A brand-new blockchain community’s native token has skyrocketed by almost 200% because it launched on the finish of October.
Celestia (TIA) payments itself as “the primary modular blockchain community.”
The mission goals to permit builders to construct blockchain-based functions for mass adoption.
Celestia’s native asset, TIA, is used to safe the community and as a fuel token for rollups. The 59th-ranked crypto asset by market cap is buying and selling at $6.49 at time of writing, up from its its preliminary $2.18 value on October thirty first, when the community was efficiently deployed to mainnet beta. TIA can be up greater than 10% prior to now 24 hours and greater than 111% prior to now seven days.
Celestia calls modular blockchains the “new paradigm in blockchain design,” noting that they’re specialised and optimized to carry out particular duties, relatively than a single blockchain that’s compelled to do all the things.
Prime international crypto trade Binance and high US trade Coinbase each rolled out buying and selling providers for TIA shortly after the token’s launch. Different high exchanges, together with OKX, Bybit, Gate.io, KuCoin, Kraken and Crypto.com, have additionally listed the brand new asset.
Disclaimer: Opinions expressed at The Day by day Hodl will not be funding recommendation. Buyers ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital belongings. Please be suggested that your transfers and trades are at your individual threat, and any loses you could incur are your duty. The Day by day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Day by day Hodl an funding advisor. Please be aware that The Day by day Hodl participates in internet affiliate marketing.
Generated Picture: Midjourney