In a YouTube video titled *“Is Kaspa Actually Dead?”* from Crypto Chrys, the speaker addresses the widespread rumors surrounding the Kaspa project’s viability. He starts by questioning the claim that Kaspa is “dead,” criticizing those who dismiss the project solely based on [recent price declines or skepticism](https://captainaltcoin.com/is-kaspa-kas-price-dip-finally-over/) about its potential to surpass the $1 mark.
He argues that individuals who have sold their Kaspa assets but continue to declare its failure are misguided, suggesting that their views are shortsighted and influenced by price fluctuations rather than a thorough understanding of the project’s core fundamentals.
The Value of Kaspa Beyond Price
The speaker highlights the flaws in short-term thinking, particularly when it comes to technical analysis (TA). He asserts that evaluating Kaspa purely based on price action shows a lack of insight into the project’s true potential.
He emphasizes that relying on TA for predictions can be misleading, noting that in his previous analyses, technical indicators have not accurately forecasted Kaspa’s performance. He criticizes those who set specific price targets for purchasing Kaspa, referring to them as “TA clones,” and encourages a broader perspective that goes beyond mere price speculation.
Moreover, he explains that Kaspa’s value extends beyond just making a profit. While acknowledging that profitability is important, he believes the project’s adoption will contribute to the creation of a functional, decentralized network that addresses real-world needs—unlike projects that merely experience “pump and dump” cycles.
Positive Indicators and Future Growth
As the video continues, the speaker highlights various projects within the Kaspa ecosystem, including KaspaConan, which boasts a market cap of $40 million.
He also mentions additional projects with market caps around $69 million and introduces a new Decentralized Autonomous Organization (DAO) aimed at empowering KC20 tokens and boosting community engagement. This expanding ecosystem serves as a counterargument to claims that Kaspa is on the decline.
The speaker further points to [Kaspa’s increasing hashrate](https://www.kaspalytics.com/app/hash-rate), which has reached 1.207 exahashes per second. He notes that even large mining companies like Mara are involved in mining Kaspa, questioning whether such robust activity could truly indicate a dead project.
He lists several positive indicators, including a growing ecosystem and strong mining engagement, reinforcing his stance that Kaspa is far from failing.
Looking ahead, the speaker identifies several upcoming catalysts that could drive Kaspa’s growth, including the introduction of smart contracts, faster block times of 10 blocks per second, and advancements in Dark Knight technology.
He believes these developments, along with potential Tier 1 exchange listings, will significantly boost Kaspa’s adoption. He advises viewers to prepare for rapid momentum, suggesting that the project’s future could be marked by substantial growth.
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Source: captainaltcoin.com