Why Hasn’t the Kaspa (KAS) Token Been Listed on Tier-1 Exchanges Yet?
“`html
Nick, a cryptocurrency enthusiast, poses a question regarding the delay in listing the Kaspa (KAS) token on major tier-1 exchanges. Kaspa has developed a robust technology and a dedicated community, leading some to believe it has the potential to be listed on prominent exchanges like Binance and Coinbase.
The crypto commentator highlights that these exchanges are fully aware of the financial dynamics involved. For example, acquiring 100 million KAS tokens at a price of $0.10 would require a $10 million investment. If the price were to rise to $1, the profit would skyrocket to $90 million.
Read Also: Why is Peanut The Squirrel (PNUT) Price Pumping?
If the price climbs to $5, the profit would increase to $490 million, and at $10, the gains would approach nearly $1 billion.
According to Nick, this delay is not due to incompetence but rather a deliberate strategy. The exchanges are likely accumulating KAS tokens before the market experiences a significant price surge, positioning themselves for substantial profits once the token is officially listed.
This viewpoint suggests that these exchanges are playing the long game, waiting for the optimal moment to maximize their returns on KAS investments.
Follow us on X (Twitter), CoinMarketCap, and Binance Square for more daily crypto updates.
Join our FREE Telegram group to get all our future calls.
We recommend eToro
Source: captainaltcoin.com
Shai (Deshe) Wyborski On X: “Hi $kas. @hashdag just dropped a very important post about the L1/L2 zk SC design for $kas he has been fervently working on with, and others: https://t.co/jM4QrLP3Gk This post, for me, is the ultimate answer to “what is Kaspa good for?…— Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) ” November 13, 2024
Hi $kas. @hashdag just dropped a very important post about the L1/L2 zk SC design for $kas he has been fervently working on with @MichaelSuttonIL, @dimdumon, @VolokhIlia, and others:https://t.co/jM4QrLP3Gk
This post, for me, is the ultimate answer to “what is Kaspa good for?”.…
— Shai ❤️ Deshe 💜 Wybors𐤊i 💙 (大胡子) (@DesheShai) November 13, 2024
**Shai Deshe Discusses Key Developments in Kaspa’s Layer 1/Layer 2 zk Smart Contract Design**
In a recent Twitter post, Shai Deshe Wyborski, a prominent figure in the cryptocurrency community and a core developer of Kaspa, shared insights regarding a significant advancement in the platform’s technology. Deshe, who is also a PhD candidate specializing in quantum cryptography, highlighted a new post from fellow developer @hashdag regarding the Layer 1/Layer 2 zk (zero-knowledge) smart contract design for Kaspa. This design is significant for enhancing the scalability and efficiency of the platform as it continues to gain traction within the decentralized finance (DeFi) ecosystem.
In his tweet, Deshe noted that the post is vital for understanding the capabilities and potential of Kaspa, describing it as “the ultimate answer to ‘what is Kaspa good for?'” He mentioned collaborative efforts with other key contributors, including @MichaelSuttonIL, @dimdumon, and @VolokhIlia, all of whom are instrumental in the ongoing development of Kaspa’s innovative technology.
This announcement comes at a critical time as the demand for scalable and efficient blockchain solutions continues to grow. With the introduction of zk smart contracts in the Kaspa ecosystem, the platform aims to enhance transaction privacy and throughput, addressing some of the most pressing challenges facing the blockchain industry.
For those looking to stay updated on developments within the Kaspa ecosystem and to explore more about its technological advancements and real-world applications, Kaspanews.net remains the premier source for the latest news and resources related to Kaspa.
The Official Kaspa X Profile: “The Kaspa crew is doing their thing in Bangkok! Thanks for the support, once again! https://t.co/dY8uTTli9Y” — Kaspa (@KaspaCurrency) November 13, 2024
The Kaspa crew is doing their thing in Bangkok! Thanks @Kaspa_KEF for the support, once again! https://t.co/dY8uTTli9Y
— Kaspa (@KaspaCurrency) November 13, 2024
**Kaspa Crew Celebrates Community Engagement in Bangkok**
In a recent post from its official X (formerly Twitter) profile, Kaspa shared an exciting update about their activities in Bangkok. The tweet, made on November 13, 2024, expressed gratitude towards the Kaspa team for their ongoing support. The message included a shout-out to @Kaspa_KEF, highlighting the collaborative spirit within the Kaspa community.
The tweet read: “The Kaspa crew is doing their thing in Bangkok! Thanks @Kaspa_KEF for the support, once again!” Along with this, a link was shared, inviting followers to engage further with the content. This lively interaction signifies the active role of the Kaspa team in promoting its project and connecting with its global community, particularly in vibrant cities like Bangkok.
Kaspa, known for its innovative blockchain technology and dedication to decentralization, has been fostering community engagement through various initiatives. The mention of the Kaspa crew’s activities reflects the platform’s commitment to building strong relationships among its supporters and users.
For those interested in the latest developments and resources pertaining to Kaspa, look no further than Kaspanews.net, the premier site for staying updated on all things Kaspa.
