 Hello and welcome to Make Money Territory. In this video we will be talking about the latest update on TIA. The Celestia crypto platform has become one of the year's most anticipated releases and its native TIA token has performed well since its October launch. With more and more TIA released onto the market every day though, it might be that the crypto could lose some of its gains. But what is Celestia TIA? How does Celestia work? Let's see what we can find out and also take a look at some of the Celestia price predictions. Celestia is a modular blockchain network that offloads data execution to other blockchains, making it more scalable and efficient than traditional blockchains. This unique architecture could make Celestia a popular choice for developers building new applications. It is still in its early stages, but it is already being adopted by a number of developers. This adoption could help to drive the price of TIA higher in the long term. The overall sentiment in the cryptocurrency market is positive, which could also help to boost the price of TIA. Celestia TIA exhibits a bullish regression pattern in its price action with resistance at $7.27 and local support at $6.20. Experts anticipate a potential rally toward $8 upon breaking the resistance. The 50-day moving average, MA, is at $5.97, signaling a bullish trend. The relative strength index, RSI, stands at 70, reflecting high bullish sentiment, although sell pressure could trigger a slight downturn. Celestia TIA was priced at $7.1, TIA has experienced a notable 12% increase in the last 24 hours and a significant 29% surge in the past seven days. Celestia introduces its inaugural token airdrop, the Genesis drop, providing the public an early entry possibility with its $TIA cryptocurrency. Participants staking on the incentivized testnet can obtain 7.4% of the total token supply. Notably, a significant 12.6% is set aside for future incentives, implying the probability of additional airdrops. As originally specified in Celestia's blog announcement, its introductory airdrop is open to over 7,500 developers and over 576,000 on-chain addresses on Ethereum rollups, Cosmos Hub, and Osmosis. Appropriate developers and addresses can input their details into the initial stage of the Celestia blockchain at genesis.celestia.org.tokens secured through the Genesis drop will be immediately accessible in software wallet from Celestia's very first block. The Celestia platform helps people build their own blockchains. It does so by using a modular way of blockchain creation. In other words, rather than having one single monolithic blockchain, it allows people to create the parts of the blockchain that they need. Different blockchains created with Celestia perform separate functions which, at least in theory, means that they can carry out their functions quicker. Celestia is based on the Cosmos Atom blockchain and is powered by the TIA token, how Celestia works. Celestia's chains are called sovereign rollups. According to Celestia, they are convenient to launch like Layer 2S with the added sovereignty that Layer 1S enjoy. The TIA token pays for transactions on the network with holders having the right to vote on changes to Celestia. People can also buy, sell, and trade it on exchanges. Because at the moment Celestia is based on the Cosmos blockchain, it is a token rather than a coin. You might see references to such things as a Celestia coin price prediction, but these are, technically speaking, wrong. Is Celestia a good investment? It is hard to say at this early stage. The idea behind Celestia is an interesting one and it has won some pretty influential support in the run up to its launch. However, the way that Celestia is releasing TIA on a regular basis could end up making the token underperform. We also will need to see how the crypto market responds to its latest crisis. As ever with crypto, you will need to make sure you do your own research before deciding whether or not to invest in TIA. Celestia price prediction for 2023. Digital coin price said that TIA could reach $9.72 this year. BitNation claimed the token could be worth $7.82 at that time. PricePrediction.net argued it would be worth $6.03 in 2023. Celestia price prediction for 2025. Moving on, Digital Coin Price said that Celestia would be worth $17.48 in two years time. BitNation's Celestia price forecast had it reach $18.25 then. PricePrediction.net said TIA would trade at $13.10 in 2025. Celestia price prediction for 2030. Looking at a more long-term Celestia price prediction, Digital Coin Price said that the token would trade at $53.98 in 2030. BitNation thought it would reach $44.31 that year. PricePrediction.net's TIA price prediction said it would be worth $81.61 at the start of the next decade. Celestia TIA has recently become one of the top protocols when it comes to L2 solutions. Recently Celestia introduced Ethereum fallback for OP stack. It will minimize the disruptions in L2 block data posting errors. It will ensure the user funds remain fluid in the L2's bridge contract. This development attracted investors to TIA to invest in the new emerging tech. The cryptocurrency industry is still subject to a lot of regulatory uncertainty. This uncertainty could make it difficult for Celestia to achieve widespread adoption. There are a number of other blockchain networks that are also vying for adoption. Celestia will need to differentiate itself from these networks in order to succeed. Overall, the outlook for Celestia is positive. The project has a strong team, a unique architecture, and is already gaining traction. However, there are also some risks to consider, such as regulatory uncertainty and competition. Investors should carefully consider these risks before investing in Celestia. Before you decide whether or not to invest in Celestia, you will have to do your own research, not only on TIA, but on other related coins and tokens such as optimism, OP. Either way, you will also need to make sure that you never invest more money than you can afford to lose. Thanks for watching. If you would like to support this channel, please subscribe for more.