Peningkatan Jaringan Lemongrass Celestia: TIA Naik 13% setelah Pengumuman Baru

Celestia: Dukungan Para Bear setelah Pengumuman Lemongrass

Recent News from KoinGecko has revealed that Celestia has gained over 13% in the past week after announcing the upcoming network upgrade named Lemongrass. This surge has put the token in the spotlight, driven by the anticipation of the network’s first major upgrade. The improvements promised by Lemongrass are expected to enhance the overall user experience on the network.

With the current market momentum, Celestia’s future looks promising as it continues its upward trajectory. However, investors should remain cautious of upcoming macroeconomic indicators that could favor the bearish side.

Lemongrass: The First Network Upgrade for Celestia

Celestia’s official account recently shared details about the Lemongrass update, outlining new features that will be part of the upgrade. The post highlighted features like seamless 1-click interactions with other IBC chains, Interchain accounts, and new enhancement mechanisms.

Celestia tweeted, “The first upgrade for Celestia, Lemongrass, is coming soon. Developed and coordinated with the community, Lemongrass includes one-click Tia interactions with other IBC chains, Interchain accounts, and new upgrade mechanisms.”

The official blog post on the platform discussed the approved new features, including a pricing enforcement feature that will set a minimum gas price for transactions, enhancing network efficiency and cost considerations.

Trading Days Ahead for Celestia

The current token movement is not as expected, with TIA hovering between $4.8-$5.8, limiting significant price movements. While the market is showing signs of an upward trend, the cooling-off phase may indicate a forthcoming dip or surge.

As the market awaits upcoming macroeconomic releases, the stability in the coming days could be followed by extreme volatility that might lead to upward or downward price swings. Depending on positive economic growth, TIA could aim for $6 in the short term and set sights on $8 in the long term. Conversely, a downturn could see TIA drop below $4, putting long-term holders in a challenging position.

Main image from Pexels, chart from TradingView