Over the last week, Celestia (TIA), a new cryptocurrency, has made significant waves in the crypto market despite a shaky price outlook. Celestia has managed to gain approximately 14% following an announcement of network upgrades. It has managed to gain traction among traders on the DTX Exchange, mainly because of its unique data storage capabilities that may soon surpass that of Ethereum, according to some experts. This uptick has even occurred as the cryptocurrency price has neared the oversold region. An analyst has predicted a potential 2,750% price explosion with a price target of $188. The modular blockchain Celestia recently went live with traders receiving TIA tokens.
Among significant news is Celestia launching Rollkit, an interchain boost, and its participation in the FCAS program that aims to accelerate next-generation SATCOM. Celestia has also announced airdrop and launch plans contributing positively to its market traction. The introduction of bonded and flex staking for TIA has now been initiated with exciting partnerships and collaborations such as Indra and Fireblocks, accelerating its promising developments further. Lastly, Celestia is preparing for an imminent mainnet launch and the company sees a future with 10,000 roll-ups, contributing to its impressive performance.
Celestia News Analytics from Wed, 27 Sep 2023 17:06:26 GMT to Tue, 13 Aug 2024 23:02:25 GMT - Rating 2 - Innovation 5 - Information 7 - Rumor 4