With its enormous growth, Celestia (TIA), the native cryptocurrency of the Celestia Network, has sent shockwaves through the digital currency industry. Today's approximately 8% increase in the price of Celestia increased investor profits even more. Therefore, let's see who won the lotto and led Celestia's profit parade.

Who Saw The Biggest Gains From Celestia's Rally?

The investors from Celestia's seed round were overshadowed by an unexpected group: the retail investors. The focus was first on venture capitalists who claimed an incredible 1887x return in just 2.5 years following a $1.5 million total fundraising round. But the real financial superstars have surfaced: those who received the TIA airdrop in November 2023.

Retail investors might stake as little as $75 worth of Cosmos (ATOM) or Osmosis (OSMO) tokens to get access to the Celestia airdrop. Following that, these investors earned low-risk airdrop payouts in the four figures. In the modern era, their original $2000 TIA airdrop has soared to an incredible $16,000 in value.

This exponential increase results in an unlimited return on investment in addition to a phenomenal one. Furthermore, these individual investors' total returns are increased by the recent Celestia price increase. Furthermore, it's critical to remember that they held onto their staked OSMO and ATOM tokens and made exactly "zero" investments in order to achieve historically high gains.

Prices for Celestia Rise by 8% Today

Celestia saw a about 8% increase and reached new highs during the trading session today. As of this writing on Monday, February 5, 2024, the price of TIA had increased by 7.86% to $18.17. At the same time, Celestia's market value was $2.94 billion. In addition, TIA's 24-hour trading volume increased by 28.82% to $145.49 million.

The Celestia cryptocurrency recovered from a low of $16.85 to a high of $18.23 during the upswing. The cryptocurrency is still trading 10% below its all-time high of $20.36. Conversely, notable brief liquidations have recently been documented for Celestia.

Since over $538,000 worth of TIA has been liquidated in the last 24 hours—nearly 82% of all liquidations—short sellers have been reaping their profits. Nevertheless, according to Coinglass statistics, significant short liquidations were recorded for the 4-hour period, with over $210,000 worth of shorts being settled.

Analyst for cryptocurrency Deftsuo revealed a positive future for Celestia in the meantime. He pointed out that a daily ascending triangle is presently showing the Celestia price moving approaching the $19 barrier. This opens the door for a possible breakout over $20, which would trigger a powerful rally from there.

According to Deftsuo's estimates, a measured move objective of between $24 and $26 is implied. As the "setup is invalidated with daily acceptance below the last daily higher-low around $16," investors are cautioned, nevertheless.