Celo: Cashback Shifts to MiniPay After Mainnet Close | Flash News Detail | Blockchain.News
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5/15/2026 4:11:00 PM

Celo: Cashback Shifts to MiniPay After Mainnet Close

Celo: Cashback Shifts to MiniPay After Mainnet Close

Celo ends six-year mainnet cashback but sustains 5% rewards on MiniPay app with CELO at $0.09 amid oversold RSI and bearish MACD.

Source

Analysis

Celo wrapped its cashback campaign celebrating six years since mainnet launch, yet 5% rewards remain live on the Squidrouter-powered Mini App inside MiniPay.

Traders buying $6 of CELO and holding receive $1 cashback at 12am GMT, part of the 180K+ CELO pool distributed to participants.

With CELO price testing lower Bollinger support at $0.09 while RSI(14) sits at 24.25 in oversold territory and MACD signals a bearish death cross, the flat EMA50 and EMA200 confluence at current levels points to exhausted selling that could trigger a short-term relief bounce before any broader continuation.


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