Celestia’s Lemongrass Upgrade Fuels TIA Price by 22%, What’s Next?
The post Celestia’s Lemongrass Upgrade Fuels TIA Price by 22%, What’s Next? appeared on BitcoinEthereumNews.com.
Per the latest development-based news in Celestia (TIA), the investor’s sentiment spiked. That led to a whopping 22% rise in TIA price in the last 24 hours. After a massive decline this year, the TIA price has reached a demand zone. It stopped moving below the previous low and has not built new lows from $4.321 support. TIA Price Statistics When writing, TIA exchanged hands at $5.60, and robust fundamentals support that. It has a market cap surge of 22%, amounting to $1.136 Billion. It is positioned 58th among the top 100 on CoinMarketCap in the past 24 hours. The 24-hour volume erupted massively by 66%, where the total volume on all tradeable platforms amounted to $136.88 Million. The liquidity was at 12.08%, which looked good and made trading easier on any exchange closest to its price value. Meanwhile, market sentiments slowly shifted towards the greed phase, from yesterday’s extreme fear of ’20’. It has scaled to neutral at ’48’. Thus, it signified that fear among the many has reduced lately. Fear & Greed Index | Source: alternative me This optimistic market sentiment looked poised to fuel the price rally ahead of TIA. Celestia’s Lemongrass Upgrade Per the official post on X by @Celestia handle, a remarkable milestone is on the horizon for Celestia (TIA). The blockchain platform was getting ready for its first major upgrade, the ‘Lemongrass.’ According to Celestia, this upgrade brings several consensus layer changes aimed at enhancing the functionality and performance of the platform. The release of celestia-app v2.0.0 would be used to activate Lemongrass. The Mocha Testnet would then be upgraded following successful activation and testing with community coordination. Celestia’s first upgrade, Lemongrass, is coming. 🍵 Developed and coordinated with the community, Lemongrass includes 1-click Tia interactions with other IBC chains, Interchain accounts, and a…
Filed under: News - @ August 10, 2024 8:12 pm