CandleFocus

Celestia (TIA) Rises 4% Post-$890 Million Token Unlock

The article discusses the recent token unlock event for TIA, which released tokens worth $890 million. While token unlocks of this magnitude usually result in selling pressure, TIA has defied expectations and surged by 4% in the past 24 hours, making it the top gainer among the top 100 cryptocurrencies. The positive funding rate and bullish MACD suggest that TIA's upward trend may continue, with the potential to reach a four-month high of $7.85. However, if selling pressure increases, the price could drop to $3.75.

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