Commenting on Kaspa’s recent performance, Crypto ZX states, “Kaspa is only up about 2.3%…but still, guys, we’ll take it.”
Additionally, Crypto ZX highlights key resistance levels for Kaspa. The 23.6% Fibonacci retracement level is identified as a critical resistance point. Breaking through this level could potentially lead to price gains for Kaspa.
The crypto’s price history reveals noteworthy growth, maintaining support above 17.1 cents and indicating strong buyer interest. Crypto ZX emphasizes this point, noting a “3119% increase within the last month alone.”
Some frustration exists within the Kaspa community regarding slow listings on major exchanges. Crypto ZX draws parallels to VeChain’s previous market cycle, suggesting patience may be necessary. Despite this, overall sentiment remains positive.
Layer-1 blockchain projects are currently attracting speculative interest. Crypto ZX observes, “Layer ones are being talked about a lot…the new layer ones, the New Kids on the Block are really where the speculative money is coming into play.” This trend could potentially benefit Kaspa in the”
Jul 26, 2024 | Price Discussions and Predictions
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Over the past week, TRON (TRX) has experienced a notable increase in transaction volume, while Kaspa (KASPA) is consolidating under significant resistance. Meanwhile, those seeking the next 100x opportunity are flocking to the Rollblock ($RBLK) presale, with over 1500 investors joining in a week. Here’s why.
TRON ($TRX) Surpasses VISA in Daily Transaction Volume
TRON (TRX) has shown remarkable growth recently, surpassing 8.1 billion transactions on-chain. Due to its low transfer fees, TRON is the preferred blockchain for transferring stable coins, particularly tether USDT. Tether volume on TRON recently exceeded VISA in terms of trading volume, recording $53 billion compared to $42 billion in a single day.
TRON has rallied significantly from recent lows, reaching highs of $0.14 before stabilizing at current levels of $0.13 at the time of writing. After a 20% increase in 3 months, TRON’s price is likely to consolidate and find support at the 50-day moving average around $0.12.
Kaspa (KAS) To Break Through $0.17?
Kaspa (KAS) has made several attempts to break resistance at $0.177 but is still struggling. The 50-day moving average is slowly coiling up to provide support, which should help ensure that Kaspa’s bullish trend continues in the coming weeks.
Kaspa’s trading volume has been lacking in recent weeks, and Kaspa bulls will need to step in to propel this Layer-1 coin back to the June highs and beyond.
Rollblock ($RBLK) Hits New Highs Amid Growing Presale Interest
Rollblock ($RBLK) is attracting a significant wave of new investors with its mission to bring Blockchain innovation to the world of online gambling. By utilizing the immutable Ethereum Blockchain to encrypt and store financial transactions, Rollblock users can be assured that their bets won’t be tampered with and that games offer fairer odds than their competitors.
Rollblock addresses one of the major pain points of the gaming industry. As it is fully crypto-native, it eliminates invasive KYC checks for new customers. Simply sign in with an email and connect a crypto wallet to get started. There are over 150 AI-powered games to try, from casino favorites like roulette and Monopoly to new exclusives like Candy Land. A sports betting feature will soon be added, opening up bets on major international tournaments, including soccer, golf, and MMA.
The RBLK token is more than just another utility token; it represents a stake in the platform’s success. Each week, the casino will head to the open market with a percentage of its operating profits to buy RBLK. These coins are then split between burning and reinvested into the community through staking rewards. This will reduce the circulating supply as demand increases, causing the RBLK price to surge.
Over 6000 early investors have already taken a spin on Rollblock, with analysts now predicting that the project will rally 100x this year. The low price of $0.017 won’t last long, so investors should hurry to secure an allocation today.
Discover the Exciting Opportunities of the Rollblock (RBLK) Presale Today!
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Source: captainaltcoin.com
Jul 25, 2024 | Price Discussions and Predictions
A video from Crypto Galaxy tagged “The Case for a Kaspa ETF” delves into the reasons why a Kaspa (KAS) ETF could gain approval and its potential market impact.
Kaspa is currently ranked in the 20s by market cap and is experiencing robust growth. It is also one of the top-performing cryptocurrencies. The speaker offers a bullish perspective on Kaspa, forecasting substantial growth if an ETF is approved.
This cryptocurrency stands out as a commodity proof-of-work coin with no pre-allocations to insiders. It is secure and features high transaction speeds and scalability.
Notcoin airdrop on Telegram made millions to people. Don’t miss out on the next TG airdrop by the same team – Dogs on Ton!
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Kaspa’s Strengths Over Other Major Cryptocurrencies
Source: captainaltcoin.com
