Crypto News – Due to significant advancements in the cryptocurrency space and the expectation of possible airdrops, investors are displaying interest in a cryptocurrency known as Celestia crypto (TIA) as the bull market picks up steam in the new year.
Celestia Crypto Airdrop Coming in the First Quarter of 2024?
As for the market’s perception of modular blockchains, Celestia’s TIA continues to be favorable. As buyers look to acquire and stake TIA in anticipation of future airdrops, it is anticipated that the airdrops by Saga and Dymension for TIA stakers will increase demand.
Mark L. Newton, Head of Technical Strategy at Fundstrat, views TIA as an alluring risk-reward cryptocurrency and predicts short-term declines before stabilizing. Saga further disclosed that more than 27,000 wallets are qualified for the $SAGA airdrop if they staked more than 23 TIA in January 2023.
TIA rally above two prior highs since December 2023 shows why it’s likely still correct to be bullish on modular blockchain Celestia, despite its gain of more than 500% since inception last October. Technically speaking, its rise has played out in a very rhythmic three-wave advance thus far, followed by probable Elliott-wave style wave 4 consolidation since last month.
Newton
TIA’s Rise is Similar to that of the SOL
The cryptocurrency industry has been talking a lot lately about TIA. The cryptocurrency is now trading at $16.52 as of the time of writing. Moreover, after November 10, TIA’s price climbed, setting a new record high of $12.47 in December 2023. CryptoGodJohn, meanwhile, hypothesized that the movement is similar to Solana (SOL).
$TIA giving early 2021 $SOL vibes before it went parabolic.
CryptoGodJohn
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