⇘ Celestia's TIA in a Whirlwind Ride: Triumph and Turbulence

The collection of news updates suggests a fluctuating period for Celestia's TIA token. Initial projections touted the potential growth of the token up to $20.52 by 2030, and predictions suggested the possibility of reaching $10 between 2025 and 2030. Light was also shed on a bullish RSI divergence stimulating the chances of a channel breakout. This was soon followed by the report of Polychain making $80 million from selling Celestia staking rewards.

However, several controversies also struck Celestia, with allegations of insider trading and token drawdown. This led to price drops of up to 95%, sparking widespread criticism among the community. The price reached an all-time low after an 86% decline, and there was no clear indication of a lifeline.

Despite the criticism, Celestia sustained, underpinned by a $100 million reserve, as the company's co-founder defended the project. Encouragingly, the TIA token saw an increase of 14%, following the announcement of Celestia's $100 million war chest, indicating a potential recovery and a boost to undo the death cross. The company received $100 million capital led by Bain Capital Crypto. Still, the Celestia token fell to below $4.30, failing to avert a new all-time low. However, the token managed to consolidate as the key support zone remained firm.

Celestia News Analytics from Mon, 02 Sep 2024 07:00:00 GMT to Wed, 02 Jul 2025 14:48:22 GMT - Rating -5 - Innovation 8 - Information 6 - Rumor 5