A prominent cryptocurrency trader is predicting a massive rally for modular blockchain network Celestia (TIA).
Anonymous trader Criptopaul told his 109,000 followers on social media platform X that TIA could surge to $24, up more than 231% from its current value.
“I have accumulated a lot of TIA here after the previous big hype caused by the novel in the early stages, expecting a significant drop from the past ATH (Ath). I think it is a good buying opportunity. If we see $5 again here, I will accumulate more. However, modular blockchain will continue to exist because of innovation, and Celestia is a pioneer in this space.
Modular blockchain development is in its early stages, and the initial excitement, user adoption, and developer skills to build on top of it are certainly coming. We are currently somewhat stagnant with protocols built on the classic Ethereum Virtual Machine (EVM) based blockchain, so a new era in DeFi (decentralized finance) is here to take it to a new level.”
As of this writing, TIA is trading at $7.24, up over 19% in the last 24 hours.
The analyst also believes that Bitcoin (BTC) is still in a bullish cycle despite the correction to the $50,000 range. According to his chart, the analyst suggests that Bitcoin could hit a new all-time high (ATH) of around $100,000 by October 2025.
“We are only halfway there. Stop now. Relax. Enjoy the next wave in the coming months. Don’t forget to profit at the peak of Fico euphoria when each Mimecoin goes to a billion market cap in a few months, when your old college friend asks you how to buy Bitcoin, etc.”
At the time of writing, Bitcoin is trading at $57,935, up more than 2% in the last 24 hours.
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