Celo South African Rand

Celo South African Rand Price

 CZARSet Celo South African Rand (undefined) Price
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Celo South African Rand Price Overview

The current Celo South African Rand price is 0.049200000 €. The price has changed by 0.22% in the past 24 hours on trading volume of 179.190 €. The market rank of Celo South African Rand is -- based on a market capitalization of NaN €. Celo South African Rand has a circulating supply of NaN CZAR. The highest recorded Celo South African Rand price is 0.050083000 €. And the lowest recorded CZAR price is 0.046430810 €.

How do Celo South African Rand price movements correlate with market trends? Check our complete cryptocurrency exchange rate page for information at a glance.

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Analysing Celo South African Rand’s price history

Before buying any cryptocurrency, it’s worth doing your homework. That means analyzing the price history to look for recurring patterns and indicators that the price of your investment is more likely to rise than to fall.

Make sure your price prediction for Celo South African Rand matches your long-term and short-term financial goals.

There are countless ways to analyse crypto price performance and make a buying decision. Two of the most commonly used are technical analysis and fundamental analysis.

Technical analysis is valuable in crypto investing even if you don’t have access to years of historical price data in the Celo South African Rand chart. For example, with many cryptos, dramatic price drops and periods of high volatility have been followed by a sustained rise to new highs. There’s no guarantee that the pattern will be sustained in the future, but if it has been consistent in the past, it’s worth considering.

In fundamental analysis, you examine economic, financial, political, and social factors that influence prices. You collect information about interest rates, gross domestic product, manufacturing data, and unemployment rates to make informed predictions about stock prices.

News events are important too, especially economic indicators. Is the national bank raising interest rates? Are fiscal conservatives being elected? Have storms or droughts disrupted agriculture, tourism, and other industries?

Most investors find it best to apply both technical and fundamental analysis techniques when evaluating a purchase or sale.

Factors influencing the Price of Celo South African Rand

Many factors affect the value of Celo South African Rand.

The Celo South African Rand exchange rate sometimes moves with changes in the wider economy. And sometimes crypto moves the opposite direction. For example, many cryptos have made impressive gains despite bank failures and economic uncertainty in international financial markets. This may indicate that investors have turned away from risky banks and turned to crypto, which has delivered historic long-term benefits.

Government regulations have a great impact on the price of Celo South African Rand and other currencies. Tax policies, regulations regarding investments, mining restrictions, government plans for official digital currencies, and other developments can move the crypto market higher or lower.

Newsmakers increasingly influence crypto prices. When a billionaire entrepreneur tweets support for a particular coin or token, the price often goes up. More and more celebrities are promoting cryptos and NFTs to millions of followers on social media. The effects of these endorsements on crypto prices cannot be overstated. Watch for mentions of Celo South African Rand in the news, monitor CZAR on X. Visit the project’s online community at Discord or elsewhere. The better informed you are, the better the decisions you will be empowered to make.

Live Celo South African Rand value and market cap

The live Celo South African Rand exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period.

The market capitalisation of Celo South African Rand is equal to the value of Celo South African Rand multiplied by the number of Celo South African Rand in circulation.

What payment methods can I use to buy Celo South African Rand

What can you do with your Celo South African Rand?

Buy Celo South African Rand with euros

Access Celo South African Rand tokens before they are listed on centralised exchanges. Get the best rates and purchase with your card or bank account, all on one platform.

Exchange Celo South African Rand

Swap some or all of your Celo South African Rand for any other crypto with ease. No crypto platform makes transactions as fast and convenient as Kriptomat.

Use Celo South African Rand

Use the Celo South African Rand you buy with the Kriptomat app to access Web3 dApps, DeFi applications, games, and NFT marketplaces.

Sell Celo South African Rand for euros

Simplify your life with the Web3 wallet that lets you sell your Celo South African Rand for euros in seconds. Easily withdraw to your bank account or bank card.

Earn Celo South African Rand

With Celo South African Rand, you can easily access DeFi with liquidity pools. Liquidity pools are funds that allow users to lend or borrow Celo South African Rand at competitive interest rates.

Hold your Celo South African Rand

Your Celo South African Rand tokens will be securely stored in your Kriptomat Web3 wallet. You can save it for a rainy day or until you’re ready to cash in.

COMPARABLE TRADE VOLUME

Celo South African Rand Price FAQ

What factors influence the price of Celo South African Rand?

Political events, the world economy, celebrity endorsements, and market news are among the countless factors that influence cryptocurrency prices. To see how Celo South African Rand tracks the overall market, check out our comprehensive cryptocurrency price page.

What is the highest price of Celo South African Rand in EUR?

Celo South African Rand price history shows that Celo South African Rand has recorded a peak value of 0.050083000 [object Object].

Price performance

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