The Official Kaspa X Profile: You can learn #Kaspa at any age.$Kas pic.twitter.com/qO0oN8fWBO— Julien (@judaubert) November 13, 2024
You can learn #Kaspa at any age.$Kas @SnowCrashSummit pic.twitter.com/qO0oN8fWBO
— Julien (@judaubert) November 13, 2024
**Title: Kaspa: Learning Opportunities for All Ages Promoted on Social Media**
In a recent tweet shared by Julien (@judaubert), the importance of Kaspa, a decentralized cryptocurrency platform, was highlighted with a clear message: “You can learn #Kaspa at any age.” This statement resonates with the growing community of users and enthusiasts eager to understand and engage with this innovative technology.
The tweet, which garnered attention on the official X profile of Kaspa, encourages individuals from different age groups to explore the possibilities that this cryptocurrency offers. By using the hashtag #Kaspa and highlighting the cryptocurrency marker $Kas, the post aims to create a welcoming environment for learners and potential investors alike. The mention of the SnowCrash Summit indicates a broader dialogue surrounding the advancement and popularization of Kaspa in the crypto ecosystem.
For those unfamiliar, Kaspa stands out as a novel blockchain solution that aims to provide high throughput and quick confirmation times. As discussions around cryptocurrency evolve, educational initiatives like these become crucial in helping users keep pace with technological advancements.
To keep up with the latest trends, developments, and discussions related to this dynamic field, Kaspanews.net remains the go-to resource. Offering comprehensive coverage, it is undoubtedly the best news site for all the latest news and resources on Kaspa.
Kaspa and Zcash Poised for 10x Growth as Bull Market Looms—Analysts Recommend Immediate Action
Kaspa and Zcash are gaining attention, with predictions of significant growth as the bull market approaches. ChangeNOW has observed a rise in transaction volumes for these cryptocurrencies. The platform, which allows crypto exchanges without requiring registration, is seeing increased usage from savvy investors and large holders concerned about the safety of their funds. This trend suggests that investors are accumulating these assets, which could indicate potential future growth.
Zcash Shows Oversold Signals; Bulls May Drive Price Towards $67 Resistance
Zcash (ZEC) is currently trading between $38 and $50. With an RSI around 32 and a Stochastic Oscillator near 13, both indicators point to oversold conditions, potentially signaling a bullish reversal. Over the past month, the price has increased by more than 10%. The nearest resistance level is at $55, and breaking through this could propel Zcash to the next resistance at $67, offering a potential gain of over 20%.
Despite a negative MACD level, the recent positive price movements suggest that bulls are gaining momentum. The current market setup favors further increases in Zcash. This cryptocurrency is available on ChangeNOW without registration and with no hidden fees.
>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<
Kaspa Gains Bullish Momentum as Price Eyes Key Resistance Levels
Kaspa’s price is currently fluctuating between $0.11 and $0.18. Over the past week, it has risen by 19.92%, showing bullish signs. The nearest resistance level is at $0.20, and if the price surpasses this point, the next target could be $0.26. The RSI is at 34.56, indicating that the asset is not overbought.
The 10-day and 100-day simple moving averages are both at $0.14, suggesting price stability. Given these factors, the market setup appears favorable for purchasing Kaspa. It is available on ChangeNOW without registration and with no hidden fees.
>>> ChangeNOW – Swap Crypto Simple, Fast, Free of Custody <<<
Conclusion
Kaspa (KAS) and Zcash (ZEC) present appealing opportunities for investors and traders as the market prepares for an upward trend. Kaspa’s innovative blockchain solutions offer the potential for significant gains, while Zcash’s advanced privacy features attract those who prioritize transaction confidentiality.
For those interested in these cryptocurrencies, ChangeNOW offers an excellent platform for conducting transactions. It allows users to exchange, buy, or sell these coins with no hidden fees or registration, enhancing security by not holding user funds. Supporting over 900 cryptocurrencies, ChangeNOW imposes no limits on transaction volumes and provides the convenience of purchasing crypto with a bank card.
DISCLAIMER: CAPTAINALTCOIN DOES NOT ENDORSE INVESTING IN ANY PROJECT MENTIONED IN SPONSORED ARTICLES. EXERCISE CAUTION AND DO THOROUGH RESEARCH BEFORE INVESTING YOUR MONEY. CaptainAltcoin takes no responsibility for its accuracy or quality. This content was not written by CaptainAltcoin’s team. We strongly advise readers to do their own thorough research before interacting with any featured companies. The information provided is not financial or legal advice. Neither CaptainAltcoin nor any third party recommends buying or selling any financial products. Investing in crypto assets is high-risk; consider the potential for loss. Any investment decisions made based on this content are at the sole risk of the reader. CaptainAltcoin is not liable for any damages or losses from using or relying on this content.
The post Kaspa and Zcash Eye 10x Growth Ahead of the Bull Market—Analysts Urge Swift Action appeared first on CaptainAltcoin.
“
Source: captainaltcoin.com