Celestial (CELT) Airdrop Details & Token Distribution Explained
Oct, 24 2024
Celestial (CELT) Token Distribution Calculator
Token Distribution Overview
Celestial (CELT) had a total supply of 4.92 billion tokens with a hard cap of 5 billion. The distribution was primarily focused on private and pre-sale investors with no public airdrop.
Pre-Sale Allocation
700 million CELT
Staged Release Schedule
560 million CELT
Remaining Supply
3.66 billion CELT
Everyone’s asking: did Celestial (CELT) actually give away free tokens, or was it just a fancy release schedule? This article pulls apart the official numbers, the airdrop myths, and the real way the tokens got into investors’ wallets. By the end you’ll know exactly how Celestial’s supply was allocated, where you can buy the coin today, and why it’s not the same as the massive Celestia (TIA) airdrop you might have heard about.
Quick Take
- Celestial completed its Token Generation Event on 30Sep2021 with a 4.92B‑token supply.
- No public community airdrop was launched; the distribution focused on private and pre‑sale investors.
- 700M CELT (≈14% of total) were allocated to early investors with a staged release (20% immediately, then 10% per month for nine months).
- Current price is ~$0.00003674, down ~98% from the $0.002 pre‑sale price.
- You can trade CELT on Bitget via spot, convert, or swap options.
What Is Celestial (CELT)?
Celestial is a blockchain project that launched its native token, CELT, during a Token Generation Event (TGE) on 30September2021. The token’s design targets a modular ecosystem for decentralized finance applications, though development updates have been scarce since the initial launch.
Token Generation Event & Funding Rounds
The TGE minted 4.92billion CELT tokens, with a hard cap of 5billion. Funding came from three rounds:
- Private sale: early strategic investors (including ZBS Capitala Tier‑3 venture capital firm that backed Celestial’s development) bought a large chunk at undisclosed terms.
- Pre‑sale: raised $1.40M at $0.002 per CELT, accounting for roughly 14.21% of the total supply (700M tokens).
- IDO/ICO: the remaining public sale contributed $0.09M, filling out the rest of the token pool.
The total funds collected were about $1.49M, giving the project a modest market cap of $109.29K at the time of writing.
How the Tokens Were Actually Distributed
Instead of a classic airdrop where anyone can claim free tokens, Celestial used a structured release schedule:
- 20% of the allocated investor tokens unlocked immediately after the TGE.
- The remaining 80% were released linearly at 10% per month over the next nine months.
- Some allocations had no lock‑up, meaning early investors could trade or move tokens right away.
Because the schedule targets investors, there’s practically zero “air‑dropped” supply floating in the community. Public reports even list the circulating supply as 0CELT, highlighting how the release phases are still catching up with blockchain explorers.
Celestial vs. Celestia: Why the Confusion Happens
The name similarity leads many to mix up Celestial (CELT) with Celestia (TIA), a separate modular blockchain that actually handed out 60M TIA tokens in a high‑profile airdrop. Here’s a side‑by‑side look:
| Feature | Celestial (CELT) | Celestia (TIA) |
|---|---|---|
| Launch Year | 2021 | 2023 |
| Total Supply | 4.92B (max 5B) | 10B |
| Initial Distribution | Private & pre‑sale investors (no public airdrop) | 60M TIA airdrop + public sale |
| Current Price (Oct2025) | $0.00003674 | ≈$17 |
| Primary Use‑case | DeFi modular platform (limited adoption) | Data‑availability layer for modular blockchains |
Bottom line: If you’re hunting for a big free‑token windfall, Celestial isn’t the place. Celestia is the project that actually delivered a sizeable airdrop.
Where Can You Buy or Trade CELT Today?
If you still want exposure to CELT, the only listed venue is the Bitget exchangea crypto platform offering spot, margin, futures, and swap services for CELT. Users can:
- Buy CELT on the spot market using USDT or BTC.
- Convert other tokens to CELT via Bitget Convert.
- Swap directly between CELT and other pairs on Bitget Swap.
Beyond trading, Bitget also runs earn programs and copy‑trading bots that support CELT, though the liquidity is thin and spreads can be wide.
