Celestia in Crisis: Tokenomics Challenges Trigger Sharp Decline

Initially, Celestia's tokenomics seemed promising with a balanced approach to incentivize network participation and growth. However, recent developments have cast doubt on its sustainability, leading to a sharp decline in confidence and value, effectively turning a promising airdrop into a crypto freefall. This shift highlights potential flaws in the token distribution model or economic incentives that could undermine long-term viability.