Celestia's native token, TIA, is set for a major supply increase on October 30, with a token unlock that will nearly double its circulating supply by releasing 175 million TIA, valued around $920 million. This event, the largest since TIA’s launch, allocates huge portions to core contributors, early investors, and seed investors, totaling 80% of the current supply. Token unlocks are typically bearish due to the sudden influx of supply, and TIA’s price is already 80% from previous highs. Source: Coindesk