Market Performance - Numbers That Matter
When the pre‑sale closed, investors paid $0.002 per token. Fast‑forward to October2025, the price sits at $0.00003674 - a ~98% drop. That translates to a 72‑fold loss compared to the all‑time high, which briefly hit $0.00265 during the hype wave in early 2022.
The market cap now hovers around $109K, far below the $3M‑plus valuation the project achieved after the IDO. The huge supply (nearly 5B tokens) combined with limited utility explains why the price struggled to hold its early gains.
Why There Was No Public Airdrop
Celestial’s tokenomics were built around rewarding the capital that funded the early development. The team decided to allocate:
- 14.21% to private & pre‑sale investors (the 700M token block).
- The rest for ecosystem incentives, future partnerships, and reserve funds.
Because the ecosystem never launched a broad user base, a classic airdrop would have flooded the market with extra supply, further crushing the already thin demand. In short, the project’s financial strategy deliberately avoided a free‑token giveaway.
Risks & Red Flags to Watch
If you’re thinking about buying CELT, keep these warnings in mind:
- Price volatility: A 98% drop shows how fragile the market is.
- Liquidity crunch: Only one exchange lists CELT, making large trades risky.
- Development silence: No major product releases or community updates since 2022.
- Supply concentration: Early investors still hold a large share, creating potential sell‑pressure.
Don’t invest more than you’re willing to lose, and consider diversifying into projects with clearer roadmaps.
How to Stay Updated on Potential Future Airdrops
While Celestial itself isn’t planning another airdrop, the broader modular blockchain space (especially Celestia) often rolls out community rewards for developers and stakers. To catch those opportunities:
- Follow official Celestia channels (Twitter, Discord) for announcements about staking rewards.
- Monitor projects built on Celestia, such as AltLayera Layer‑2 scaling solution that announced an airdrop for early users or Dymensionanother Celestia‑based rollup offering token incentives.
- Participate in testnets or beta programs - many airdrops reward early adopters.
These tips apply to the Celestia ecosystem, not to Celestial’s CELT token.
Bottom Line Checklist
- Celestial(CELT) did not run a public airdrop; distribution was investor‑centric.
- Token supply: 4.92B (max5B), 700M allocated to early investors.
- Current price: ~$0.00003674 - a steep decline from the $0.002 pre‑sale price.
- Only listed on Bitget - check liquidity before trading.
- For real airdrop chances, look at Celestia (TIA) projects instead.
Frequently Asked Questions
Did Celestial (CELT) ever airdrop tokens to the community?
No. Celestial’s distribution was limited to private and pre‑sale investors, with a staged release schedule. There was no public airdrop for regular users.
Where can I buy CELT right now?
The only exchange listing is Bitget. You can acquire CELT via spot trading, Bitget Convert, or Bitget Swap.
How does Celestial’s tokenomics differ from Celestia’s?
Celestial allocated most of its supply to early investors and never ran a public airdrop. Celestia, on the other hand, performed a 60M TIA airdrop and focuses on data‑availability services for modular blockchains.
Is CELT a good investment today?
Investing in CELT carries high risk: low liquidity, steep price decline, and limited development updates. Only consider it if you understand the risks and can afford a full loss.
Will there be future airdrops related to Celestial?
There are no announced plans. Future airdrop opportunities are more likely in the Celestia ecosystem, not in Celestial itself.
MD Razu
October 24, 2024 AT 03:08The way Celestial framed its token distribution is a textbook case of how capital‑driven projects masquerade as community‑oriented ventures.
First, the supply of 4.92 billion tokens was announced with a hard cap of five billion, a figure that alone invites speculation about undisclosed minting.
Second, the so‑called "pre‑sale" allocation of 700 million tokens represents roughly fourteen percent of the total, a chunk that easily fits into the hands of a few early backers.
Third, the staged release schedule-twenty percent immediate, the remainder dripping out at ten percent per month-creates a predictable sell pressure that erodes any notion of long‑term value.
Fourth, the absence of a public airdrop means there is no grassroots user base to absorb that pressure, effectively leaving the market to a handful of insiders.
