<p>Celestia &#273;ang b&#432;&#7899;c v&agrave;o giai &#273;o&#7841;n quan tr&#7885;ng v&#7899;i hai thay &#273;&#7893;i c&#417; b&#7843;n: n&acirc;ng c&#7845;p Matcha v&agrave; &#273;&#7873; xu&#7845;t Proof-of-Governance (PoG).</p>
<p>Nh&#7919;ng c&#7843;i ti&#7871;n k&#7929; thu&#7853;t n&agrave;y v&agrave; vi&#7879;c t&aacute;i c&#7845;u tr&uacute;c tokenomics c&oacute; th&#7875; bi&#7871;n TIA t&#7915; m&#7897;t token l&#7841;m ph&aacute;t cao th&agrave;nh m&#7897;t t&agrave;i s&#7843;n c&oacute; kh&#7843; n&#259;ng gi&#7843;m ph&aacute;t. V&#7899;i k&#7923; v&#7885;ng ng&agrave;y c&agrave;ng t&#259;ng t&#7915; c&#7897;ng &#273;&#7891;ng v&agrave; h&#7879; sinh th&aacute;i m&#7903; r&#7897;ng nhanh ch&oacute;ng, c&acirc;u h&#7887;i &#273;&#7863;t ra l&agrave;: Li&#7879;u TIA c&oacute; th&#7875; b&#7913;t ph&aacute; m&#7841;nh m&#7869; trong nh&#7919;ng n&#259;m t&#7899;i?</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-matcha-technical-upgrade-and-supply-tightening">Matcha: N&acirc;ng c&#7845;p k&#7929; thu&#7853;t v&agrave; th&#7855;t ch&#7863;t ngu&#7891;n cung</h2>

<p>Theo <a href="https://x.com/celestia/status/1967982135798808925" target="_blank" rel="noreferrer noopener">th&ocirc;ng b&aacute;o ch&iacute;nh th&#7913;c c&#7911;a Celestia</a>, n&acirc;ng c&#7845;p Matcha s&#7869; t&#259;ng k&iacute;ch th&#432;&#7899;c kh&#7889;i l&ecirc;n 128MB, t&#7889;i &#432;u h&oacute;a vi&#7879;c truy&#7873;n kh&#7889;i v&agrave; c&#7843;i thi&#7879;n hi&#7879;u su&#7845;t theo &#273;&#7873; xu&#7845;t CIP-38. Quan tr&#7885;ng h&#417;n, &#273;&#7873; xu&#7845;t CIP-41 gi&#7843;m l&#7841;m ph&aacute;t h&agrave;ng n&#259;m t&#7915; kho&#7843;ng 5% xu&#7889;ng c&ograve;n 2.5%, tr&#7921;c ti&#7871;p th&#7855;t ch&#7863;t ngu&#7891;n cung l&#432;u th&ocirc;ng c&#7911;a TIA. Thay &#273;&#7893;i n&agrave;y l&agrave;m cho TIA tr&#7903; n&ecirc;n h&#7845;p d&#7851;n h&#417;n &#273;&#7889;i v&#7899;i c&aacute;c nh&agrave; &#273;&#7847;u t&#432; d&agrave;i h&#7841;n v&agrave; c&#7911;ng c&#7889; vai tr&ograve; c&#7911;a n&oacute; nh&#432; m&#7897;t t&agrave;i s&#7843;n th&#7871; ch&#7845;p ti&#7873;m n&#259;ng trong <a href="https://beincrypto.com/learn/tradfi-vs-defi-guide/" target="_blank" rel="noreferrer noopener">DeFi</a>.</p>
<img style="height:400px;width:640px;" decoding="async" alt="T&#7927; l&#7879; l&#7841;m ph&aacute;t theo th&#7901;i gian c&#7911;a Celestia. Ngu&#7891;n: Celestia" class="wp-image-752635 lazy" style="width:1024px;height:auto" loading="lazy" src="https://assets.beincrypto.com/img/xuFe60hgGulduRXxLFyBf45jgog=/smart/3d2f3d23c0884ad9bc0e297b3526e609">T&#7927; l&#7879; l&#7841;m ph&aacute;t theo th&#7901;i gian c&#7911;a Celestia. Ngu&#7891;n: <a href="https://github.com/celestiaorg/CIPs/blob/main/cips/cip-041.md" target="_blank" rel="noreferrer noopener">Celestia</a>

