Al-Bassam sidestepped the specifics regarding the accusations of financial mismanagement and premature sales. The Celestia executive explained that all tokens have a 95% drawdown at some point in their lifecycle.
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Celestia Founder Reveals $100 Million Treasury as TIA Surges 11% Despite FUD
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Mustafa Al‑Bassam said a 95% token drawdown is common in crypto lifecycles
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