Summary: The TTIA market is on the brink of a significant downturn as market makers and exchanges prepare to hunt shorters before the impending selling pressure becomes unmanageable. With a lack of regulations, the environment is ripe for manipulation, and the sharks are circling, ready to capitalize on the blood in the water.
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Key Points:
1. Current Market Dynamics: - The circulating supply of TTIA is 218.41 million, with a staggering 80.85% (175 million) of that supply set to unlock soon. This is a critical moment for traders, as the potential for inflation is imminent.
2. Pending Undelegation: - An additional 17.5% (37.6 million) is pending undelegation. Keep in mind that unbonding takes 21 days, and many savvy traders are looking to front-run the unlock, which could exacerbate the selling pressure. - For detailed undelegation statistics, refer to the analysis on smartstake.
3. Misleading Information: - There is a lot of misinformation circulating, with some traders claiming that the upcoming unlock is bullish. This is clearly not the case. - WARNING: Do not listen to those who are promoting this narrative! Many of them may be affiliated with market makers or large TTIA stakeholders who are hoping to offload their assets before a potential crash.
4. Upcoming Unlocks: - There are many significant unlocks but here are three of them on the horizon, with millions of dollars worth of TTIA expected to be sold just before the cliff unlock. - For verification, check smartstake.
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Conclusion: The situation surrounding TTIA is precarious, and traders should be cautious. The combination of significant unlocks, pending undelegation, and the potential for market manipulation suggests that a downturn is imminent. Stay informed and make decisions based on solid analysis rather than hype.
**Disclaimer:** This is not financial advice. Always do your own research before making investment decisions.
تم فتح الصفقة
My short trade is in huge profit—hope you listened to my advice!
I want to share my concerns again regarding the upcoming unlock for TIA.
On October 31, we are facing a significant token release of 175 million tokens (16% of the total supply), valued at $1.07 billion, which represents 80% of the current market cap.
What’s even more alarming is the daily unlock of 995,000 tokens (approximately $6 million) that will follow.
Here are some key red flags to consider:
- Seed Investors: Up almost 526x.
- Series A Investors: Up 50x.
- Series B Investors: Up 5x.
- Market Manipulation: There are clear patterns of manipulation in the market.
- Supply Surge: The total supply will nearly double in just four days.
- Consistent Selling Pressure: Daily unlocks will create relentless selling pressure.
- Market Absorption: The market needs to absorb $1.07 billion worth of tokens.
While some may argue that this is a "bullish unlock" due to OTC activities, the fundamental market dynamics suggest otherwise. The tokenomics reveal concerning flaws that cannot be overlooked.
Here’s an unpopular opinion: TIAUSDTTIAUSD could have potential for triple-digit growth IF the tokenomics weren’t so manipulated of course.
However, with VCs enjoying such substantial profit margins and this aggressive unlock structure in place, we are likely to see significant downward pressure.
Stay safe, everyone!
تعليق
Just a quick reminder that the unlock event is happening in just 2 days on Halloween, October 30th, at 2 PM UTC! Mark your calendars! 🎃
تم فتح الصفقة
Incredible to witness the upcoming changes! On October 30th, 2024, at 2 PM UTC, we are set to experience an astonishing 80% inflation in the token supply, followed by an additional 80% inflation within the year as approximately 1 million TIAUSDTTIAUSD tokens are unlocked daily. This means we will see a total inflation of 160% over the next 360 days, increasing the circulating supply from 220 million to 400 million on the 30th, and potentially reaching 800 million within a year.
This tokenomics structure raises serious concerns about fairness. Who is behind this decision? Is it Mustafa Al-Bassam, a British computer hacker and co-founder of LulzSec originally from Iraq? Or perhaps Batuhan Dasgin from Turkey, Ismail Khoffi from Morocco, or Reinhold Wohlwend from Germany, all of whom are co-founders?
This situation poses a significant risk for novices entering the crypto space, with thousands of new investors making their first investments each week. The venture capitalists involved are already wealthy and seem to be attempting to artificially pump the token before the cliff. Additionally, the presence of high-frequency trading bots and technical analysis traders, who may not have this critical information, could lead to a catastrophic price drop from $5 to $0.50 in my opinion.