<p>V&#432;&#7907;t ra ngo&agrave;i &#273;&#7897;ng l&#7921;c cung c&#7845;p, Matcha c&#361;ng m&#7903; r&#7897;ng &ldquo;kh&ocirc;ng gian kh&#7889;i&rdquo; c&oacute; s&#7861;n cho rollups, lo&#7841;i b&#7887; r&agrave;o c&#7843;n l&#7885;c token cho IBC/Hyperlane, v&agrave; &#273;&#7883;nh v&#7883; Celestia l&agrave; l&#7899;p kh&#7843; d&#7909;ng d&#7919; li&#7879;u (DA) trung t&acirc;m cho c&aacute;c chu&#7895;i kh&aacute;c. &#272;i&#7873;u n&agrave;y &#273;&#7863;t n&#7873;n t&#7843;ng cho c&aacute;c ngu&#7891;n doanh thu m&#7899;i, v&igrave; ph&iacute; DA t&#7915; rollups c&oacute; th&#7875; &#273;&#432;&#7907;c chuy&#7875;n &#273;&#7875; h&#7895; tr&#7907; gi&aacute; tr&#7883; c&#7911;a TIA trong t&#432;&#417;ng lai.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-pog-the-path-toward-a-deflationary-token">PoG: Con &#273;&#432;&#7901;ng h&#432;&#7899;ng t&#7899;i m&#7897;t token gi&#7843;m ph&aacute;t?</h2>

<p>&#272;i&#7875;m n&#7893;i b&#7853;t ti&#7871;p theo l&agrave; &#273;&#7873; xu&#7845;t Proof-of-Governance (PoG). Theo <a href="https://x.com/Kairos_Res/status/1970095954717004250?utm_source=chatgpt.com" target="_blank" rel="noreferrer noopener">Kairos Research</a>, PoG c&oacute; th&#7875; gi&#7843;m ph&aacute;t h&agrave;nh h&agrave;ng n&#259;m xu&#7889;ng ch&#7881; c&ograve;n 0.25% &mdash; gi&#7843;m 20 l&#7847;n so v&#7899;i m&#7913;c hi&#7879;n t&#7841;i. V&#7899;i s&#7921; gi&#7843;m m&#7841;nh trong ph&aacute;t h&agrave;nh nh&#432; v&#7853;y, ng&#432;&#7905;ng doanh thu c&#7847;n thi&#7871;t &#273;&#7875; &#273;&#7849;y TIA v&agrave;o tr&#7841;ng th&aacute;i gi&#7843;m ph&aacute;t r&ograve;ng tr&#7903; n&ecirc;n r&#7845;t th&#7845;p.</p>
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<p>&ldquo;Ph&acirc;n t&iacute;ch c&#7911;a ch&uacute;ng t&ocirc;i cho th&#7845;y TIA c&oacute; th&#7875; chuy&#7875;n t&#7915; m&#7897;t token l&#7841;m ph&aacute;t sang m&#7897;t t&agrave;i s&#7843;n gi&#7843;m ph&aacute;t, ho&#7863;c g&#7847;n nh&#432; kh&ocirc;ng l&#7841;m ph&aacute;t d&#432;&#7899;i &#273;i&#7873;u ki&#7879;n ph&ugrave; h&#7907;p,&rdquo; Kairos Research <a href="https://x.com/Kairos_Res/status/1970095954717004250" target="_blank" rel="noreferrer noopener">nh&#7853;n x&eacute;t</a>.</p>
</blockquote>

<p>M&#7897;t s&#7889; chuy&ecirc;n gia cho r&#7857;ng ngay c&#7843; ph&iacute; DA c&#361;ng c&oacute; th&#7875; &#273;&#7911; &#273;&#7875; &#273;&#7849;y TIA v&agrave;o l&atilde;nh th&#7893; gi&#7843;m ph&aacute;t. Th&ecirc;m c&aacute;c ngu&#7891;n doanh thu m&#7899;i, ch&#7859;ng h&#7841;n nh&#432; m&#7897;t stablecoin h&#7879; sinh th&aacute;i ho&#7863;c <a href="https://vn.beincrypto.com/how-datcos-are-reshaping-crypto-investing/" target="_blank" rel="noreferrer noopener">DATs</a> t&#7841;o