CHEELEE is an online platform where you can earn money by watching short videos. It works on the mission that its users earn money while using social media.
People can earn money and have entertainment at the same time.
This platform was developed on the idea of “Attention Economy”. Human attention is valued on this platform.
People pay attention to get paid. CHEELEE uses the Gamefi mechanism to achieve this target.
The revenue generation method of CHEELEE is as follows:
- NFT sales
- In-app advertisements
- In-app purchases
- Brand collaborations
- Commission for transactions
The funds of CHEELEE are used in the following distribution channels.
- Marketing – 20%
- Ongoing development efforts – 20%
- Scaling up of business – 30%
- Provision of liquidity – 30%
So are you interested in the CHEELEE platform and would you like to learn more about it? Keep on reading this article.
What Is CHEEL Tokens?
CHEEL is the governance token of the CHEELEE network. This coin enables the users to buy digital goods from the platform.
CHEEL is the governance token that ensures voting rights to decide on innovations on the platform.
The key figures related to the market trends of the CHEEL token are given below.
Current Market Price: $18.58
Market Capitalization: $1,053,721,585
Fully Diluted Valuation: $18,555,524,022
24 Hour Trading Volume: $5,426,765
Circulating Supply: 56,787,487
Total Supply: 1,000,000,000
Maximum Supply: 1,000,000,000
CHEELEE Price Prediction (2024–2030)
The current price of the CHEEL token is $18.58. After a strict analysis of the market trends governing the price of the CHEEL token, we have compiled its short-term as well as long-term price predictions.
The short-term price prediction of the CHEEL token for the period from May to December 2024 is given in the table below.
| Year | Yearly Low | Yearly Average | Yearly High |
| May 2024 | $16.31 | $17.53 | $18.76 |
| June 2024 | $17.01 | $18.29 | $19.57 |
| July 2024 | $18.23 | $19.60 | $20.97 |
| August 2024 | $18.84 | $20.26 | $21.67 |
| September 2024 | $19.45 | $20.92 | $22.38 |
| October 2024 | $20.06 | $21.57 | $23.08 |
| November 2024 | $20.68 | $22.23 | $23.79 |
| December 2024 | $21.29 | $22.89 | $24.50 |
The long-term price predictions of CHEEL tokens for the years 2024, 2025, 2026, 2027, 2028, 2029 and 2030 are given below.
| Year | Yearly Low | Yearly Average | Yearly High |
| 2024 | $18.31 | $22.89 | $27.47 |
| 2025 | $24.94 | $31.17 | $37.41 |
| 2026 | $33.42 | $41.77 | $50.13 |
| 2027 | $44.78 | $55.97 | $67.17 |
| 2028 | $60.00 | $75.00 | $90.01 |
| 2029 | $80.40 | $100.51 | $120.61 |
| 2030 | $107.74 | $134.68 | $161.61 |
The current market sentiments are bullish with 26 technical analysis indicators predicting bullish signals and 5 technical analysis indicators signalling bearish trends. CHEEL coin has a strong bullish outlook of 84%.
The 50-day SMA and the 200-day SMA of CHEEL coin are $16.50 and $14.83, respectively.
Where and How to Buy CHEELEE Token?
You can purchase CHEEL coins on various centralised exchanges such as XT.com, LBank and CoinW.
You may follow these simple steps to buy CHEEL tokens.
- Select a reliable centralised exchange where CHEEL coin is listed.
- Create an account on the crypto exchange.
- Go to the purchase page and select CHEEL from the listed coins.
- Make the payments using a crypto wallet, debit or credit cards and bank transfer.
- Make sure that the coins you bought have been credited to your account.
- Use the coins for all transactions on the platform and store the remaining coins safely on any hardware wallet or cold wallet.
The Final Verdict
By now you might have understood that CHEEL coins are a profitable option to buy in 2024 as well as the years to follow.
The general market sentiment is bullish and the 50-day SMA and the 200-day SMA also show promising trends.
However, as you might know, cryptocurrencies are volatile assets. Their prices tend to fluctuate with the market conditions.
Therefore, all investors are advised to weigh the merits and demerits of purchasing any cryptocurrency before investing.
