$TIA Investor and Team Supply Release on October 30th

On October 30th, $TIA will release 176.2m tokens valued at $1.07 billion, representing 80% of its circ. supply

Celestia (CELT) will release 176.2 million TIA tokens on October 30th. These tokens are valued at $1.07 billion, representing 80% of the current circulating supply. This event may impact TIA’s market by introducing a large number of tokens.

Here's a quick breakdown of the $TIA token release on Oct 30th:A total of 176.2 million $TIA tokens, currently valued at $1.07 billion, will be released. This batch of tokens comprises 80% of TIA's current circulating supply.

As per the token allocation, private investors will receive 117.38 million TIA tokens, which are valued at $712.5 million. Meanwhile, the founders and team will be allocated 58.21 million TIA tokens, valued at $353.35 million.

TIA is trading at $5.92, showing a slight decrease of 2.37% over the past 24 hours. The token's market cap is currently at $1.30 billion, and it has seen a trading volume of $158.48 million in the past 24 hours. These figures may be impacted by the token release.

The total supply of TIA tokens is 1.08 billion, and the current circulating supply stands at 219.73 million TIA tokens. With this release, the circulating supply will increase significantly.

Modular Blockchain InfrastructureFocus on Celestia (CELT)Modular blockchain infrastructure is a key focus for Celestia, and this token release is part of its planned growth. The project has garnered attention for its unique modular approach.

Token releases can often influence the market, and investors will be watching this release closely to observe any potential shifts in the TIA price, especially given the large quantity of tokens being released, which could increase the selling pressure.

This upcoming release also includes details on internal team token allocations (alluded to above), potentially providing investors with a clearer understanding of the upcoming token distribution. Transparency in such matters can greatly influence investor sentiment.

As the release date approaches, market participants will be keeping a close eye on the event. Some key factors to watch for include whether investors choose to hold or sell their tokens and how the potential increase in circulating supply impacts TIA's price in the short term.

This article provides informational and educational content. It does not constitute financial advice or advice of any kind. Furthermore, Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Before undertaking any行動 that relates to the company, readers are advised to perform their own research and consult with a qualified financial advisor.