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Celestia founder responded to questioning: All tokens experience a 95% decline at some stage of their life cycle, and the team currently has more than $100 million in funding reserves
According to Foresight News, yesterday, Twitter user 0xCircusLover posted a message that "the Celestia executive team unlocked all tokens in October 2024. In addition, Celestia founder Mustafa sold over US$25 million worth of TIA tokens through off-market OTC and moved to Dubai." In response, Mustafa issued a reply today saying, "I have been engaged in the cryptocurrency field since 2010 and know that survival in this industry must be tenacious and able to withstand various tests, because all tokens will experience a 95% decline at some stage of their life cycle. We have more than 1 With a $100 million reserve and a development path for more than six years, we are ready to fight a protracted war, no matter how long it takes."
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