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Celphish Finance Set to Moon by 87% As BTC Push Above Price Range

Written By : IndustryTrends

Celphish Finance (CELP) is a new cryptocurrency and ecosystem ready to envelop the DeFi space with its unique offerings and propositions. It targets the smartphone market because it believes the internet is revolutionising society and human interaction. In a few years from now, people will be able to use holograms and the metaverse to perform great things. This is one of Celphish's reasons for entering DeFi: to contribute its quota.

Celphish Token is one way to get into the Celphish universe and access all that it has in store for crypto traders and enthusiasts across the globe. Its services will potentially set it on the path to mooning by 87% according to its project metrics in the coming weeks following the closing of its presale and seed rounds.

On the other hand, BTC, one of the top cryptocurrencies adversely affected by the 2022 crypto winter, is showing signals of pushing past its price ranges to points that could benefit long-term holders who bought when it was between $20k to $23k during the second quarter of 2022.

How High Will BTC Soar In The Coming Months?

Bitcoin (BTC) is one of the popular stores of value where institutions and individuals are betting their resources as a store of value for their assets and revenues. Which makes it one of the few cryptocurrencies that could stand negative crypto sentiments and bounce back to higher prices. Yet, investors have continually lost money betting on Bitcoin (BTC) despite the hype and investment backings, which is to show how volatile the crypto market can be.

Regardless of Bitcoin's situation at the moment, a lot of traders are excited to see that it has made significant changes in the last few weeks following the time of writing this article. Bitcoin has gained more than 20% since it fell below $19k in June 2022. It appears to be breaking the ranging points it set in April/May of 2022, which it has also continued in August at $22k to $23k. A breaking price point could set Bitcoin on a positive trend which could benefit traders and long-term hodlers.

What Positive Mark Could Celphish Finance Make To DeFi?

Celphish Finance is set to leave its mark in DeFi by creating an ecosystem of seamless protocols that aim to attract liquidity on its DEX. It does this by powering these protocols using its unique exchange token, CELP. Anyone can participate in governance or use any of Celphish's protocols which comprises the CelphishSwap and NFT marketplace.

The Celphish Token (CELP) will be used on the abovementioned protocols on Celphish Finance, and even more. So you must hold CELP to use these protocols easily. One way to do this is through private sale via presale or public sale via decentralised or centralised exchange.

Buying via presale gives you an added advantage as an early buyer of the token, and also bonuses that apply after you make your first and subsequent purchase. For instance, you get $25 and more when your referral buys CELP tokens worth up to $75 and above. The more your referrals buy, the more you earn.

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Disclaimer: Analytics Insight does not provide financial advice or guidance on cryptocurrencies and stocks. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. This article is provided for informational purposes and does not constitute investment advice. You are responsible for conducting your own research (DYOR) before making any investments. Read more about the financial risks involved here.

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