ra doanh thu, c&oacute; th&#7875; &ldquo;<a href="https://x.com/jadler0/status/1970225080593461510" target="_blank" rel="noopener">ho&agrave;n to&agrave;n l&#7853;t ng&#432;&#7907;c c&acirc;u chuy&#7879;n tokenomics c&#7911;a TIA</a>&rdquo;. Quan &#273;i&#7875;m n&agrave;y c&#7911;ng c&#7889; ni&#7873;m tin c&#7911;a c&#7897;ng &#273;&#7891;ng r&#7857;ng Celestia c&oacute; th&#7875; tr&#7903; th&agrave;nh m&#7897;t m&ocirc; h&igrave;nh cho vi&#7879;c li&ecirc;n k&#7871;t gi&aacute; tr&#7883; token v&#7899;i hi&#7879;u su&#7845;t kinh doanh th&#7921;c s&#7921;.</p>
<p>Ngay c&#7843; &#273;&#7891;ng s&aacute;ng l&#7853;p Celestia Mustafa Al-Bassam, ng&#432;&#7901;i t&#7915;ng ho&agrave;i nghi v&#7873; PoG, c&#361;ng &#273;&atilde; thay &#273;&#7893;i quan &#273;i&#7875;m. &Ocirc;ng so s&aacute;nh h&#7879; th&#7889;ng n&agrave;y v&#7899;i c&aacute;c c&#7845;u tr&uacute;c phi t&#7853;p trung b&#7873;n v&#7919;ng nh&#432; ICANN v&agrave; IANA, nh&#7919;ng t&#7893; ch&#7913;c &#273;&atilde; t&#7891;n t&#7841;i l&acirc;u d&agrave;i m&agrave; kh&ocirc;ng t&#7853;p trung quy&#7873;n l&#7921;c.</p>
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<p>&ldquo;Quan &#273;i&#7875;m n&agrave;y ph&ugrave; h&#7907;p v&#7899;i t&#7847;m nh&igrave;n c&#7911;a Celestia: b&#7857;ng c&aacute;ch cho ph&eacute;p c&aacute;c n&uacute;t nh&#7865; c&oacute; th&#7875; x&aacute;c minh, m&#7841;ng &#273;&#7843;m b&#7843;o r&#7857;ng c&aacute;c tr&igrave;nh x&aacute;c th&#7921;c kh&ocirc;ng c&#7847;n ph&#7843;i &#273;&#432;&#7907;c tin t&#432;&#7903;ng v&#7873; t&iacute;nh ch&iacute;nh x&aacute;c, b&#7843;o v&#7879; an ninh m&agrave; kh&ocirc;ng t&#7853;p trung quy&#7873;n l&#7921;c,&rdquo; Mustafa Al-Bassam <a href="https://x.com/musalbas/status/1970526655014699491" target="_blank" rel="noreferrer noopener">chia s&#7867;</a>.</p>
</blockquote>

<p>N&#7871;u Celestia th&#7921;c hi&#7879;n th&agrave;nh c&ocirc;ng, PoG c&oacute; th&#7875; l&agrave; m&#7897;t b&#432;&#7899;c ti&#7871;n c&#7921;c k&#7923; t&iacute;ch c&#7921;c cho to&agrave;n b&#7897; m&#7841;ng l&#432;&#7899;i.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-tia-high-expectations-but-risks-remain">TIA: K&#7923; v&#7885;ng cao, nh&#432;ng r&#7911;i ro v&#7851;n c&ograve;n</h2>

<p>V&#7873; gi&aacute; c&#7843;, TIA g&#7847;n &#273;&acirc;y &#273;&atilde; &#273;i&#7873;u ch&#7881;nh gi&#7843;m, ph&#7843;n &aacute;nh c&aacute;c t&iacute;n hi&#7879;u k&#7929; thu&#7853;t gi&#7843;m gi&aacute; ng&#7855;n h&#7841;n nh&#432; RSI, MACD v&agrave; d&ograve;ng v&#7889;n r&ograve;ng ch&#7843;y ra. T&#7841;i th&#7901;i &#273;i&#7875;m vi&#7871;t b&agrave;i, d&#7919; li&#7879;u t&#7915; BeInCrypto cho th&#7845;y TIA &#273;ang giao d&#7883;ch th&#7845;p h&#417;n h&#417;n 93% so v&#7899;i ATH v&agrave;o th&aacute;ng 02/2024.</p>
