Celer Network is a two-tier scaling platform to build fast, easy-to-use and secure blockchain applications for decentralized finance applications (De-Fi) and works with smart contracts to enable free transactions.
The network runs 15 times faster than the Lightning Network, thanks to its off-chain configuration. At the same time, slow dApps on the blockchain can run 10,000 times faster thanks to the Celer network. In this way, it is possible to make instant payments with dApps, trade on exchanges without delay, and even play multi-user network games with millisecond delays. Celer Coin (CELR) is the network’s own digital currency, namely token, and enables transactions within the network.
Celer Coin (CELR), which has been declared to be 10 billion market offerings, currently has 5.3 billion units in circulation and the market value of these tokens is equivalent to approximately 131 Million USD. Celer Coin (CELR), which will reach a value of approximately 250 Million USD when the entire supply is completed, is the 179th most valuable currency in the cryptocurrency market.
Currently, 1 CELR is equal to 0.02 USD. Celer Coin (CELR), which saw its peak with a price of 0.030 USD in March 2019, has so far made 20% loss to its long-term investors, therefore it has been criticized. Celer Coin (CELR) can be traded on the Binance exchange.