95 %decrease, FUD and community crisis

Celestia’s local Token TIA, after reaching a $ 20.91 summit in June last year, fell to $ 1.58 by loss of 95 %. After this dramatic decline, there was a serious wave of anger in the community.

On social media, especially on X (Old Twitter), allegations that people with internal information sell a large amount of TIA token and “retail”, that is, were damaged by small investors.

“All C-Suite managers’ locks were opened in October 2024. Mustafa sold more than $ 25 million $ 25 million and moved to Dubai.”

• Startup Anthropologist (200 thousand+ imaging over X)

📢 The first response from the founder: ‘We are standing up against Fuda’

Mustafa Al-Bassam used the following statements in his sharing on June 24:

“Fud becomes more ridiculous every day. But know that Celestia’s founders, early employees and engineers are still here and work like five years ago.”

Al-Bassam argued that the price decrease in TIA was normal in the sector. Also your company is still:

It has more than $ 100 million reserves

He said that they have a runway (runway) more than 6 years.

⚠️ Claims: Secret Sales, Early Investor Advantage, Marketing Manipulation

Some allegations are more specific:

“Some influencers received payment for promotion.”

“The team solved the token locks planned and sold quietly.”

“While investors were awarded, retail investors have damaged.”

Especially the spread of the lace opening calendar to 3-4 years ”was harshly criticized. “Why is all the supply released in 3 years?” The question was frequently expressed in the community.

🧩 Marketing strategy is also the target of criticism

In May, investor Larry Supernik described Celestia as a project that was ılmış forcibly adopted by marketing ”. According to him, Celestia tried to try vertical integration with applications without product-market compliance.

Al-Bassam responded to this view as follows:

“We grew up after our introduction to the Rollut Ecosystem. We are the first to come. Today there is more than 30 roles working on Celestia.

Nevertheless, some experts argue that this market share has not yet been transformed into economic demands.

📉 Price Performance: Is it a recovery signal?

During the writing, TIA is traded at $ 1.61 with an increase of 14 %in the last 24 hours. However, it is still 92 %behind the highest level of all time.

The reason for this rise:

Increasing communication of the founders

Recovery tendency through the market

It may be a decrease in sales pressure

🧠 Bitb -refugee interpretation

Celestia’s crisis once again raises the fragile balance between Hype and infrastructure construction on the web3. The confidence of the founders may not be enough to ensure that the community is convinced of long -term. Especially the rewarding of early investors and the loss of retail investors have become a serious “ethical test için for web3 projects.