<img style="height:400px;width:640px;" decoding="async" alt="Bi&#7875;u &#273;&#7891; gi&aacute; TIA. Ngu&#7891;n: BeInCrypto" class="wp-image-752636 lazy" loading="lazy" src="https://assets.beincrypto.com/img/PiMu79u_7X8IL7f3Gsd08j8Zt_Y=/smart/3806a9961cec4da699cd0ec7dec2e9f5">Bi&#7875;u &#273;&#7891; gi&aacute; TIA. Ngu&#7891;n: <a href="https://beincrypto.com/price/celestia/" target="_blank" rel="noreferrer noopener">BeInCrypto</a>

<p>V&#7899;i s&#7921; bi&#7871;n &#273;&#7897;ng nh&#432; v&#7853;y, t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng v&#7851;n ch&#7911; y&#7871;u l&agrave; bi quan. M&#7897;t s&#7889; nh&agrave; &#273;&#7847;u t&#432; cho r&#7857;ng TIA l&agrave; v&iacute; d&#7909; cho c&acirc;u n&oacute;i, &ldquo;<a href="https://x.com/PostyXBT/status/1970798363864863200" target="_blank" rel="noreferrer noopener">&#273;&#7915;ng g&#7855;n b&oacute; qu&aacute; l&acirc;u v&#7899;i t&agrave;i s&#7843;n c&#7911;a b&#7841;n</a>.&rdquo; S&#7921; c&#432;&#7901;ng &#273;i&#7879;u t&#7915; airdrop 18&ndash;24 th&aacute;ng tr&#432;&#7899;c, k&#7871;t h&#7907;p v&#7899;i vi&#7879;c c&aacute;c nh&agrave; &#273;&#7847;u t&#432; m&#7841;o hi&#7875;m li&ecirc;n t&#7909;c m&#7903; kh&oacute;a token v&agrave; l&agrave;m gi&#7843;m gi&aacute; tr&#7883; c&#7911;a n&oacute;, &#273;&atilde; g&acirc;y &aacute;p l&#7921;c n&#7863;ng n&#7873; l&ecirc;n token. M&#7897;t s&#7889; th&#7853;m ch&iacute; c&ograve;n m&ocirc; t&#7843; bi&#7875;u &#273;&#7891; c&#7911;a TIA l&agrave; &ldquo;<a href="https://x.com/AltCryptoGems/status/1970911111156465985" target="_blank" rel="noreferrer noopener">&#273;au &#273;&#7899;n v&agrave; kh&#7893; s&#7903;</a>!&rdquo;</p>
<p>Do &#273;&oacute;, nh&#7919;ng &#273;&#7873; xu&#7845;t m&#7899;i n&agrave;y v&agrave; <a href="https://vn.beincrypto.com/tia-rally-celestia-founder-reserves/" target="_blank" rel="noreferrer noopener">kho b&#7841;c 100 tri&#7879;u USD</a> c&oacute; th&#7875; tr&#7903; th&agrave;nh c&#7913;u c&aacute;nh cho d&#7921; &aacute;n. Tuy nhi&ecirc;n, ch&igrave;a kh&oacute;a n&#7857;m &#7903; vi&#7879;c th&#7921;c hi&#7879;n. PoG y&ecirc;u c&#7847;u s&#7921; ch&#7845;p thu&#7853;n c&#7911;a c&#7897;ng &#273;&#7891;ng, ph&acirc;n ph&#7889;i doanh thu v&agrave; c&#417; ch&#7871; mua l&#7841;i/&#273;&#7889;t minh b&#7841;ch, v&agrave; s&#7889; l&#432;&#7907;ng rollups s&#7917; d&#7909;ng Celestia ph&#7843;i &#273;&#7911; l&#7899;n &#273;&#7875; t&#7841;o ra doanh thu ph&iacute; DA b&#7873;n v&#7919;ng. N&#7871;u doanh thu DA kh&ocirc;ng t&#259;ng nhanh ho&#7863;c c&aacute;c &#273;&#7889;i th&#7911; nh&#432; EigenDA v&#432;&#7907;t l&ecirc;n, k&#7883;ch b&#7843;n gi&#7843;m ph&aacute;t c&oacute; th&#7875; b&#7883; tr&igrave; ho&atilde;n.</p>


Nâng cấp Celestia và Proof-of-Governance: Bước ngoặt cho TIA?

