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94% of the total supply of CEL has been destroyed, with a cumulative increase of approximately 550% over 9 days

94% of the total supply of CEL has been destroyed, with a cumulative increase of approximately 550% over 9 days

Bitget2024/05/09 03:46
CEL0.00%

Bitget market data shows that CEL (Celsius) has increased by 66.94% in the past 24 hours, and approximately 550% over the last nine days, currently priced at $0.97. Public information reveals that Celsius Network has burned its holdings of 652.2 million CEL tokens, which accounts for 94% of the total supply. Based on current market prices, this is valued at approximately $83.2 million USD.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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