đđCorporate Markets Are Lining Up for This Altcoin: Coins Are Being Sold at a 50% Discount! đđ
The sale transaction, thought to have been carried out by the Celestia (TIA) team, was met with a harsh reaction in the market.
The cryptocurrency community criticized the Celestia Foundation's coin sales via over-the-counter (OTC) methods and demanded transparent explanations from the foundation. The community argued that the TIA sales were disguised as a development for financing purposes and that this led to retail investors buying.
According to information obtained by WuBlockchain, the price of TIA sales this time was determined as $ 3. One-third of the assets will be opened on October 31, while the rest will be released linearly within a year. The sale was so demanded that many institutions could not be given shares.
Investors stated that the foundation or team should have disclosed the valuation and references in a timely manner and clearly stated that this was an OTC transaction, not a financing.
Cryptocurrency analyst Ericonomic stated that sales transactions that mislead or leave investors uninformed are not welcome.
Although these harsh criticisms from the community negatively affected the TIA price, the general positive atmosphere in the market did not allow the price to fall too much. TIA, which increased by 0.1% in the last 24 hours, is trading at $6.33 at the time of writing.
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