<p>Celestia &#273;ang b&#432;&#7899;c v&agrave;o giai &#273;o&#7841;n quan tr&#7885;ng v&#7899;i hai thay &#273;&#7893;i c&#417; b&#7843;n: n&acirc;ng c&#7845;p Matcha v&agrave; &#273;&#7873; xu&#7845;t Proof-of-Governance (PoG).</p>
<p>Nh&#7919;ng c&#7843;i ti&#7871;n k&#7929; thu&#7853;t n&agrave;y v&agrave; vi&#7879;c t&aacute;i c&#7845;u tr&uacute;c tokenomics c&oacute; th&#7875; bi&#7871;n TIA t&#7915; m&#7897;t token l&#7841;m ph&aacute;t cao th&agrave;nh m&#7897;t t&agrave;i s&#7843;n c&oacute; kh&#7843; n&#259;ng gi&#7843;m ph&aacute;t. V&#7899;i k&#7923; v&#7885;ng ng&agrave;y c&agrave;ng t&#259;ng t&#7915; c&#7897;ng &#273;&#7891;ng v&agrave; h&#7879; sinh th&aacute;i m&#7903; r&#7897;ng nhanh ch&oacute;ng, c&acirc;u h&#7887;i &#273;&#7863;t ra l&agrave;: Li&#7879;u TIA c&oacute; th&#7875; b&#7913;t ph&aacute; m&#7841;nh m&#7869; trong nh&#7919;ng n&#259;m t&#7899;i?</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-matcha-technical-upgrade-and-supply-tightening">Matcha: N&acirc;ng c&#7845;p k&#7929; thu&#7853;t v&agrave; th&#7855;t ch&#7863;t ngu&#7891;n cung</h2>

<p>Theo <a href="https://x.com/celestia/status/1967982135798808925" target="_blank" rel="noreferrer noopener">th&ocirc;ng b&aacute;o ch&iacute;nh th&#7913;c c&#7911;a Celestia</a>, n&acirc;ng c&#7845;p Matcha s&#7869; t&#259;ng k&iacute;ch th&#432;&#7899;c kh&#7889;i l&ecirc;n 128MB, t&#7889;i &#432;u h&oacute;a vi&#7879;c truy&#7873;n kh&#7889;i v&agrave; c&#7843;i thi&#7879;n hi&#7879;u su&#7845;t theo &#273;&#7873; xu&#7845;t CIP-38. Quan tr&#7885;ng h&#417;n, &#273;&#7873; xu&#7845;t CIP-41 gi&#7843;m l&#7841;m ph&aacute;t h&agrave;ng n&#259;m t&#7915; kho&#7843;ng 5% xu&#7889;ng c&ograve;n 2.5%, tr&#7921;c ti&#7871;p th&#7855;t ch&#7863;t ngu&#7891;n cung l&#432;u th&ocirc;ng c&#7911;a TIA. Thay &#273;&#7893;i n&agrave;y l&agrave;m cho TIA tr&#7903; n&ecirc;n h&#7845;p d&#7851;n h&#417;n &#273;&#7889;i v&#7899;i c&aacute;c nh&agrave; &#273;&#7847;u t&#432; d&agrave;i h&#7841;n v&agrave; c&#7911;ng c&#7889; vai tr&ograve; c&#7911;a n&oacute; nh&#432; m&#7897;t t&agrave;i s&#7843;n th&#7871; ch&#7845;p ti&#7873;m n&#259;ng trong <a href="https://beincrypto.com/learn/tradfi-vs-defi-guide/" target="_blank" rel="noreferrer noopener">DeFi</a>.</p>
<img style="height:400px;width:640px;"decoding="async" alt="T&#7927; l&#7879; l&#7841;m ph&aacute;t theo th&#7901;i gian c&#7911;a Celestia. Ngu&#7891;n: Celestia" class="wp-image-752635 lazy" style="width:1024px;height:auto" loading="lazy" src="https://assets.beincrypto.com/img/xuFe60hgGulduRXxLFyBf45jgog=/smart/3d2f3d23c0884ad9bc0e297b3526e609">T&#7927; l&#7879; l&#7841;m ph&aacute;t theo th&#7901;i gian c&#7911;a Celestia. Ngu&#7891;n: <a href="https://github.com/celestiaorg/CIPs/blob/main/cips/cip-041.md" target="_blank" rel="noreferrer noopener">Celestia</a>

