A closely watched crypto trader predicts massive growth for the Celestia (TIA) modular blockchain network.
A trader who goes by the pseudonym Cryptopol tells his 109,000 followers on social media site X that TIA could rise to $24, a 231% increase from its current price.
“I’ve accumulated a large amount of TIA here, having predicted a significant drop during its last ATH (all-time high) and the previous big hype caused by its early novelty. This is right at the level where I thought there would be a great buying opportunity; I’d accumulate more if we see $5 here again. But modular blockchains are here to stay due to their innovation, and Celestia is a pioneer in this.
The development of modular blockchains is in its early stages, and after the initial great enthusiasm, user adoption and developer skills to develop them will certainly come. We may see a new era in DeFi (decentralized finance), pushing it to new levels, as we are currently in a rather stagnant phase with protocols built on classic blockchains based on the Ethereum Virtual Machine (EVM).”
At the time of writing, TIA shares are trading at $7.24, up 19% over the past 24 hours.
The analyst also believes that Bitcoin (BTC) remains in a bullish cycle despite the correction down to the $50,000 range. According to his chart, the analyst suggests that Bitcoin could reach new all-time highs (ATH) near $100,000 by October 2025.
“We’re only halfway there. Take a break. Relax. Enjoy the next wave in the coming months. Don’t forget to take profits during the peak of euphoria, just when every memecoin hits a billion dollar market cap in a few months, when your old college friend asks you how to buy Bitcoin, and so on.”
At the time of writing, Bitcoin is trading at $57,935, up 2% over the past 24 hours.
Generated image: Midjourney