Let’s keep an eye on this situation—I'm just speculating, but the signs are concerning!
تم فتح الصفقة
Regardless of the level of adoption, unlocking tokens daily is simply a cash grab designed to enrich the team.
So, be sure to pay close attention to vesting and token unlock schedules.
تعليق
One striking aspect of the Celestia philosopher joke—where "PhD" humorously stands for "Doctor of Philosophy," implying a degree of pretentiousness—is their claim in the documentation of an 8% inflation rate relative to the total supply. This metric appears manipulated to present a favorable image. Who calculates inflation based on total supply? We certainly wouldn’t do that with fiat currency! Inflation should be assessed based on circulating supply. This approach seems deceptive, designed to showcase attractive figures to entice the public into their scheme. It's disappointing behavior from the team behind TIAUSDTTIAUSD .
For more details, you can check their paper aimed at promoting their vision on their website under docs celestia > learn/staking-governance-supply. (can't post link)
تم فتح الصفقة
You’ll notice that numerous individuals are publishing and updating ideas to go long on TIAUSDT
Don’t be fooled by their tactics!!! Some of them may be working for investors who stand to gain a significant portion of the $1.07 billion cliff unlock or the $150 million undelegating happening within the next 38 hours (values calculated at the current price). Others are just blind traders relying solely on technical analysis, ignoring fundamental news. They believe they can predict the future simply by drawing lines, but unfortunately, 90% of them end up losing money. Stay cautious!
تم فتح الصفقة
Get ready, everyone! The countdown is on — our event is happening in less than 29 hours! Time to dust off your party shoes and prepare for some fun. Let the excitement begin! 🎉⏰
- Unlock in 24 Hours: A significant token unlock is set for tomorrow at 2 PM UTC, releasing 175 million TIAUSDT tokens (80% of the current market cap).
- ****Market Manipulation****: Insiders, VCs, and large stakeholders are likely conducting psychological operations (psyops) on platforms like TradingView and Twitter to manipulate public perception and trading behavior.
- Inflation Risks: The upcoming unlock will lead to a staggering increase in supply, with daily unlocks creating relentless selling pressure.
- ****Misinformation Alert****: Beware of misleading narratives claiming the unlock is bullish; many promoters may be affiliated with those looking to offload their assets before a potential crash.
- Red Flags:
- Seed investors have seen returns of up to 526x.
- Daily unlocks will create consistent selling pressure.
- The market must absorb $1.07 billion worth of tokens.
- Caution Advised: Traders should remain vigilant and base decisions on solid analysis rather than hype, as the situation is precarious and could lead to significant losses.
**Disclaimer**: This is not financial advice. Always conduct your own research before making investment decisions.
تم فتح الصفقة
Current Market Activity: The recent pump in TIA2USD is primarily driven by arbitrage opportunities and high-frequency trading (HFT) bots. These bots are executing triangulation strategies, capitalizing on the BTC pump by trading between BTC, TIAUSD and USD.
It's important to note that this isn't limited to just this trio; HFT bots are actively working across various cryptocurrencies with sufficient liquidity, extracting profits through rapid trades. While this activity can create short-term price movements, it may not reflect the underlying fundamentals of the assets involved.
Stay cautious and keep an eye on market dynamics as these manipulative practices can lead to increased volatility.
