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The price of Kaspa (KAS) has taken a significant hit during the current market downturn, dropping below $0.06 for the first time since 2023.
With many holders reacting by selling off their tokens, it raises the question: Is now the right time to sell Kaspa?
Here are three reasons why holding onto your Kaspa tokens might be a better strategy:
A Potential Market Bottom
Kaspa’s price has reached an 18-month low, and historically, selling at such low points has often led to regret. Many investors who exit during steep declines miss out on subsequent recoveries.
Past trends indicate that Kaspa has a tendency to rebound from these levels. Similar patterns have played out before—sharp declines have often been followed by strong recoveries. This downturn could be a temporary phase rather than a long-term decline.
A Dedicated Community
Kaspa has cultivated one of the most engaged communities in the crypto space. These are not just casual investors; they are strong supporters who believe in the project’s long-term potential.
The introduction of the KaspaFunding initiative highlights the community’s commitment to the project’s development. Instead of relying on traditional funding methods, Kaspa is leveraging a decentralized model where the community plays an active role in supporting growth.
$KAS network running at 10 bps, being pushed to mainnet soon.$KAS is stateless money that scales.
It fulfills the vision of Satoshi.
Don’t let broader market sway your conviction on fundamentals.
See market corrections as opportunities.
— Jim, S𐤊i ₿um
(@skibumtrading) March 9, 2025
Kaspa’s supporters are highly active on X (formerly Twitter), often engaging in discussions and promoting the project. The level of enthusiasm within the Kaspa community is comparable to that of XRP holders, which suggests that this grassroots support will not fade away easily, even during market downturns.
Read also: Kaspa (KAS) Could Still Be a Better Cryptocurrency Than Pi Coin: Here’s Why
Continuous Technical Advancements
Unlike many projects that rely heavily on hype, Kaspa’s development team consistently delivers meaningful technical improvements.
The project’s BlockDAG technology enhances scalability by enabling multiple blocks to be processed simultaneously. This is”
Source: captainaltcoin.com