<p>V&#432;&#7907;t ra ngo&agrave;i &#273;&#7897;ng l&#7921;c cung c&#7845;p, Matcha c&#361;ng m&#7903; r&#7897;ng &ldquo;kh&ocirc;ng gian kh&#7889;i&rdquo; c&oacute; s&#7861;n cho rollups, lo&#7841;i b&#7887; r&agrave;o c&#7843;n l&#7885;c token cho IBC/Hyperlane, v&agrave; &#273;&#7883;nh v&#7883; Celestia l&agrave; l&#7899;p kh&#7843; d&#7909;ng d&#7919; li&#7879;u (DA) trung t&acirc;m cho c&aacute;c chu&#7895;i kh&aacute;c. &#272;i&#7873;u n&agrave;y &#273;&#7863;t n&#7873;n t&#7843;ng cho c&aacute;c ngu&#7891;n doanh thu m&#7899;i, v&igrave; ph&iacute; DA t&#7915; rollups c&oacute; th&#7875; &#273;&#432;&#7907;c chuy&#7875;n &#273;&#7875; h&#7895; tr&#7907; gi&aacute; tr&#7883; c&#7911;a TIA trong t&#432;&#417;ng lai.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-pog-the-path-toward-a-deflationary-token">PoG: Con &#273;&#432;&#7901;ng h&#432;&#7899;ng t&#7899;i m&#7897;t token gi&#7843;m ph&aacute;t?</h2>

<p>&#272;i&#7875;m n&#7893;i b&#7853;t ti&#7871;p theo l&agrave; &#273;&#7873; xu&#7845;t Proof-of-Governance (PoG). Theo <a href="https://x.com/Kairos_Res/status/1970095954717004250?utm_source=chatgpt.com" target="_blank" rel="noreferrer noopener">Kairos Research</a>, PoG c&oacute; th&#7875; gi&#7843;m ph&aacute;t h&agrave;nh h&agrave;ng n&#259;m xu&#7889;ng ch&#7881; c&ograve;n 0.25% &mdash; gi&#7843;m 20 l&#7847;n so v&#7899;i m&#7913;c hi&#7879;n t&#7841;i. V&#7899;i s&#7921; gi&#7843;m m&#7841;nh trong ph&aacute;t h&agrave;nh nh&#432; v&#7853;y, ng&#432;&#7905;ng doanh thu c&#7847;n thi&#7871;t &#273;&#7875; &#273;&#7849;y TIA v&agrave;o tr&#7841;ng th&aacute;i gi&#7843;m ph&aacute;t r&ograve;ng tr&#7903; n&ecirc;n r&#7845;t th&#7845;p.</p>
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<p>&ldquo;Ph&acirc;n t&iacute;ch c&#7911;a ch&uacute;ng t&ocirc;i cho th&#7845;y TIA c&oacute; th&#7875; chuy&#7875;n t&#7915; m&#7897;t token l&#7841;m ph&aacute;t sang m&#7897;t t&agrave;i s&#7843;n gi&#7843;m ph&aacute;t, ho&#7863;c g&#7847;n nh&#432; kh&ocirc;ng l&#7841;m ph&aacute;t d&#432;&#7899;i &#273;i&#7873;u ki&#7879;n ph&ugrave; h&#7907;p,&rdquo; Kairos Research <a href="https://x.com/Kairos_Res/status/1970095954717004250" target="_blank" rel="noreferrer noopener">nh&#7853;n x&eacute;t</a>.</p>
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<p>M&#7897;t s&#7889; chuy&ecirc;n gia cho r&#7857;ng ngay c&#7843; ph&iacute; DA c&#361;ng c&oacute; th&#7875; &#273;&#7911; &#273;&#7875; &#273;&#7849;y TIA v&agrave;o l&atilde;nh th&#7893; gi&#7843;m ph&aacute;t. Th&ecirc;m c&aacute;c ngu&#7891;n doanh thu m&#7899;i, ch&#7859;ng h&#7841;n nh&#432; m&#7897;t stablecoin h&#7879; sinh th&aacute;i ho&#7863;c <a href="https://vn.beincrypto.com/how-datcos-are-reshaping-crypto-investing/" target="_blank" rel="noreferrer