1.1 billion expansion expansion!
Celestia (TIA), which is up nearly 55 percent in the past two weeks, will open 1.1 billion holes in the planting area.
Celestia, which has surged by nearly 55 percent in the past two weeks, will open 1.1 billion holes in the planting area. As the rise of cryptocurrencies continues, the key opening schedule of some altcoins has caused concern. Celestia, in particular, will nearly double its circulating supply after its hair price showed in September.
Although there was a shared view that unlocking could create pressure on sales, the price of $TIA rose above $6.
On October 31, 175.75 million TIA will be unlocked, which corresponds to 17.57 percent of the total supply. The opening of the lock in question represents 82.28 percent of the current market value of TIA. The unlocked coins will be distributed to the participants of the first phase of the project, research and development.
$TIA will also be allocated to those who participate in investment rounds and seed rounds. Celestia, which became popular in the last quarter of 2023, reached the $20 level in a short time. The modular network, which helps users build their own blockchains, has continued to gain traction since its launch.
