"From Airdrop to Freefall: Celestia’s Tokenomics Under Fire" explores the dramatic evolution of Celestia's tokenomics, beginning with the initial excitement and enthusiasm surrounding the cryptocurrency airdrop, which attracted a multitude of investors and generated significant buzz in the blockchain community. However, as time progressed, the project's economic strategies and token distribution mechanisms came under scrutiny, leading to a sharp decline in market confidence and a subsequent freefall in the value of its tokens. This article delves into the underlying factors contributing to the decline, examines the criticisms levied against Celestia's economic model, and considers the broader implications for the future of the project and the cryptocurrency landscape as a whole.
source: https://www.coindesk.com/business/2025/08/05/from-airdrop-to-freefall-celestia-s-tokenomics-under-fire