Celestia Strikes: How This Lesser-Known Coin Went Berserk With 126% Price Explosion
2023年11月15日 - 1:00AM
NEWSBTC
Celestia (TIA) has hit an all-time high, making waves in the world
of cryptocurrency. It’s the first-ever modular blockchain network,
which basically means it’s a new kind of technology that’s changing
how blockchains are created and used. At the time of writing, TIA
was trading at $5.25, and registering an impressive 126% increase
in the last seven days, data from Coingecko shows. However, the
token sustained a 12.7% loss in the last 24 hours. Celestia’s
unique method separates different parts of the blockchain process,
making it easier to set up individual blockchains. This innovation
has pushed Celestia to the forefront of the evolving world of
blockchain technology. Related Reading: Solana (SOL) Shines 40%
Toward $60 As Whales Make Big Moves With a market cap exceeding
$691 million, Celestia has quickly become one of the
fastest-growing blockchains. The network, backed by OKX, recently
launched its mainnet and issued an airdrop to over 190,000 people,
despite having 610k eligible recipients. The price of Celestia TIA
had a significant decline during the past two days, dropping from
its top of $6 on Monday to a low of $4.21. However, the price
rebounded on Tuesday morning. The current value of the token is
nearing the significant halfway point to $5.50. According to
Santiment’s data, the trading volume of TIA has demonstrated
positive advancements from November 11th. As of the current moment,
the trading volume stands at $751.37 million. This was a level of
value that had not been approached since its initial introduction.
Source: Santiment A significant level of trading volume serves as
an indicator of heightened liquidity allocation towards a token,
along with a corresponding level of market interest. Related
Reading: Boom! Cronos Unleashes 57% Weekend Explosion, Beating All
In The Top 100 Crypto Ranking When examining the impact on price,
an upward trend in volume, coupled with a concurrent rise in price,
has the potential to reinforce the direction of price movement.
TIAUSD trading at $5.16 on the 24-hour chart at TradingView.com On
the flip side, Celestia’s online buzz has decreased significantly,
dropping by 55.5% in the last day, according to data from
Santiment. Despite this decline in social media chatter on
platforms like Twitter, Telegram, and Reddit, Celestia remains
prominently featured on CoinMarketCap. Source: Santiment This drop
in social volume comes after the platform launched its mainnet on
October 31, distributing TIA tokens to 580,000 eligible users
through an airdrop. The TIA token has grown remarkably, rising by
154% from its starting price of roughly $2.1, or 135% over the last
week, despite a decline in online discussions. The asset’s listing
on Binance has added to its momentum, showcasing promising
solutions for scalability that competitors like Ethereum (ETH) and
Solana (SOL) have struggled to deliver to their users. Taking a
conservative approach, it is possible that TIA may reach
approximately $11 by the end of the year. This scenario postulates
that the ongoing upward trend will soon come to an end, leading to
a subsequent phase of correction. In an ideal scenario, a
regression towards the $3.40 region might establish the foundation
for a more significant upward movement, potentially attaining a
value of $10 during the third wave and beyond $11 subsequent to a
consolidation in the fourth wave. (This site’s content should not
be construed as investment advice. Investing involves risk. When
you invest, your capital is subject to risk). Featured image from
NASA
Celestia (COIN:TIAUSD)
過去 株価チャート
から 4 2024 まで 5 2024
Celestia (COIN:TIAUSD)
過去 株価チャート
から 5 2023 まで 5 2024