تم فتح الصفقة
For those interested, visit mintscan .io and take a look at these 8 addresses to see when they initiated the undelegation and when their stakes will become available (with a 21-day lockup period and potentially longer if vested):
celestia1xa9fjes5g09hcz6gl9clp5khzf6lrg5egg5hap - 2,950,000 TIA (~15M)
celestia10dfdls8g55p477x5gh04tuassqj7glsvsaf2nd - 2,330,010 TIA (~11.5M)
celestia1v73fd3rg4vssz5ewk8lmcd48yv5y9lvl9ttztf - 2,000,000 TIA (~10M)
celestia1rfqvpjqtd5nnlvux9j4ueqxwcce89u2mm7m7u3 - 1,333,240 TIA (~6.5M)
celestia1x7x32peurnynswql0z84krwwfttrf0vnltzr66 - 1,190,480 TIA (~6M)
celestia1r3t6hwc33rjest3zjaz9560wz5vf74h7598e0t - 1,190,480 TIA (~6M)
celestia10dfdls8g55p477x5gh04tuassqj7glsvsaf2nd - 999,999 TIA (~5M)
celestia1uktva0u9t0cawhw2n25xpypxhw7ffjury78g9n - 666,666 TIA (~3.3M)
... (find more on smartstake)
Then, check the TIA order book on Binance (which accounts for 25% of TIA's overall volume) to see if it can absorb this, along with the 175 million TIA ($875 million) allocated to seed investors, Series A, and Series B.
This will be a big liquidity extraction party! :)
تم فتح الصفقة
13 hours left before unlock.
تم فتح الصفقة
🚨 Attention, everyone! In just 3.5 hours, we’re about to witness the Celestia Ponzi scheme blast off! 🚀 With an impending 80% inflation and a massive unlock of 175 million TIA2USD awaited since a whole YEAR for early investors, it’s like watching a fireworks show — except the fireworks are actually seed investors ready to dump their bags on late adopters! 🎆
Let’s be real: who wouldn’t cash in after making 500x? Here’s a quick reminder of the gains:
Seed Investors: Up almost 526x.
Series A Investors: Up 50x.
Series B Investors: Up 5x.
Grab your popcorn, folks; this is going to be a wild ride! 🍿💸
تم فتح الصفقة
Also, I must remind you that their paper is misleading. They claim an 8% inflation rate, decreasing over years, but that figure is based on total supply, not circulating supply, which is how inflation should be calculated in a fair economic system.
On top of the 80% inflation happening in just 1.5 hours, there will be around 1 million TIA2USD tokens unlocked daily, with approximately 75% going to investors. That adds up to about 30 million tokens monthly, resulting in an additional 360 million tokens over the year. This translates to another 80% inflation over the year or a daily inflation rate of about 0.25% and a monthly inflation rate of 8%.
🚨🚨 This is a blatant cash grab! 💸
And let’s not forget the group of founders — dubbed bad philosophers (PhDs)—who, despite their academic credentials, have a shady past. Mustafa, a former hacker with LulzSec who infamously hacked Sony PlayStation, is now targeting crypto enthusiasts. Stay alert!
تم فتح الصفقة
🚨🚨 45 minutes left !
🚀 Just a quick prediction for you all! I foresee a minimum price drop of 2x, landing around $2.50. A more realistic scenario could see us at a 10x division, reaching $0.50. And for the wildest ride, we might even hit a 50x division, dropping to $0.10! 😱
Remember, these are just my thoughts — I'm not a fortune teller! 🔮 But keep in mind, anything is possible! 😉✨
تم فتح الصفقة
Patience is bitter, but its fruit is sweet. Be patient!
Hey everyone! Just a quick update: the unlock has happened, but the price hasn't dropped immediately. This could be due to market sentiment, liquidity, and delayed selling from investors. Selling pressure is coming, but it might take some time to materialize, so let's be patient! ⏳
Also, keep in mind that CoinMarketCap hasn't updated the circulating supply yet, which can affect how the market reacts. Stay tuned and watch for any changes! 📈💡
تعليق
Funny to see that 95% of TIA2USD ideas here on tradingview were suggesting to buy/long this token! Bad traders? Psychological operations? that's definitely awful and disgusting. 🤮🤮🤮
تعليق
I recently discovered that The Celestia Foundation is governed by the Foundation Council, which includes a member named Batuhan Dasgin, who is also a seed investor. So, congrats, Batuhan, on your impressive 500x return! I hope you're paying taxes on that to help support the people in Turkey, your home country, which is currently facing significant inflation issues just like Celestia TIA2USD
If you check his Twitter, you'll see that he's already promoting other projects he has seed invested in. Because, of course, one project isn't enough work! It seems he doesn't want to focus 100% on Celestia; instead, he's spreading himself thin across multiple projects to get rich quicker. That’s not very nice, Batuhan. On his Twitter account, crypto_han, you can find him reposting projects like Predicate, Delta, Payy, Initia, Citrea, and more.
