CELO -372.19% in 24 Hours Amid Sharp Depegging and Market Volatility

On SEP 1 2025, CELO dropped by 172.19% within 24 hours to reach $0.3087, CELO dropped by 605.59% within 7 days, dropped by 172.19% within 1 month, and dropped by 5301.34% within 1 year.

CELO has experienced a sharp and prolonged depeg from its intended stable value, triggering widespread concern across the crypto community. The token, designed to maintain a 1:1 peg with the US Dollar, has instead seen a dramatic and rapid depreciation, reaching levels that deviate significantly from its intended use case. This divergence highlights systemic risks in the algorithmic stablecoin mechanism and the broader challenges facing decentralized finance (DeFi) infrastructure.

Technical indicators reveal a clear breakdown in CELO’s pegging mechanism. Over the past 24 hours, the token has lost a staggering 172.19% of its value, a figure that has only worsened over the past seven days and one month. Analysts project that the continued decline in value may signal a collapse in user confidence and liquidity support. The one-year decline of over 5,300% underscores the long-term instability in the project’s design.