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July 11, 2024

A Stellar Surge on the Horizon: Celestia (TIA) Poised for a 231% Rally, Says Top Crypto Trader

Natasha Fernandez
Written byNatasha FernandezWriter
Researched byNikos PapadopoulosResearcher

Key Takeaways

  • A notable crypto trader predicts a massive rally for Celestia (TIA), anticipating a 231% increase in value.
  • Modular blockchains, led by pioneers like Celestia, are highlighted as a significant innovation in the crypto space.
  • The trader also maintains a bullish outlook on Bitcoin (BTC), forecasting new all-time highs by October 2025.

In the ever-evolving world of cryptocurrencies, where fortunes can turn in the blink of an eye, a closely watched crypto trader has cast a spotlight on Celestia (TIA), predicting a bullish future for the modular blockchain network. The pseudonymous trader, known as Criptopaul, has taken to the social media platform X to share his insights with an audience of 109,000 followers. According to Criptopaul, TIA is poised for a monumental rally that could see its value soar to $24, marking a more than 231% gain from its current standing.

A Stellar Surge on the Horizon: Celestia (TIA) Poised for a 231% Rally, Says Top Crypto Trader

Criptopaul's confidence in TIA stems from his strategic accumulations of the asset, especially after a significant drop from its all-time high (ATH). He believes that the current price level presents an excellent buying opportunity, emphasizing the potential for further accumulation should prices dip to $5 again. The trader's enthusiasm for modular blockchains like Celestia is palpable, citing their innovative approach as a reason they are "here to stay."

"I accumulated a large amount of TIA here after predicting a significant drop during its past ATH and the previous great hype caused by its novel on early stage. Itā€™s exactly at the level where I thought it would be a great buying opportunity; I will accumulate more if we see $5 again here. But modular blockchains are here to stay thanks to their innovation, and Celestia is a pioneer in this."

The advent of modular blockchains marks a new chapter in the development of decentralized technologies. Criptopaul suggests that as this sector matures, user adoption and developer skills will inevitably follow, potentially ushering in a new era for decentralized finance (DeFi). This shift could reinvigorate the DeFi landscape, currently dominated by protocols built on Ethereum Virtual Machine (EVM)-based blockchains.

At the time of writing, TIA is trading at $7.24, having experienced a noteworthy 19% increase in the last 24 hours. This price action seems to underscore the growing interest and optimism surrounding Celestia's potential.

Beyond Celestia, Criptopaul also shared his outlook on Bitcoin (BTC), the flagship cryptocurrency. Despite recent corrections pulling BTC down into the $50,000 range, the trader remains bullish. His analysis points towards a continuation of the bull cycle, with Bitcoin potentially reaching new ATHs around $100,000 by October 2025.

"We are only halfway there. Pause now. Relax. Enjoy next wave in coming months. Donā€™t forget to take profits during pico top of euphoria, just when each memecoin goes to a billion market cap in a few months, when your old college friend asks you how to buy Bitcoin, etcetera."

Presently, Bitcoin trades at $57,935, marking a more than 2% increase in the last 24 hours. This optimistic stance from a respected trader adds to the anticipation and excitement within the crypto community, eagerly watching the market's next moves.

Stay tuned, and don't miss a beat in the fast-paced world of cryptocurrencies. Follow us on X, Facebook, and Telegram for the latest updates and insightful analyses.

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About the author
Natasha Fernandez
Natasha Fernandez
About

Natasha "CryptoQueen" Fernandez bridges the gap between blockchain buzz and casino charisma. From New Zealand's serene landscapes to the volatile world of crypto, she's making waves in the online gaming sphere. With CryptoCasinoRank, she paints a future where chips meet chains seamlessly.

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