Chris Burniske Remains Optimistic About TIA Despite Market Skepticism

According to BlockBeats, on September 15, Chris Burniske, former head of crypto at Ark Invest and current partner at Placeholder VC, expressed his continued optimism about TIA on social media. Burniske criticized those who are bearish on TIA, stating that they lack understanding of several key points about the ecosystem. Burniske believes that TIA is fundamentally undervalued. He highlighted that CelestiaOrg, the ecosystem behind TIA, is operating at full capacity with a diverse group of passionate developers actively experimenting. He also mentioned that the so-called 'evil VCs' who have been provided with liquidity are unlikely to sell off in October as expected, due to their recognition of the ecosystem's progress and the team's vision. Furthermore, Burniske pointed out that many major supporters of TIA are not solely focused on short-term gains, contrary to external perceptions. He added that buyers who have been hesitant due to concerns about unlocking pressures will be encouraged by positive price movements and reduced uncertainty, prompting them to take action.