What Happened to Celestia (TIA) to Hit All-Time Low? Here's the Explanation
2025-06-25
On June 22, 2025, Celestia’s native token TIA plunged to an all-time low of $1.32, marking a dramatic fall of over 92% from its peak of $20.91 in June 2024. This sharp decline has sparked widespread debate and criticism across the crypto community, with some accusing the Celestia team of mismanagement and insider profit-taking.
Despite the selloff, Celestia’s co-founder, Mustafa Al-Bassam, has publicly defended the project, stating that the fundamentals remain strong.
READ ALSO: Celestia(TIA) Price Today
Celestia's Price Collapse: The Timeline
In early May 2025, TIA still hovered around the $5 mark, showing signs of recovery. But by mid-June, persistent selling pressure, negative sentiment, and concerns around token unlocks pushed the price into freefall.
On June 22, TIA dropped to a record low of $1.32 before recovering slightly to the $1.58 range on June 25. Despite the bounce, TIA remains under significant downward pressure, caught in a descending channel pattern with little sign of reversal.
Why Did TIA Crash?
Accusations of Token Dumping
A viral X (formerly Twitter) post by user Startup Anthropologist alleged that one of Celestia’s co-founders sold over $25 million worth of TIA and moved to Dubai. This claim, combined with rumors of paid promotions and aggressive token unlocks, amplified investor distrust.
Project Management Criticism
Critics such as Larry Sukernik have accused Celestia of prioritizing marketing over developer adoption, stating that its appchain ecosystem has yet to achieve real traction.
Technical Breakdown
TIA fell below its $2.24 support level, breaking out of a descending triangle. Bearish indicators like the MACD crossover and negative BBP reading confirm strong selling momentum.
Sentiment vs. Reality
While TIA’s funding rate remains positive—suggesting traders are betting on a rebound—the price continues to decline. This bearish divergence highlights a disconnect between trader optimism and market behavior.
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Co-Founder Response
Mustafa Al-Bassam, in a statement on X, dismissed the controversy as "ridiculous FUD," reaffirming that Celestia remains financially sound with over $100 million in reserves. He emphasized that the core team is still fully active and that the project supports over 30 rollups and controls roughly 50% of the data availability market.
Technical Outlook and Price Prediction
Despite minor intraday gains, the broader trend remains bearish. TIA continues to form lower highs and lower lows, with the ADX indicating strong directional strength by sellers. If bearish pressure persists, the next major support lies at the psychological $1 mark.
However, if bulls regain control, a rebound to $1.80 is possible, with a stronger rally pushing toward $2.61—the 0.618 Fibonacci retracement level. Still, given current market skepticism, such recovery appears unlikely without a major catalyst.
Source: TradingView
How to Buy Celestia (TIA) on Bitrue
If you're looking to buy TIA, Bitrue offers a quick and straightforward process:
Create an Account – Register on Bitrue’s official website or mobile app.
Complete KYC Verification – Submit your ID and a selfie for verification.
Deposit Funds – Add USDT or USDC to your Bitrue wallet.
Buy TIA – Go to the “Spot” trading section, choose TIA/USDT or TIA/USDC, and place your order.
Store Safely – Your purchased TIA will be stored in your Bitrue wallet.
Conclusion
Celestia’s recent crash is a cautionary tale of how sentiment, transparency, and token economics can drastically affect even technically sound blockchain projects. While the team remains confident in the long-term vision, investor confidence has clearly been shaken. The next few months will be critical for TIA’s recovery and Celestia’s reputation in the Web3 space.
FAQ
What caused Celestia (TIA) to crash so dramatically?
The crash was driven by accusations of insider token dumping, negative sentiment around tokenomics, and technical breakdowns in price charts.
Is Celestia (TIA) still a good investment?
While the team insists the fundamentals are strong, the market sentiment remains cautious. Potential investors should weigh the risks carefully.
Where can I buy Celestia (TIA)?
Celestia (TIA) is available for trading on Bitrue, where users can buy it using USDT or USDC after account verification.
Can TIA recover from its current all-time low?
Recovery is possible, but it depends on improved market conditions, renewed user trust, and clear development milestones from the Celestia team.
Disclaimer: The content of this article does not constitute financial or investment advice.
