PART A QUALITATIVE REPORT: TIA – Modular Tech Airdrop Flywheel Euphoria
This qualitative report will analyze the post-launch bullish prolonged rally to all time high of TIA – a modular blockchain platform famous for its staking-for-future-airdrops incentive which worked, until it didn’t.
Highlighted Timeframe
Time frame of this TIA price analysis: 10/31/2023 - 2/10/2024
Data aggregators and sources used: https://coinmarketcap.com/currencies/celestia/, https://cryptorank.io/price/celestia, https://defillama.com/chain/osmosis, https://www.tradingview.com/x/7rQBIVWD/
Since the aim of this qualitative report is to analyze the drivers of TIA’s bullish price action that immediately followed the token launch, we will be focusing on the time between its launch day (10/31/2023) and its all time high (2/10/2024). Throughout this time, TIA increased +634.85% from $2.877 to $21.142 (sourced from https://coinmarketcap.com/currencies/celestia/). Below is a screenshot of the highlighted timeframe of TIA price action