Fifth, the price trajectory from $0.002 at the pre‑sale down to $0.00003674 today signals a near‑total loss of investor confidence.
Sixth, the only listed venue being Bitget underscores the liquidity vacuum that plagues the token.
Seventh, the project's silence since 2022 provides no roadmap to justify the token's existence beyond speculative trading.
Eighth, comparing Celestial to Celestia only highlights the former's lack of genuine community incentives.
Ninth, the tokenomics deliberately avoid a public giveaway to prevent diluting an already thin demand curve.
Tenth, early investors retain a disproportionate share, setting the stage for potential dump cycles whenever lock‑up periods expire.
Eleventh, the token’s utility remains undefined, turning it into a pure financial instrument rather than a functional layer.
Twelfth, the marketing narrative focuses on “modular DeFi” without delivering concrete products.
Thirteenth, the token’s market cap hovering around $109 K is a stark reminder that the project is essentially dormant.
Fourteenth, the lack of transparent governance mechanisms leaves token holders powerless.
Fifteenth, any hope of a resurgence hinges on a radical pivot that the current team has shown no intention to undertake.
Michael Wilkinson
October 26, 2024 AT 10:42The tokenomics are fundamentally broken; handing 14% of a 5 billion supply to early investors while starving the community guarantees perpetual price decay.
Billy Krzemien
October 28, 2024 AT 18:15For anyone considering exposure, remember that the liquidity pool on Bitget is thin, so even modest trades can cause slippage; always test with a small amount first.
Clint Barnett
October 31, 2024 AT 01:48Looking at the staged release, you can picture the token supply as a slowly unfurling tapestry, each month adding a new stripe of potential sell‑pressure that drags the price down like a sinking ship.
Investors should be wary of the psychological impact of such a release schedule, because each incremental unlock can trigger panic selling among holders who fear dilution.
In short, the design is a masterclass in how to create a token that looks promising on paper but crumbles under market scrutiny.
Carl Robertson
November 2, 2024 AT 09:22Honestly, the entire project feels like a scripted drama where the hero never shows up; the only plot twist is the endless stream of empty promises.
Kate Roberge
November 4, 2024 AT 16:55Everyone loves to hype airdrops, but Celestial proved that the real trick is pretending you gave away free tokens while you actually hoarded them for the insiders.
Jason Brittin
November 7, 2024 AT 00:28Looks like the only thing dropping faster than the token price is the enthusiasm of the community 😂🚀.
Ben Dwyer
November 9, 2024 AT 08:02If you decide to dip a toe into CELT, do so with a clear exit strategy; the market depth simply isn’t there for large positions.
Katrinka Scribner
November 11, 2024 AT 15:35Wow, such a dump! 😱
VICKIE MALBRUE
November 13, 2024 AT 23:08Stay positive keep learning
Naomi Snelling
November 16, 2024 AT 06:42It’s no coincidence that the token’s price collapsed right after the “official” launch; the whole thing is probably a coordinated pump‑and‑dump orchestrated by shadowy forces.
april harper
November 18, 2024 AT 14:15Another day, another crypto myth debunked; the so‑called airdrop is just a fancy way of saying “we kept the loot for ourselves.”
Lindsay Miller
November 20, 2024 AT 21:48I understand how confusing tokenomics can be, so if you need help breaking down the numbers, just let me know.
Waynne Kilian
November 23, 2024 AT 05:22Let’s try to keep the conversation constructive; even if CELT looks bleak now, sharing accurate info helps everyone make better decisions.
Charles Banks Jr.
November 25, 2024 AT 12:55So you think the staged release is clever? It’s just a slow bleed of value, and anyone who bought in hopes of a miracle is left holding the bag.
Jacob Anderson
November 27, 2024 AT 20:28Wow, what a masterpiece of disappointment-Celestial really set the bar low for token launches.
Rajini N
November 30, 2024 AT 04:02For reference, the 700 million pre‑sale tokens were released at $0.002 each, which translates to a total raise of about $1.4 million; this figure can be useful when comparing the project's fund allocation to its current market cap.
Oreoluwa Towoju
December 2, 2024 AT 11:35Liquidity on Bitget remains shallow, so any sizable order will likely push the price down further.