Celestia (TIA) Price Surge: A Rewarding Opportunity for Stakers
The recent surge in the price of Celestia (TIA) has caught the attention of crypto investors, especially amidst the current climate of uncertainty surrounding the SEC’s decision on Spot Bitcoin ETFs. Despite this uncertainty, TIA has reached new all-time highs, experiencing an impressive increase of nearly 800% from its lows in 2023.
Celestia Stakers Reaping The Rewards
One of the main factors driving the increased interest in Celestia is the series of airdrops being offered to TIA stakers. These stakers are being rewarded for their commitment to securing the network, with multiple projects confirming upcoming airdrops.
The recent Dymension airdrop, which distributed DYM tokens to TIA stakers, has generated significant buzz on social media platforms. With nearly 300,000 claims already made, there are still many tokens yet to be claimed.
Other projects, such as SAGA and Milky Way, have also confirmed airdrops for TIA stakers. This influx of airdrops has led to a surge in demand for TIA tokens as investors rush to purchase them for staking purposes. As long as this excitement continues, it is expected that the TIA price will continue to reach new highs.
TIA Price Reaches New All-Time Highs
In the past day, Celestia’s token price has experienced significant gains, surging over 20%. This remarkable rally follows a flash crash that caused market turbulence but ultimately recovered.
At present, the TIA token has reached a new all-time high price of $17. This marks an astounding 800% increase from its October 2023 lows of $2. The trading volume for TIA has also seen a notable rise, with a 95% increase in the past 24 hours, bringing the volume to $892 million according to CoinMarketCap.
The altcoin’s price has shown remarkable growth, currently standing 96% higher than it was 30 days ago and 36% higher than it was seven days ago.
Hot Take: Celestia’s Surge Reflects Growing Interest in Staking Rewards
As the Celestia (TIA) price continues to soar and reach new all-time highs, it highlights the growing interest among investors in staking rewards. The multiple airdrops offered to TIA stakers have created a sense of excitement and urgency, prompting investors to buy TIA tokens for staking purposes.
This surge in demand has resulted in significant price gains for TIA, making it one of the top-performing cryptocurrencies recently. With the anticipation of more airdrops and increasing participation in staking, Celestia’s upward trajectory is likely to continue until it reaches its peak.
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