TIA Reaching all time high level! Celestial Price Prediction

Share IT

TIA is the native token of Celestia, a modular blockchain network that enables anyone to easily deploy their own blockchain with minimal overhead. Celestia has been one of the best performing cryptocurrencies in the past few months, reaching an all-time high of $19.87 on 14 Jan 2024.

In this article, we will analyze the current price of TIA, its weekly performance, its future outlook, and some of the latest news related to Celestia.

TIA Price Prediction

The price of TIA is $19.52, with a 24-hour trading volume of $452,108,145.01. This represents a 12.80% price increase in the last 24 hours and a 28.80% price increase in the past 7 days. With a circulating supply of 160 Million TIA, Celestia is valued at a market cap of $3,069,385,845 .

Tia Price Prediction

The price has broken the ascending triangle and we can see a good bounce upward. Currently, we have to wait for further PA movement.

The price of TIA has been on a strong uptrend since 31 Oct 2023, when TIA tokens were airdropped to 580,000 users and the mainnet went live. Since launching, TIA has risen more than 835% from its debut price of $2.08 to the current value of $19.52. The chart below shows the price movement of TIA in the past 90 days.

Weekly Price Analysis

In the past week, TIA has outperformed the broader market trend, as investor interest in staking TIA gained momentum alongside rising hype for the blockchain’s underlying technology.

TIA gained over 22% in the past 24 hours, bucking the muted broader market trend. TIA traded at just under $17 in the early Asian morning hours Friday before giving back some gains.

Future Outlook

The future outlook for TIA is bullish, as Celestia offers a unique value proposition in the blockchain space. Celestia is the first modular blockchain network that decouples execution from consensus by introducing a new primitive, data availability sampling. This allows developers to define their own execution and settlement environments, unlocking new possibilities for builders and developers.

Celestia is also compatible with the Cosmos ecosystem, which enables interoperability and scalability among different blockchains. Celestia is designed to be a hub for other blockchains, such as Arbitrum, Optimism, and Polygon, to leverage its data availability layer and benefit from its security and decentralization.

Moreover, Celestia has a strong community and a growing ecosystem of partners and supporters. Celestia has received funding from prominent investors such as Polychain Capital, Electric Capital, and Coinbase Ventures. Celestia also has a vibrant community of over 100,000 followers on Twitter and over 50,000 members on Discord.

News Roundup

Here are some of the latest news and developments related to Celestia:

  • Nitrogen, a public Arbitrum Orbit testnet using Celestia is Live: launch of Nitrogen, a public testnet that integrates Arbitrum and Celestia, demonstrating the potential of modular blockchains and data availability sampling.

Conclusion

TIA is the native token of Celestia, a modular blockchain network that enables anyone to easily deploy their own blockchain with minimal overhead. TIA has been one of the best performing cryptocurrencies in the past few months, reaching an all-time high of $19.87 on 14 Jan 2024.

Celestia is also compatible with the Cosmos ecosystem, which enables interoperability and scalability among different blockchains. Celestia is designed to be a hub for other blockchains, such as Arbitrum, Optimism, and Polygon, to leverage its data availability layer and benefit from its security and decentralization.

For on-demand analysis of any cryptocurrency, join our Telegram channel.

Share IT
Harsh Panghal
Harsh Panghal

Get Daily Updates

Crypto News, NFTs and Market Updates

Claim Your Free Trading Guide

Sign up for newsletter below and get your free crypto trading guide.

Crypto Products

Can’t find what you’re looking for? Type below and hit enter!

Can’t find what you’re looking for? Type below and hit enter!