A High-Flying Altcoin Poised for Uptrend: Analyst
An analyst with a significant social media following believes he has identified an altcoin that will continue to trend upward in the near term. The anonymous trader, known as The Flow Horse, recently expressed confidence in Celestia (TIA) on the social platform X, informing followers of its potential for further gains.
At the time of his forecast, Celestia was already up by more than 136% over the previous two weeks, currently trading at $5.62.
According to The Flow Horse, Binance’s recent settlement with US regulators and the subsequent resignation of its CEO and founder are also indicative of a broader trend – the unprecedented move traditional finance (TradFi) giants are making into the crypto space, given Binance’s diminished influence in the US, paving the way for more aggressive participation of the giants of traditional finance in the cryptomarket.
Hot Take
Celestia’s recent uptrend is likely to translate to more gains, so keep an eye on this fast-moving altcoin amid the accelerated traditional finance adoption, predicts a top analyst.
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