Celestia's team is located in the UK, and the team currently disclosed has more than 40 people. It has raised $56.5 million in public financing, with Binance, OKX and other exchanges participating in the investment.
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Celestia's native token is TIA, with an initial total supply of 1 billion. In the future, TIA tokens will be issued in the form of inflation, starting at 8% per year and decreasing by 10% year by year until it reaches an annual inflation rate of 1.5%. The actual circulation volume is 141 million.
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In terms of airdrop distribution, based on the snapshot taken on January 1, 2023, 20M was allocated to the top 50% active users on each L2, 20M was allocated to Cosmos stakers, and 20M was allocated to developers and contributors. Overall, active and real users account for a high proportion.
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Overall, the project has a large airdrop pattern and high popularity, the initial public offering is large and expected, the online circulation is low, and the selling pressure is small. It is predicted that the circulating market value will be more than 300 million US dollars, and the coin price will most likely be higher than 2u.
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