Stablecoin

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Celestia

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 <p class="is-style-lead">TIA token, the native asset of the modular blockchain network Celestia, has been the top trending token on several social media and crypto platforms.</p>
 <p>The recent boost in its popularity coincides with Celestia‘s <a rel="noopener noreferrer nofollow" title="launch" href="https://thebittimes.com/tag/launch.html">launch</a> of its <a rel="noopener noreferrer nofollow" title="mainnet" href="https://thebittimes.com/tag/mainnet.html">mainnet</a> beta on Oct. 31, heralding the beginning of the modular blockchain era.</p>
 <p>According to CoinMarketCap data, the <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> started trading on the same day. The recent developments led to a surge in <a rel="noopener noreferrer nofollow" title="social" href="https://thebittimes.com/tag/social.html">social</a> discussions on CoinMarketCap, Twitter, Telegram, and Santiment.&nbsp;</p>
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   <img decoding="async" width="3840" height="1300" src="https://cdn.thebittimes.com/images/2023/11/01/c0186074d2a5e94d3e53eb8a87c94e7a.webp" alt="Celestia mainnet launched, token tops social trend charts - 1"> 
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   TIA price – Nov. 1 | Source: Santiment
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 <p>Moreover, TIA currently holds the position as the most popular asset on CoinMarketCap. According to Santiment data, discussions about the <a rel="noopener noreferrer nofollow" title="token" href="https://thebittimes.com/tag/token.html">token</a> have seen a significant surge in the last 24 hours on X (formerly Twitter), where it now ranks among the top trends, alongside terms like “Celestia airdrop.”</p>
 <p>Telegram and 4Chan have also experienced a notable increase in mentions of TIA.</p>
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 <p>Despite its widespread popularity, the asset has maintained a relatively steady value. TIA’s initial price on CMC was $2.15. While it has experienced fluctuations and occasional dips since then, it has generally held a steady price. TIA declined to $2.03 yesterday, marking its lowest price.&nbsp;</p>
 <p>After a swift recovery, the asset regained the previously lost value. It eventually reached an all-time high of $2.5 yesterday but faced strong resistance. Currently trading at $2.27, TIA is down by 10.37% from its peak value of $2.5. Despite this decline, it has seen a 7.86% increase in the last 24 hours.</p>
 <h2 class="wp-block-heading" id="tia-s-relevance-in-the-celestia-ecosystem">TIA’s relevance in the Celestia ecosystem&nbsp;</h2>
 <p>TIA plays a crucial role in the development ecosystem of Celestia. Developers on Celestia utilize TIA to pay fees when submitting Pay-for-Blobs transactions. Additionally, TIA is essential for network security, participation in governance, and access to various services within the Celestia platform.</p>
 <p>Notably, Celestia is a new blockchain network designed to deliver a scalable data availability solution for the next generation of blockchain architectures, specifically modular networks.</p>
 <p>Celestia distributed its TIA token to a substantial user base of 580,000 individuals via an airdrop initiative. This rewarded early enthusiasts of modular blockchain technology and encouraged collaboration across different blockchain networks.</p>
 <p>The airdrop encompassed users from the top 10 Ethereum roll-ups, as well as stakers in Cosmos Hub and Osmosis, along with GitHub contributors. The asset has a maximum supply of 1 billion tokens. Crypto exchanges Binance, OKX, KuCoin and Bitget have already listed the asset.</p>
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<p>Source: <a rel="noopener noreferrer nofollow" target="_blank" href="https://thebittimes.com/celestia-mainnet-launched-token-tops-social-trend-charts-tbt68671.html">https://thebittimes.com/celestia-mainnet-launched-token-tops-social-trend-charts-tbt68671.html</a></p>

Celestia mainnet launched, token tops social trend charts

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