👌👌Countdown for popular altcoin: $1.1 billion unlock! 👌👌

Celestia (TIA), which has increased by nearly 55% in the last two weeks, will unlock $1.1 billion in October.

While the rise in the crypto market continues, the unlock schedules of some altcoins are causing concern. Celestia, in particular, will almost double its circulating supply after its impressive price performance in September. While there are views that the unlock could create selling pressure, the TIA price has risen above $6.

Celestia (TIA) Unlocking is Coming

On October 31, 175.75 million TIA, equivalent to 17.57% of the total supply, will be unlocked. This unlocking accounts for 82.28% of TIA's current market value.

The coins to be unlocked will be distributed to the project's early stage participants and research and development activities. In addition, TIA will be allocated to those who participate in investment and seed rounds.

Celestia, which gained popularity in the last quarter of 2023, managed to reach the $ 20 level in a short time. The modular network, which helps users create their own blockchains, has been attracting great attention since its launch.

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