noopener">DATs</a> t&#7841;o ra doanh thu, c&oacute; th&#7875; &ldquo;<a href="https://x.com/jadler0/status/1970225080593461510" target="_blank" rel="noopener">ho&agrave;n to&agrave;n l&#7853;t ng&#432;&#7907;c c&acirc;u chuy&#7879;n tokenomics c&#7911;a TIA</a>&rdquo;. Quan &#273;i&#7875;m n&agrave;y c&#7911;ng c&#7889; ni&#7873;m tin c&#7911;a c&#7897;ng &#273;&#7891;ng r&#7857;ng Celestia c&oacute; th&#7875; tr&#7903; th&agrave;nh m&#7897;t m&ocirc; h&igrave;nh cho vi&#7879;c li&ecirc;n k&#7871;t gi&aacute; tr&#7883; token v&#7899;i hi&#7879;u su&#7845;t kinh doanh th&#7921;c s&#7921;.</p>
<p>Ngay c&#7843; &#273;&#7891;ng s&aacute;ng l&#7853;p Celestia Mustafa Al-Bassam, ng&#432;&#7901;i t&#7915;ng ho&agrave;i nghi v&#7873; PoG, c&#361;ng &#273;&atilde; thay &#273;&#7893;i quan &#273;i&#7875;m. &Ocirc;ng so s&aacute;nh h&#7879; th&#7889;ng n&agrave;y v&#7899;i c&aacute;c c&#7845;u tr&uacute;c phi t&#7853;p trung b&#7873;n v&#7919;ng nh&#432; ICANN v&agrave; IANA, nh&#7919;ng t&#7893; ch&#7913;c &#273;&atilde; t&#7891;n t&#7841;i l&acirc;u d&agrave;i m&agrave; kh&ocirc;ng t&#7853;p trung quy&#7873;n l&#7921;c.</p>
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<p>&ldquo;Quan &#273;i&#7875;m n&agrave;y ph&ugrave; h&#7907;p v&#7899;i t&#7847;m nh&igrave;n c&#7911;a Celestia: b&#7857;ng c&aacute;ch cho ph&eacute;p c&aacute;c n&uacute;t nh&#7865; c&oacute; th&#7875; x&aacute;c minh, m&#7841;ng &#273;&#7843;m b&#7843;o r&#7857;ng c&aacute;c tr&igrave;nh x&aacute;c th&#7921;c kh&ocirc;ng c&#7847;n ph&#7843;i &#273;&#432;&#7907;c tin t&#432;&#7903;ng v&#7873; t&iacute;nh ch&iacute;nh x&aacute;c, b&#7843;o v&#7879; an ninh m&agrave; kh&ocirc;ng t&#7853;p trung quy&#7873;n l&#7921;c,&rdquo; Mustafa Al-Bassam <a href="https://x.com/musalbas/status/1970526655014699491" target="_blank" rel="noreferrer noopener">chia s&#7867;</a>.</p>
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<p>N&#7871;u Celestia th&#7921;c hi&#7879;n th&agrave;nh c&ocirc;ng, PoG c&oacute; th&#7875; l&agrave; m&#7897;t b&#432;&#7899;c ti&#7871;n c&#7921;c k&#7923; t&iacute;ch c&#7921;c cho to&agrave;n b&#7897; m&#7841;ng l&#432;&#7899;i.</p>
<h2 class="bic-gutenberg-heading wp-heading wp-block-heading" id="h-tia-high-expectations-but-risks-remain">TIA: K&#7923; v&#7885;ng cao, nh&#432;ng r&#7911;i ro v&#7851;n c&ograve;n</h2>

<p>V&#7873; gi&aacute; c&#7843;, TIA g&#7847;n &#273;&acirc;y &#273;&atilde; &#273;i&#7873;u ch&#7881;nh gi&#7843;m, ph&#7843;n &aacute;nh c&aacute;c t&iacute;n hi&#7879;u k&#7929; thu&#7853;t gi&#7843;m gi&aacute; ng&#7855;n h&#7841;n nh&#432; RSI, MACD v&agrave; d&ograve;ng v&#7889;n r&ograve;ng ch&#7843;y ra. T&#7841;i th&#7901;i &#273;i&#7875;m vi&#7871;t b&agrave;i, d&#7919; li&#7879;u t&#7915; BeInCrypto cho th&#7845;y TIA &#273;ang giao d&#7883;ch th&#7845;p h&#417;n h&#417;n 93% so v&#7899;i ATH v&agrave;o th&aacute;ng 02/2024.</p>
