Celestia Founder Responds to Doubts: All Tokens Will Experience a 95% Drop at Some Stage in Their Lifecycle, Team Currently Has Over 100 Million Dollars in Reserves

Foresight News reported that yesterday Twitter user 0xCircusLover revealed that "the Celestia executive team will unlock all tokens in October 2024, and additionally, Celestia founder Mustafa sold TIA tokens worth over 25 million dollars through over-the-counter (OTC) sales and moved to Dubai." In response, Mustafa posted today stating, "I have been involved in the cryptocurrency field since 2010 and understand that to survive in this industry, one must have resilience and be able to withstand various challenges, as all tokens will experience a 95% drop at some stage in their lifecycle. We have over 100 million dollars in reserves, and our development path for the next six years has been carefully planned, so we are prepared for a long-term battle, no matter how long it takes."