Chart Analysis Source: GeckoTerminal.com<\/figcaption><\/figure>\n<h2>Celo Price Prediction<\/h2>\n<p><span style=\"font-weight: 400;\">According to the CELO\/USD chart analysis of the 4-hour timeframe, Celo&rsquo;s price is in a bullish rally that the bulls aim to sustain. If the rally continues, the bulls are currently targeting $0.75.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Meanwhile, with the RSI now showing that Celo&rsquo;s price is overvalued, the bears may use this as selling pressure, which may push the price back to the $0.53 support within the 50-day SMA.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As the Celo bulls aim for a bullish trend continuation, investors are rushing to buy a new meme coin casino project called <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memebet\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Memebet Casino (MEMEBET Token)<\/span><\/a><span style=\"font-weight: 400;\">, a platform that will accept meme coins for wagering.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">That&rsquo;s a key reason why the popular YouTube channel Cryptonews, with over 10k subscribers, says that the $MEMEBET token could see a 100x pump after launch.<\/span><\/p>\n<p><iframe title=\"NEW MEMEBET TOKEN WILL 100X!! MAKE BETS WITH MEME COINS?!\" width=\"640\" height=\"360\" src=\"https:\/\/www.youtube.com\/embed\/dgqdweQeJVI?start=7&amp;feature=oembed\" frameborder=\"0\" allow=\"accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share\" referrerpolicy=\"strict-origin-when-cross-origin\" allowfullscreen><\/iframe><\/p>\n<h2>MEMEBET Token Soars Past $291K As Whales Bet Big<\/h2>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memebet\" rel=\"nofollow\"><span style=\"font-weight: 400;\">Memebet Token ($MEMEBET)<\/span><\/a><span style=\"font-weight: 400;\"> ICO is heating up, and to celebrate its early success, the project has announced massive airdrop rewards.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Early investors can be among the ten winners who will be airdropped $1,000 worth of $MEMEBET tokens as rewards for participating in the project&rsquo;s fundraising efforts and joining the fast-growing community.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">In just two weeks, the project has successfully raised over $291,000 for its innovative Telegram-based betting platform, which allows users to wager with meme coins for the first time.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Launching soon, Memebet Casino aims to transform the decentralized crypto casino landscape by integrating both the $MEMEBET Token and popular meme coins.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Catering to the &ldquo;degen&rdquo; community, Memebet Casino offers high-stakes gameplay, a global sportsbook covering major leagues like the EPL and NBA, and a diverse selection of crypto-native games.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Not the casino we deserve but the casino we need &#127920; <a href=\"https:\/\/twitter.com\/hashtag\/MemeBet?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeBet<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Presale?src=hash&amp;ref_src=twsrc%5Etfw\">#Presale<\/a> &amp; <a href=\"https:\/\/twitter.com\/hashtag\/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw\">#Airdrop<\/a> coming soon! &#128640; <a href=\"https:\/\/twitter.com\/hashtag\/Memecoins?src=hash&amp;ref_src=twsrc%5Etfw\">#Memecoins<\/a>, <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> gaming and more! &#127918;&#127942; <a href=\"https:\/\/twitter.com\/search?q=%24COIN&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$COIN<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24DOG&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$DOG<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24PEPE&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$PEPE<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SOL?src=hash&amp;ref_src=twsrc%5Etfw\">#SOL<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/RNDR?src=hash&amp;ref_src=twsrc%5Etfw\">#RNDR<\/a> <a href=\"https:\/\/t.co\/oR2xja6JFK\">pic.twitter.com\/oR2xja6JFK<\/a><\/p>\n<p>&mdash; MemeBet (@Memebetcasino) <a href=\"https:\/\/twitter.com\/Memebetcasino\/status\/1793673524747309446?ref_src=twsrc%5Etfw\">May 23, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">Players can place bets using renowned meme coins such as Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE), making it the ultimate destination for thrill-seekers and meme coin enthusiasts alike.<\/span><\/p>\n<h2>Buy MEMEBET Token, More Rewards<\/h2>\n<p><span style=\"font-weight: 400;\">By acquiring $MEMEBET Token, players unlock a range of benefits, including substantial play-to-earn airdrops, exclusive degen rewards, and VIP perks.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">Betting with $MEMEBET Token further amplifies your rewards through the platform&rsquo;s <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memebet\" rel=\"nofollow\"><span style=\"font-weight: 400;\">play-to-earn system<\/span><\/a><span style=\"font-weight: 400;\">&mdash;wager more, and the returns get even bigger.