
Celestia, a blockchain protocol, is reportedly generating approximately $70 to $2,000 in daily revenue, depending on the source. The lower figure appears to stem from minimal fee structures aimed at spam resistance, while the higher estimate suggests potential for significant growth if the platform attracts successful applications. Concerns have been raised regarding the impact of unlimited token sales by venture capitalists (VCs), which could lead to inflation and market instability. Some analysts draw parallels between Celestia's current situation and the early criticisms faced by other cryptocurrencies like Solana and Ethereum. Despite the revenue challenges, there is optimism regarding the ecosystem's growth potential, particularly if it can onboard successful applications.
Hey @cburniske since you're so bullish $TIA quick question for you. How much of your original allocation INCLUDING staking rewards have you sold? How much of the Founders tokens have been sold? At what time did these sales occur? Before or after TGE? Celestia. https://t.co/dLz7fbjAAl
This guy is shilling TIA like his entire funds carry depends on it! It's almost like he didn't get the memo that almost all the founders tokens are already unlocked and sold, and he's the last baggie left. Celestia. https://t.co/PThKRfrde7
This guy is shilling TIA like his life depends on it. It's almost like he didn't get the memo that almost all the founders tokens are already unlocked and sold, and he's the last baggie left. Celestia. https://t.co/PThKRfrde7