Traders Teleport to Celestia (TIA) After 140% Blast Off – Here’s Why

Celestia (TIA), a modular blockchain network, has seen its token price surge over 140% in the past week amid growing attention after crossing the key $3 price level.

TIA was trading around $2.50 last week when crypto analyst VIKTOR highlighted its potential in a tweet, noting the coin’s modest $2.5 billion fully diluted valuation compared to other layer 1 networks. However, TIA went largely unnoticed by the broader crypto community at that price point.

That all changed once TIA decisively broke through the $3 mark. As VIKTOR observed, this psychological trigger catalyzed a spike in interest and tweets about Celestia. The coin’s breakout price discovery as a mid-to-large cap asset focused the market’s attention.

Source: CoinStats – Start using it today

This phenomenon of prices driving narratives is common in crypto – once an asset’s price starts moving, it grabs speculators’ interest. As momentum builds, FOMO kicks in and can lead to parabolic price rises.

Celestia seems to be benefiting from this dynamic. After drifting between $2-$3 for months, its surge past $3 made traders take notice. Volume picked up and buy orders flooded in, sending TIA as high as $5.50 – a 140% weekly gain.

But what exactly is behind this newly popular blockchain? Celestia bills itself as the first modular blockchain network, designed to make it easy for anyone to deploy their own customizable blockchain. It uses a novel approach called data availability sampling to achieve scalability, rather than imposing execution/settlement constraints.

This modular open architecture gives developers extensive flexibility. They can define their own execution and settlement logic while still leveraging Celestia’s robust underlying consensus and security.

Check $RECQ Meme Coin

Sponsored: Invest Responsibly, Do Your Own Research.
Serves as the base currency for all transactions within the Rebel Satoshi platform
ICO stage, offering tokens at a discounted price
Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.


Petar Jovanović
Petar Jovanović

As the Head of Content at Captainaltcoin, I bring years of experience in the crypto industry. With a strong belief in the potential of the web3 market since 2017, I'm passionate about sharing valuable insights and knowledge. Feel free to connect with me on LinkedIn and let's discuss the exciting world of cryptocurrencies and decentralized technologies!