📈 Celestia (TIA) Surges 25% Amidst Upcoming Token Unlock: What’s Next? 📈
Celestia (TIA) has seen a remarkable increase of over 25% in the past month. However, investors should be aware that in just one month, around 175 million TIA tokens—equivalent to 16.5% of the total supply—will be unlocked on October 31st, with a current valuation of $1.1 billion.
Interestingly, despite this potential monetary inflation of approximately 82%, TIA's price remains largely unaffected.
This situation presents two possible scenarios:
1️⃣ Market Anticipation: The market may have already factored in the upcoming increase in token supply, as this information has been known for some time, leading to a preemptive adjustment in price.
2️⃣ Market Apathy: Alternatively, it could be that the market is simply indifferent to fundamental factors surrounding the token.
While I lean towards the first possibility, I can’t help but feel that there's a significant element of the second at play as well.
What are your thoughts on this?