<img style="height:400px;width:640px;"decoding="async" alt="Bi&#7875;u &#273;&#7891; gi&aacute; TIA. Ngu&#7891;n: BeInCrypto" class="wp-image-752636 lazy" loading="lazy" src="https://assets.beincrypto.com/img/PiMu79u_7X8IL7f3Gsd08j8Zt_Y=/smart/3806a9961cec4da699cd0ec7dec2e9f5">Bi&#7875;u &#273;&#7891; gi&aacute; TIA. Ngu&#7891;n: <a href="https://beincrypto.com/price/celestia/" target="_blank" rel="noreferrer noopener">BeInCrypto</a>

<p>V&#7899;i s&#7921; bi&#7871;n &#273;&#7897;ng nh&#432; v&#7853;y, t&acirc;m l&yacute; th&#7883; tr&#432;&#7901;ng v&#7851;n ch&#7911; y&#7871;u l&agrave; bi quan. M&#7897;t s&#7889; nh&agrave; &#273;&#7847;u t&#432; cho r&#7857;ng TIA l&agrave; v&iacute; d&#7909; cho c&acirc;u n&oacute;i, &ldquo;<a href="https://x.com/PostyXBT/status/1970798363864863200" target="_blank" rel="noreferrer noopener">&#273;&#7915;ng g&#7855;n b&oacute; qu&aacute; l&acirc;u v&#7899;i t&agrave;i s&#7843;n c&#7911;a b&#7841;n</a>.&rdquo; S&#7921; c&#432;&#7901;ng &#273;i&#7879;u t&#7915; airdrop 18&ndash;24 th&aacute;ng tr&#432;&#7899;c, k&#7871;t h&#7907;p v&#7899;i vi&#7879;c c&aacute;c nh&agrave; &#273;&#7847;u t&#432; m&#7841;o hi&#7875;m li&ecirc;n t&#7909;c m&#7903; kh&oacute;a token v&agrave; l&agrave;m gi&#7843;m gi&aacute; tr&#7883; c&#7911;a n&oacute;, &#273;&atilde; g&acirc;y &aacute;p l&#7921;c n&#7863;ng n&#7873; l&ecirc;n token. M&#7897;t s&#7889; th&#7853;m ch&iacute; c&ograve;n m&ocirc; t&#7843; bi&#7875;u &#273;&#7891; c&#7911;a TIA l&agrave; &ldquo;<a href="https://x.com/AltCryptoGems/status/1970911111156465985" target="_blank" rel="noreferrer noopener">&#273;au &#273;&#7899;n v&agrave; kh&#7893; s&#7903;</a>!&rdquo;</p>
<p>Do &#273;&oacute;, nh&#7919;ng &#273;&#7873; xu&#7845;t m&#7899;i n&agrave;y v&agrave; <a href="https://vn.beincrypto.com/tia-rally-celestia-founder-reserves/" target="_blank" rel="noreferrer noopener">kho b&#7841;c 100 tri&#7879;u USD</a> c&oacute; th&#7875; tr&#7903; th&agrave;nh c&#7913;u c&aacute;nh cho d&#7921; &aacute;n. Tuy nhi&ecirc;n, ch&igrave;a kh&oacute;a n&#7857;m &#7903; vi&#7879;c th&#7921;c hi&#7879;n. PoG y&ecirc;u c&#7847;u s&#7921; ch&#7845;p thu&#7853;n c&#7911;a c&#7897;ng &#273;&#7891;ng, ph&acirc;n ph&#7889;i doanh thu v&agrave; c&#417; ch&#7871; mua l&#7841;i/&#273;&#7889;t minh b&#7841;ch, v&agrave; s&#7889; l&#432;&#7907;ng rollups s&#7917; d&#7909;ng Celestia ph&#7843;i &#273;&#7911; l&#7899;n &#273;&#7875; t&#7841;o ra doanh thu ph&iacute; DA b&#7873;n v&#7919;ng. N&#7871;u doanh thu DA kh&ocirc;ng t&#259;ng nhanh ho&#7863;c c&aacute;c &#273;&#7889;i th&#7911; nh&#432; EigenDA v&#432;&#7907;t l&ecirc;n, k&#7883;ch b&#7843;n gi&#7843;m ph&aacute;t c&oacute; th&#7875; b&#7883; tr&igrave; ho&atilde;n.</p>
