Celestia witnessed a notable decrease in its price over the current week, indicating the conclusion of its recent upward trend. Celestia’s total market capitalization dropped below $800 million as a result of this decrease.
Tuesday’s low for TIA was $5.4, the lowest since last week, and represented a significant 20% decline from the stock’s highest point earlier this year. TIA, currently trading at $5.85, has shed 11% in the last 24 hours, based on latest data.
Celestia Tallies Over 200% Rally
After becoming public in October, the TIA token experienced a remarkable 232% increase, peaking at $7.50. Celestia’s overall market capitalization was close to $1 trillion at its peak.
Celestia had been a notable performer in the cryptocurrency industry before the current setback, especially after its successful airdrop earlier in the year.
With minimal sell pressure disrupting the members’ enthusiasm, Celestia accomplished what prior airdrops, like Arbitrum, were unable to: TIA mounted
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