Celestia faces the accusations of misconduct and the growing distrust within its community with determination. The co-founder Mustafa Al-Bassam has publicly dismissed the so-called FUD (fear, uncertainty and doubt) that continues to circulate, emphasizing that the team remains fully committed and financially solid, despite the bull and bear market challenges.
In a post published on Monday on X, Al-Bassam reiterated that all the founders, key employees, and engineers of Celestia are still active in the project, working intensely as in the early days, five years ago. This steadfastness aims to reassure investors and supporters about the continuity of development and the dedication of the team.
Despite the FUD (which is getting more ridiculous by the day), all Celestia founders, early employees and core engineers are still here and working as hard as we did when Celestia started 5 years ago.
Quindi dite che Celestia ha fatto l’11 settembre per quanto mi riguarda o qualunque FUD vogliate, io ho… https://t.co/lvYDO9bqUn
— Mustafa Al-Bassam (@musalbas) June 23, 2025
Celestia against FUD: the founder reiterates commitment and financial solidity
In recent months, Celestia has been under pressure due to numerous criticisms related to the management of the tokens TIA. According to reports from various holders and independent researchers, some internal members allegedly sold large quantities of tokens, causing a loss in value that reached 95%. This has left retail investors facing severe economic losses and a growing distrust in the governance of the project.
The accusations have further fueled the suspicion of a strategy oriented towards short-term profit at the expense of the community, thus intensifying the FUD which, according to Al-Bassam, is now “increasingly ridiculous day by day”.
Financial Resilience: the “treasure chest” of over 100 million dollars
Al-Bassam, however, clarified that the price fluctuations of tokens are part of the volatile nature of the crypto sector. He explained that Celestia maintains a strong long-term financial capacity, explicitly citing a “treasure” of over 100 million dollars. This capital represents a solid foundation to keep the project operational and sustainable in any bull or bear market scenario.
Furthermore, the founder mentioned a safety band of over 6 years, a concept that indicates the company’s ability to self-finance and manage expenses and developments for a very long period regardless of any external fluctuations.
What is FUD and why is it important in Celestia
The term FUD stands for fear, uncertainty, and doubt. In the crypto field, it is often used to describe negative information, often amplified or not entirely founded, that destabilizes market sentiment and can negatively influence asset prices. Al-Bassam interprets the FUD around Celestia as a growing phenomenon but lacking real foundations, a narrative that ignores the solidità del team and the financial resources available.
Celestia’s strategy between development and transparency
Consequently, Celestia’s response to the criticisms aims not only to defend its reputation but also to maintain high trust among users. The project’s audience is mainly composed of retail investors and developers, for whom transparency and commitment are essential values. However, maintaining clear communications, especially in difficult times, represents an ongoing challenge.
The perspective is therefore to continue working with determination and transparency to soar beyond the crisis of confidence, leveraging a robust financial structure and a stable team.
Why the management of TIA tokens is crucial
The heart of the debate revolves around the management and distribution of TIA tokens, the asset that represents the economic heart of Celestia. The massive sale by insiders has fueled doubts about the fairness of the market and the protection of smaller investors, prompting the community to demand greater accountability and stricter rules.
The value of the tokens has dropped drastically, reaching -95%. Such a fall concerns, in addition to the price, the credibility of the project, as the perception of an internal imbalance can dampen any future enthusiasm.
Celestia and the future: long term and continuous innovation
Beyond the current tensions, Celestia aims to establish itself as an innovative entity in the blockchain landscape. The fund of over 100 million dollars and the “security band” of more than six years constitute a fundamental safety net to achieve the planned development goals.
The co-founder therefore invites us to look beyond the immediate market fluctuations, emphasizing that the growth dynamics in this sector are necessarily fragmented and complex. All this suggests that Celestia aims for a solid setup, resistant even to criticism and moments of crisis.
Impact and suggestions for investors
For investors and enthusiasts, maintaining a balanced view is crucial. On one hand, it is important to recognize the current challenges related to governance and token distribution; on the other hand, the presence of a strong financial reserve and a stable team indicate that Celestia is not destined to dissolve in the short term.
As a result, anyone who wants to participate or remain involved in the project should constantly monitor official communications, carefully assess their risk profile, and stay updated on the technological and strategic developments of Celestia.
Celestia, a project in the spotlight looking towards tomorrow
Ultimately, the current turbulent phase confirms that Celestia is a project with real value, but also exposed to market dynamics and public pressure. Nevertheless, the financial support of over 100 million dollars and the constant commitment of the team represent a strong signal of resilience.
Only time will tell if Celestia will manage to overcome this critical moment, but in the meantime, the response from the founder Mustafa Al-Bassam offers a clear message: the project is here to stay and continue to innovate in the long term.