&nbsp;<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">Bro's asking the right questions &#129488;<a href=\"https:\/\/twitter.com\/hashtag\/MemeBet?src=hash&amp;ref_src=twsrc%5Etfw\">#MemeBet<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Presale?src=hash&amp;ref_src=twsrc%5Etfw\">#Presale<\/a> &amp; <a href=\"https:\/\/twitter.com\/hashtag\/Airdrop?src=hash&amp;ref_src=twsrc%5Etfw\">#Airdrop<\/a> soon &#9200; <\/p>\n<p>The number one place for <a href=\"https:\/\/twitter.com\/hashtag\/Crypto?src=hash&amp;ref_src=twsrc%5Etfw\">#Crypto<\/a> gaming and more! &#128165; &#127920;<a href=\"https:\/\/twitter.com\/search?q=%24FTM&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$FTM<\/a> <a href=\"https:\/\/twitter.com\/search?q=%24BTC&amp;src=ctag&amp;ref_src=twsrc%5Etfw\">$BTC<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/SOL?src=hash&amp;ref_src=twsrc%5Etfw\">#SOL<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Bonk?src=hash&amp;ref_src=twsrc%5Etfw\">#Bonk<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/WIF?src=hash&amp;ref_src=twsrc%5Etfw\">#WIF<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Doge?src=hash&amp;ref_src=twsrc%5Etfw\">#Doge<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/BOME?src=hash&amp;ref_src=twsrc%5Etfw\">#BOME<\/a> <a href=\"https:\/\/twitter.com\/hashtag\/Altseason?src=hash&amp;ref_src=twsrc%5Etfw\">#Altseason<\/a> <a href=\"https:\/\/t.co\/NLds73vdTX\">pic.twitter.com\/NLds73vdTX<\/a><\/p>\n<p>&mdash; MemeBet (@Memebetcasino) <a href=\"https:\/\/twitter.com\/Memebetcasino\/status\/1792226734265266188?ref_src=twsrc%5Etfw\">May 19, 2024<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">If this looks like something you don&rsquo;t want to miss, join the presale now by <\/span><a href=\"https:\/\/insidebitcoins.com\/visit\/memebet\" rel=\"nofollow\"><span style=\"font-weight: 400;\">buying $MEMEBET Token on the official website for just $0.0254<\/span><\/a><span style=\"font-weight: 400;\"> with USDT, ETH, or a bank card.&nbsp;<\/span><\/p>\n<p><span style=\"font-weight: 400;\">With a price increase coming in about 3 days, don&rsquo;t wait too long to secure the best deal.<\/span><\/p>\n<h2>Related News<\/h2>\n<ul>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/kamala-harris-vows-to-keep-the-us-dominant-in-blockchain-technology\"><span style=\"font-weight: 400;\">Kamala Harris Vows To Keep The US Dominant In Blockchain Technology<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/first-neiro-on-ethereum-price-prediction-neiro-plunges-5-as-this-meme-coin-casino-token-closes-on-300k\"><span style=\"font-weight: 400;\">First Neiro On Ethereum Price Prediction: NEIRO Plunges 5% As This Meme Coin Casino Token Closes On $300K<\/span><\/a><\/li>\n<li style=\"font-weight: 400;\"><a href=\"https:\/\/insidebitcoins.com\/news\/worldcoin-price-surges-10-as-world-id-gains-wider-adoption-and-this-pepe-2-0-ico-heads-for-16-million\"><span style=\"font-weight: 400;\">Worldcoin Price Surges 10% As World ID Gains Wider Adoption, And This PEPE 2.0 ICO Heads For $16 Million<\/span><\/a><\/li>\n<\/ul>\n                                        <div class=\"inContentProviderSingle inContentColor--insidebitcoins fc-row\">\n                        <div class=\"inContentProviderSingle--wrapper\">\n                            <div class=\"container\">\n                                <div class=\"row mb-lg-3\">\n                                    <div class=\"col-12 col-md-8\">\n                                        <p class=\"inContentProviderSingle--title\">Most Searched Crypto Launch - Pepe Unchained<\/p>\n                                    <\/div>\n                                    <div class=\"col-12 col-md-4\">\n                                        <div class=\"inContentProviderSingle--rating\">\n                                            <div class=\"rating--holder\">\n                                                <p class=\"rating--text\">Rating<\/p>\n                                                <div class=\"rating--star-container\">\n                                                    <div class=\"rating--star\" style=\"width: 100%;\"><\/div>\n                                                <\/div>\n                                            <\/div>\n                                        <\/div>\n                                    <\/div><!--\/.col-md-4-->\n                                <\/div><!--\/.row-->\n                                <div class=\"row\">\n                                    <!-- *******  Desktop Provider Logo ********** -->\n                                    <div class=\"col-12 col-md-12 text-center d-block d-sm-block d-md-none d-lg-none\">\n                                        <img decoding=\"async\" class=\"inContentProviderSingle--img mb-3\" src=\"https:\/\/insidebitcoins.com\/wp-content\/uploads\/2024\/08\/pepu.svg\" alt=\"Pepe Unchained\" width=\"125\" height=\"60\">\n                                    <\/div>\n\n                                    <div class=\"col-12 col-md-8\">\n                                                                                    <ul class=\"inContentProviderSingle--list\">\n                                                                                                    <li>Layer 2 Meme Coin Ecosystem<\/li>\n                                                                                                    <li>Featured in Cointelegraph<\/li>\n                                                                                                    <li>SolidProof &amp; 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