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The Celestia project is very young and appeared in cryptocurrency ratings in October 2023. At that time, the initial price of the TIA coin was at $2.30.
Just at that time, Bitcoin began its growth from the level of 27 thousand. We can say that the first wave of the bull market of the 2024 season was then emerging.
So, our coin was born just in the bullish trend and immediately rushed upward. On February 10, 2024, TIA set its absolute maximum at $20 per coin.
Some investors were able to increase their budget by 10 times. Then, naturally, a correction began and Bitcoin fell from the level of 73 thousand to 53 thousand. And what about our coin?
It generally collapsed from $20 to $3.9. A fall of more than 5 times. This is, of course, a bad sign for the reliability of the asset.
Be that as it may, everyone was waiting for the second bullish wave of 2024.
And this wave is now in full swing. Today, October 31, 2024, the price of TIA is $ 4.60. TIA managed to rise in price by only $ 0.8. And this is a terrible result. For example, Bitcoin today costs $ 72 thousand and today - tomorrow it will be able to break its previous record, which, let us recall, was $ 73,737.
The TIA coin urgently needs to grow 5 times to its previous record, which was at $ 20. Which, of course, is no longer realistic. If you look at the chart, TIA has only been losing in price all this time and the second bullish wave has not affected it at all.
What will be the price of Celestia TIA in 2025?
When Bitcoin costs $ 80 thousand, it is likely that TIA will remain at its current price of $ 4.60. Or maybe TIA will be even cheaper. Even when Bitcoin reaches $100,000, TIA may lose value. After all, it is one of those coins that did not show growth during the second bullish wave of the 2024 season. This is not normal. We would not recommend keeping TIA in your crypto portfolio.