Today in Markets

Celestia's TIA Surges

The newly launched token is seeing huge gains
Nov 13, 20231 min read

To Infinity and Beyond? Modular data availability layer Celestia put in huge gains – its native token has more than doubled on the week! Traders are seeking out a narrative, and Celestia’s pump is cycling in attention to their vision for crypto.

By separating consensus from transaction execution, Celestia enhances networks’ scalability while decreasing costs and allowing them to maintain decentralization guarantees.

This week, the Celestia team is spreading their modular gospel at Devconnect in Istanbul. The outreach will inform more people of the benefits of modular data availability services. It could result in a continuation of the bullish price action, reminiscent of the post-Breakpoint pump Solana experienced just weeks ago….

Token unlocks for the team and investors are not scheduled to begin until October 2024, and muted sell pressure paves the way for TIA to experience further upside.

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