Celestia's native cryptocurrency, TIA, is set for a significant supply increase on October 30, with 175 million previously locked tokens being released, marking an 80% increase in circulation. This event could trigger notable market effects, as the amount of TIA being unlocked far exceeds the average daily trading volume of between $50 million and $200 million. The tokens, valued collectively at approximately $920 million, include allocations for core contributors, early investors, and seed investors. Following a sharp price drop of 80% since its peak in February, TIA has been trading between $4 and $6. Current trading conditions indicate bearish sentiments, with deeply negative funding rates for TIA perpetual futures. Despite these factors, some analysts suggest the ongoing positive trends in the broader cryptocurrency market, particularly Bitcoin, could enhance the likelihood of a rally for TIA post-unlock, shifting expectations toward a less bearish outcome than initially anticipated.

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