$TIA is down 11.8% in 24h while Celestia says Relay is posting more data to it in September than in the seven months before it combined.
that's Celestia's own claim, not something I verified, and it's driven by apps using Relay for cross-chain swaps. but blob usage is the one kind of demand a data availability token actually needs. Midnight Network is also using Celestia's DA layer instead of p2p messaging, and Celestia Labs bought Sovereign Labs after V9 went live on mainnet.
price is telling a different story than the roadmap, and I'm siding with the roadmap. a day down 11.8% with the week still up 1.99% looks like a flush to me, not a break.
$TIA trades at $0.4322 right now, barely above the 24h low of $0.4285 and a long way under the 24h high of $0.4983. if it holds $0.4285, i think this dip gets bought and it drifts back toward $0.4983. if it loses $0.4285, i'm wrong on this and there's nothing to defend, and anyone long from here eats the next leg down.
holding $0.4285 or losing it?
follow me for more calls like this.
that's Celestia's own claim, not something I verified, and it's driven by apps using Relay for cross-chain swaps. but blob usage is the one kind of demand a data availability token actually needs. Midnight Network is also using Celestia's DA layer instead of p2p messaging, and Celestia Labs bought Sovereign Labs after V9 went live on mainnet.
price is telling a different story than the roadmap, and I'm siding with the roadmap. a day down 11.8% with the week still up 1.99% looks like a flush to me, not a break.
$TIA trades at $0.4322 right now, barely above the 24h low of $0.4285 and a long way under the 24h high of $0.4983. if it holds $0.4285, i think this dip gets bought and it drifts back toward $0.4983. if it loses $0.4285, i'm wrong on this and there's nothing to defend, and anyone long from here eats the next leg down.
holding $0.4285 or losing it?
follow me for more calls like this.
