Airdrop Celestia Token Unlock The fall of Celestia's TIA, echoed by the collapse of Blast and Berachain, reveals a predatory tokenomics cycle where hyped airdrops and massive token unlocks for founders and early VCs systematically extract value, leaving little for the community. Journalist Hassan Shittu Journalist Hassan Shittu About Author Hassan, a Cryptonews.com journalist with 6+ years of experience in Web3 journalism, brings deep knowledge across Crypto, Web3 Gaming, NFTs, and Play-to-Earn sectors. His work has appeared in... Author Profile Share Copied Last updated: August 5, 2025 Why Trust Cryptonews Cryptonews has covered the cryptocurrency industry topics since 2017, aiming to provide informative insights to our readers. Our journalists and analysts have extensive experience in market analysis and blockchain technologies. We strive to maintain high editorial standards, focusing on factual accuracy and balanced reporting across all areas - from cryptocurrencies and blockchain projects to industry events, products, and technological developments. Our ongoing presence in the industry reflects our commitment to delivering relevant information in the evolving world of digital assets. Read more about Cryptonews Once hailed as the poster child of the “modular blockchain” movement, Celestia’s native token TIA has plummeted over 90% since its 2024 peak. While initially riding the hype of a massive airdrop and promises of decentralization, the token’s steep decline is now raising uncomfortable questions about tokenomics, aggressive unlocks, and venture capital exit strategies. Launched with significant community backing in late 2023, Celestia’s TIA token was distributed to 580,000 users through one of the largest airdrops in recent memory. TIA surged to $20 in September 2024, fueled by optimism around Celestia’s architecture and adoption prospects. However, as vesting cliffs began to expire, large volumes of previously locked tokens entered circulation. According to Tokenomist data, many of... https://cryptonews.com/news/celestia-tokenomics-crisis-tia-plunges-90-after-aggressive-unlocks-is-airdrop-hype-to-blame/ #crypto #bitcoin #ethereum #cryptocurrency #news #blockchain #litecoin #cryptonews #cryptonewstoday #cryptoworld #cryptonewstoday ***NOT FINANCIAL, LEGAL, OR TAX ADVICE! JUST OPINION! I AM NOT AN EXPERT! I DO NOT GUARANTEE A PARTICULAR OUTCOME I HAVE NO INSIDE KNOWLEDGE! YOU NEED TO DO YOUR OWN RESEARCH AND MAKE YOUR OWN DECISIONS! THIS IS JUST ENTERTAINMENT! This information is what was found publicly on the internet. This information could’ve been doctored or misrepresented by the internet. All information is meant for public awareness and is public domain. This information is not intended to slander harm or defame any of the actors involved but to show what was said through their social media accounts. Please take this information and do your own research. bitcoin, blockchain, crypto, cryptocurrency, altcoin, investment, ethereum, bitcoin crash, xrp, cardano, ripple
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.