According to online reports, Celestia co-founder Mustafa Al-Bassam tweeted that despite the increasing number of FUDs (fear, uncertainty and suspicion) targeting Celestia on the market, all founders, early employees and core engineers are still holding on to their posts and maintaining the same enthusiasm for work as when the project was launched. Al-Bassam said Celestia currently has more than US$100 million in capital reserves and more than 6 years of operating capital, and the team is ready for long-term development. He also mentioned that he has been involved in the cryptocurrency space since 2010 and understands that all tokens experience approximately 95% retracement over their lifetime, so he is not surprised by the current market fluctuations.