{"id":3159,"date":"2022-04-05T18:38:43","date_gmt":"2022-04-05T18:38:43","guid":{"rendered":"http:\/\/cryptoheretostay.com\/?p=3159"},"modified":"2022-04-05T18:38:44","modified_gmt":"2022-04-05T18:38:44","slug":"celo-posts-22-7-rally-on-20m-fund-launch","status":"publish","type":"post","link":"https:\/\/cryptoheretostay.com\/?p=3159","title":{"rendered":"Celo Posts 22.7% Rally on $20M Fund Launch"},"content":{"rendered":"<p> <script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"crypto\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<\/p>\n<p>Share this article<\/p>\n<p>Celo is outpacing most other assets in the market.\u00a0<\/p>\n<h2>Celo Hits Three-Month High\u00a0<\/h2>\n<p>Celo, the Layer 1 blockchain focused on \u201cmobile-first\u201d DeFi, is soaring.\u00a0<\/p>\n<p>The CELO token is up 22.7% today and briefly hit a 12-week high of $5.22. It\u2019s since cooled off, trading at $4.87 at press time.\u00a0<\/p>\n<p>Per data from CoinGecko, CELO has jumped 68.8% in the last 14 days amid a new wave of momentum in the market. Although it\u2019s still around 50% off its August 2021 high, it\u2019s is currently taking the lead in a market that\u2019s showing hints of returning to its former strength. Several other Layer 1 tokens, such as Solana, Terra, Avalanche, and NEAR, have also enjoyed rallies in recent weeks.\u00a0<\/p>\n<p>Unlike most other major Layer 1 networks, Celo is hoping to usher in mass adoption for crypto sectors like DeFi and NFTs by optimizing for mobile utility. One of its major backers is Deutsche Telekom, and it\u2019s also received funding from Andreessen Horowitz and other crypto-native firms.\u00a0<\/p>\n<p>While Celo has had an uptick over the past few weeks, one reason for the latest surge might be the Celo Foundation\u2019s announcement of \u201cConnect the World,\u201d a $20 million fund aiming to improve onramps and offramps for crypto users. The foundation is offering incentives to payment providers who integrate its new FiatConnect service, which will help users convert fiat money to crypto assets.\u00a0<\/p>\n<p>The Celo Foundation announced the new fund on the first day of Celo Connect, a two-day conference that started Monday in Barcelona. The conference is mainly focusing on the Layer 1 blockchain\u2019s ecosystem, with other developments from the event, including a new DAO partnership with PrimeDAO. The event wraps up today.\u00a0<\/p>\n<p><em>Disclosure: At the time of writing, the author of this piece owned NEAR, ETH, and several other cryptocurrencies.\u00a0<\/em><\/p>\n<p>Share this article<\/p>\n<p>The information on or accessed through this website is obtained from independent sources we believe to be accurate and reliable, but Decentral Media, Inc. makes no representation or warranty as to the timeliness, completeness, or accuracy of any information on or accessed through this website. Decentral Media, Inc. is not an investment advisor. We do not give personalized investment advice or other financial advice. The information on this website is subject to change without notice. Some or all of the information on this website may become outdated, or it may be or become incomplete or inaccurate. We may, but are not obligated to, update any outdated, incomplete, or inaccurate information.<\/p>\n<p>You should never make an investment decision on an ICO, IEO, or other investment based on the information on this website, and you should never interpret or otherwise rely on any of the information on this website as investment advice. We strongly recommend that you consult a licensed investment advisor or other qualified financial professional if you are seeking investment advice on an ICO, IEO, or other investment. We do not accept compensation in any form for analyzing or reporting on any ICO, IEO, cryptocurrency, currency, tokenized sales, securities, or commodities.<\/p>\n<p>See full terms and conditions.<\/p>\n<h3 class=\"title\">NFT Express: Your on-ramp to the world of NFTs<\/h3>\n<p>\nAt Tatum, we\u2019ve already made it super easy to create your own NFTs on multiple blockchains without having to learn Solidity or create your own smart contracts. Anyone can deploy&#8230; <\/p>\n<h3 class=\"title\">Kickstarter Faces Backlash Over Partnership With Celo<\/h3>\n<p>\nPopular crowdfunding platform Kickstarter is drawing criticism from its community for choosing to build on Celo, a mobile-centric public blockchain.\u00a0 Kickstarter Criticized For Considering a Decentralized Service On Thursday, Kickstarter&#8230; <\/p>\n<h3 class=\"title\">The Graph Expands to Polkadot, NEAR, Solana, Celo<\/h3>\n<p>\nThe Graph is adding support for Polkadot, Solana, and other Layer-1 blockchains. The Graph Expands The Graph will soon be adding support for Polkadot, NEAR, Solana, and Celo. The Graph&#8230; <\/p>\n<h3 class=\"title\">What Is Celo? Introduction to cGLD<\/h3>\n<p>\nAs Celo concludes its latest $10 million token sale, many may still be wondering what the payments platform is all about. In the following guide, Crypto Briefing will dig into&#8230; <\/p>\n<p><script type=\"text\/javascript\">\r\namzn_assoc_placement = \"adunit0\";\r\namzn_assoc_tracking_id = \"totafreearti-20\";\r\namzn_assoc_ad_mode = \"search\";\r\namzn_assoc_ad_type = \"smart\";\r\namzn_assoc_marketplace = \"amazon\";\r\namzn_assoc_region = \"US\";\r\namzn_assoc_default_search_phrase = \"bitcoin\";\r\namzn_assoc_default_category = \"All\";\r\namzn_assoc_search_bar = \"false\";\r\namzn_assoc_title = \"\";\r\namzn_assoc_rows =\"1\";\r\n<\/script>\r\n<script src=\"\/\/z-na.amazon-adsystem.com\/widgets\/onejs?MarketPlace=US\"><\/script><br \/>\n<br \/><a href=\"https:\/\/cryptobriefing.com\/celo-posts-22-7-rally-20m-fund-launch\/?utm_source=main_feed&#038;utm_medium=rss\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Share this article Celo is outpacing most other assets in the market.\u00a0 Celo Hits Three-Month High\u00a0 Celo, the Layer 1 blockchain focused on \u201cmobile-first\u201d DeFi, is soaring.\u00a0 The CELO token is up 22.7% today and briefly hit a 12-week high of $5.22. It\u2019s since cooled off, trading at $4.87 at press time.\u00a0 Per data from [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":3160,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_wp_rev_ctl_limit":""},"categories":[4],"tags":[],"class_list":["post-3159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-market-news"],"_links":{"self":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3159","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=3159"}],"version-history":[{"count":1,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3159\/revisions"}],"predecessor-version":[{"id":3161,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/posts\/3159\/revisions\/3161"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=\/wp\/v2\/media\/3160"}],"wp:attachment":[{"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=3159"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=3159"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptoheretostay.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=3159"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}