A brand-new blockchain community’s native token has skyrocketed by practically 200% because it launched on the finish of October.
Celestia (TIA) payments itself as “the primary modular blockchain community.”
The challenge 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 gasoline 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 successfully deployed to mainnet beta. TIA can also 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, fairly than a single blockchain that’s compelled to do the whole lot.
High world crypto alternate Binance and prime US alternate Coinbase each rolled out buying and selling companies for TIA shortly after the token’s launch. Different prime 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 e mail alerts delivered on to your inbox
Verify Price Action
Observe us on Twitter, Facebook and Telegram
Surf The Daily Hodl Mix
 

Disclaimer: Opinions expressed at The Each day Hodl should not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual danger, and any loses you could incur are your duty. The Each day Hodl doesn’t advocate the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please be aware that The Each day Hodl participates in internet online affiliate marketing.
Generated Picture: Midjourney