Celsius Network’s native cryptocurrency – CEL – is up almost 115% in the past 24 hours alone. It comes as the broader market has relented after last week’s disastrous fall.
- CEL is the strongest performer in the last 24 hours, with a gain of around 115%, up by 380% in the last seven days.
- At the time of writing, the cryptocurrency is trading at a little below $1.4.
- According to data from Coingglass, the move resulted in the elimination of approximately $1.78 million worth of CEL positions.
- Interestingly, the move comes because of negative news. as cryptopotato In yesterday’s report, the platform said they would not unfreeze accounts and would also pause Twitter Spaces and AMAs to focus on handling the issues.
It’s been a week since we stopped withdrawals, swaps and transfers. We want our community to know that our objective is to continue to stabilize our liquidity and operations. This process will take time. – read the statements.
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