Celestia’s native token, $TIA, has witnessed an impressive surge as it comes to another all-time price high of $6.45. This is with a remarkable 10% increase in the last 24 hours. Notably, this surge follows the expected successful launch of Celestia’s mainnet on October 31th, 2023.
Of course, the mainnet launch was a vital moment for Celestia. This is because it creates elevated degrees of anticipation inside its community. Furthermore, top exchanges like Coinbase, Binance, Gate.io, and Mexc has also expressed their support for Celestia. This is shown in how fast they all embraced the $TIA token well ahead.
Celestia is effectively functioning as a modular data accessibility network that scales securely with user numbers. Also, by simplifying the process of launching individual blockchains. This is as it has been getting forward movement and adoption in the crypto space. Consequently, the new surge in $TIA’s price only shows the positive reception and developing interest from investors.
Kicking off Modular Day in Istanbul with a modular meetup 🧱 pic.twitter.com/c3J1BuJIgd
— Nick White 🤳✨ (@nickwh8te) November 13, 2023
Progressively, adding to the energy, Celestia also successfully concluded the Modular Day event in Istanbul on Monday, November 13th. Of course, this event gave a much needed platform to showcase its capabilities and seal off more cooperations.
Additionally, despite its newness into the crypto space, $TIA has currently swiftly climbed the ranks and presently holds the 60th position by market cap. Notably, this fast increase speaks of the project’s strength and the enthusiasm it has received inside the industry.
Conclusion
Finally, as Celestia continues to make progress in adoption, the new surge in $TIA’s price reflects the developing confidence for the project. Also, the successful mainnet launch, strong exchange support, and dynamic community engagement position Celestia as a top player in the blockchain industry.
Disclosure: This is not trading or investment advice. Always do your research before buying any cryptocurrency or investing in any service.
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