Celestia (TIA), the Celestia Network\u2019s native crypto, has sent shockwaves through the digital currency space with its gigantic gains. The Celestia price gained nearly 8% today, further escalating the profits of its investors. Hence, let\u2019s take a look at who led Celestia<\/a>\u2018s profit parade and bagged the jackpot.<\/p>\n Celestia\u2019s seed round investors found themselves eclipsed by an unexpected group, which is the retail investors. The spotlight initially shone on venture capitalists boasting a remarkable 1887x return in a mere 2.5 years after total funding of $1.5 million. However, the recipients of the TIA airdrop in November 2023, have emerged as the true financial superstars.<\/p>\n <\/p>\n Retail investors could participate in the Celestia airdrop by staking minimal amounts of as low as $75 in Cosmos (ATOM)<\/a> or Osmosis (OSMO) tokens. Thereafter, these investors received 4-figure airdrop rewards with minimal risk. Fast forward to the present, and the value of their initial $2000 TIA airdrop has skyrocketed to an astonishing $16,000.<\/p>\n This exponential surge translates not just into a remarkable return on investment but an infinite one. Moreover, the recent Celestia price surge<\/a> adds to the overall returns for these retail investors. Moreover, it is important to note that they literally made \u2018zero\u2019 investments and acquired unprecedented profits while also holding on to their staked ATOM and OSMO tokens.<\/p>\n Also Read: Celestia Network\u2019s TIA Price Up 50% In A Week, What\u2019s Behind the Rally?<\/a><\/strong><\/p>\n <\/p>\n <\/p>\n Celestia rallied about 8% and registered new highs in today\u2019s trading session. As of writing, the TIA price<\/a> soared 7.86% to $18.17 on Monday, February 5, 2024. Whilst, Celestia held a market cap of $2.94 billion. Moreover, the 24-hour trade volume for TIA spiked 28.82% to $145.49 million.<\/p>\n The Celestia crypto achieved a high of $18.23 amid the rally after bouncing back from a low of $16.85. The crypto is nearing its all-time high of $20.36 while still trading 10% lower. On the other hand, significant short liquidations were recorded for Celestia lately.<\/p>\n Short sellers have been realizing their profits as in the past 24 hours, over $538,000 worth of TIA has been liquidated, accounting for nearly 82% of total liquidations. Whilst, major short liquidations were registered for the 4-hour timestamp as over $210,000 shorts were liquidated, according to Coinglass<\/a> stats.<\/p>\n <\/p>\n Meanwhile, crypto analyst Deftsuo unveiled a promising outlook for Celestia. He noted that the Celestia price is currently edging toward the $19 resistance in a daily ascending triangle. This paves the way for a potential breakout above $20, which could lead to a strong rally thereafter.<\/p>\n Deftsuo\u2019s projections hint at an implied measured move target ranging from $24 to $26. However, investors are advised to exercise caution, as \u201csetup is invalidated with daily acceptance below the last daily higher-low around $16.\u201d<\/p>\nWho Profited The Most From Celestia\u2019s Rally?<\/h2>\n
Celestia Price Surges 8% Today<\/h2>\n
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