Odaily News Celestia founder Mustafa Al-Bassam posted on X: "Despite the ongoing FUD, which becomes more absurd by the day, all the founders, early employees, and core engineers of Celestia remain steadfast here, and we are still as committed as we were when Celestia was founded five years ago. I don’t care about any FUD; I entered the encryption industry in 2010 and have long understood that surviving in this field requires thick skin and the ability to swallow sand. After all, all tokens will experience a 95% big dump during their lifecycle. We have over $100 million in reserve funds and more than six years of operating funds, so we are prepared for a prolonged battle, no matter how long it takes."
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Celestia founder: Reserve funds exceed $100 million, enough to support operations for over 6 years.
Odaily News Celestia founder Mustafa Al-Bassam posted on X: "Despite the ongoing FUD, which becomes more absurd by the day, all the founders, early employees, and core engineers of Celestia remain steadfast here, and we are still as committed as we were when Celestia was founded five years ago. I don’t care about any FUD; I entered the encryption industry in 2010 and have long understood that surviving in this field requires thick skin and the ability to swallow sand. After all, all tokens will experience a 95% big dump during their lifecycle. We have over $100 million in reserve funds and more than six years of operating funds, so we are prepared for a prolonged battle, no matter how long it takes."