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 purposes 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 worth on October thirty first, when the community was successfully deployed to mainnet beta. TIA can be up greater than 10% previously 24 hours and greater than 111% previously seven days.
Enterprise capitalist Chris Burniske, the founding father of Placeholder Capital, said in September that Celestia’s defining attribute is “availability.”
Celestia calls modular blockchains the “new paradigm in blockchain design,” noting that they’re specialised and optimized to carry out particular duties, somewhat than a single blockchain that’s compelled to do every part.
High international crypto alternate Binance and high US alternate Coinbase each rolled out buying and selling companies 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.
Do not Miss a Beat – Subscribe to get electronic mail alerts delivered on to your inbox
Verify Price Action
Comply with us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 
Disclaimer: Opinions expressed at The Every day Hodl aren’t funding recommendation. Traders 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 danger, and any loses chances are you’ll incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital belongings, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in affiliate internet marketing.
Generated Picture: Midjourney
