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Celestia (TIA) does not stop: It rose 15 percent in the last three days
Celestia (TIA), one of the leading projects of the airdrop craze, retained its throne by rising 15 percent in the first three days of February.
Celestia (TIA), one of the leading projects of modular blockchains, maintains its top place due to its staking system and user interest. Celestia stands out with the contributions of many crypto projects these days as it develops its ecosystem.
While the airdrop trend continues lately, new projects that will be released to the market prefer to airdrop to TIA stakers. Finally, AltLayer (ALT) announced that it will airdrop ALT to users who stake a minimum of 35 TIA.
The fact that TIA was seen as expensive and the staking difficulty increased brought criticism to light. Still, TIA rose 15 percent in the first three days of February.
Celestia (TIA) remains on the staking agenda
Celestia (TIA), which aims to reshape the architecture of blockchain technology and gained popularity with its modular blockchain structure, has become one of the most popular crypto projects of recent times.
The staking craze also contributed to Celestia's rise to prominence. Many projects have airdropped to TIA stakers and announced that they will continue to do so.
TIA was trading at $2.5 during the days it was launched. The staking frenzy and the structure of the Celestia project increased the TIA price to $20 in a short time.
TIA experienced a large price increase in a short time, which slowed down the airdrop process. TIA staking requirements have become more difficult and airdrop distribution has decreased. For this reason, it was claimed that TIA would fall out of favor.
Despite all the rumors and claims, TIA had a sensational start to February, rising 15 percent in the last three days despite the falling crypto market.
On the other hand, TIA may decline if it cannot stay in the box and encounters selling pressure. If TIA breaks below $18.20, it could pull back to $17.65. If the $17.65 support is lost, TIA may decline to $16.70.