It’s clear that he’s not fully committed to any one project and is instead cashing in on many. VCs are launching tons of projects into the wild, and I can't help but wonder: what are your thoughts on this practice? Do you find it fair? The only thing that could potentially stop them is justice with heavy penalties, but that seems far from happening. In the meantime, it might be wise to analyze the vesting schedules of these projects and look for the best opportunities to short them at the right moment.
تم فتح الصفقة
🌟 Hey everyone! Let’s channel our inner monks and practice some patience! 🧘♂️ The TIA2USD meltdown might take a few days or even weeks, but remember, good things come to those who wait!
Those early investor looters are playing it smart, dumping their tokens slowly. I’ve been tracking several wallets, and it looks like they’re sending bits and pieces to exchanges. So, let’s hang in there and keep our eyes on the prize! 🥳🍀
تم فتح الصفقة
🚨 Heads up, everyone! As the US elections approach in just 6 days, be cautious with your leverage. If Bitcoin continue to pump, TIA2USD might see a little boost too, thanks to arbitrage and high-frequency trading bots. However, once the election hype fades, uncertainty and doubt could return, leading to downward pressure on Bitcoin so we should see bigger red candles for TIA. Stay smart and manage your risk! 📉💡
As we observe the current market dynamics, it's clear that while the broader crypto market is experiencing a downturn, TIAUSDT has seen a notable uptick. This movement appears to be driven by market makers hunting for short liquidations. However, I believe this pump is unlikely to sustain itself for long.
Key Points:
- Leverage Caution: Given the volatility, I recommend a maximum leverage of 8x. Market makers often profit significantly from liquidations, and we need to be cautious.
- Liquidation Insights: According to Coinglass, on October 30th, approximately 500k in shorts were liquidated across all exchanges, primarily in the 25x to 100x range, alongside $1.36 million in long liquidations. As of today, October 31st, it seems the shorts are facing the brunt of the market's movements.
- Market Inflows: Today, we’ve seen a significant inflow of around 6.35 million TIA (~$30 million) with minimal outflow. This suggests strong buying interest, but we must remain vigilant.
- Open Interest Trends: Open interest has reached an all-time high of $305 million, with an estimated 60% of positions being shorts. The funding rate has shifted from negative (since September 10th) to positive as of October 31st, indicating a potential shift in market sentiment towards longs.
- Market Cap Considerations: Despite the current pump, I remain convinced that the overall market cap increase will eventually lead to a price correction. Patience will be key as we navigate this volatility.
Conclusion: While the current price action may seem bullish, I advise caution. Monitor the liquidation data and open interest closely on Coinglass, and be prepared for potential reversals. Take care and trade wisely!
تم فتح الصفقة
It appears that TIA2USD is experiencing a gradual decline. Over the past 48 hours, we've seen an inflow of over $10 million worth of TIA2USD (approximately 2 million TIA) onto exchanges.
Looking ahead, we have 18,000 pending undelegations over the next 21 days, totaling around 24 million TIA (approximately $120 million). Notably, 6 million TIA will be undelegated and released into the market on November 20th, which could lead to significant selling pressure as holders look to extract value.
Trust in the asset is waning, as evidenced by a decrease of 5,000 addresses and a loss of 12,000 delegates in the last 30 days. In just the past 24 hours, we've seen a drop of 228 unique delegates.
As the US election is ongoing, we can expect some small pump turbulence, with the outcome set to be revealed in 4 days. There may be some hype following the election, but this could quickly turn into disillusionment and fear thereafter.
I advise using a maximum of 8x leverage, as market makers and exchanges are actively hunting those using 20 to 100x leverage. This is good food for them and their wallets.
Overall, the market sentiment is shifting, and caution is advised as we navigate these developments.
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