Why Is Kaspa (KAS) Trading Flat? Top 3 Alternative Altcoins to Watch

Dec 3, 2024 | Price Discussions and Predictions

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The recent performance of Kaspa’s price has been underwhelming. Over the past two days, the value of KAS has dropped by over 5%. This decline has caught many by surprise, especially as numerous altcoins are currently experiencing upward trends in value.

Kaspa has garnered significant attention within the cryptocurrency ecosystem, quickly climbing the ranks in a short period. A major factor contributing to its appeal is its GHOSTDAG protocol. This innovative protocol allows blocks created simultaneously to coexist as part of the valid blockchain history. By enabling parallel block creation, Kaspa achieves exceptionally fast block rates—currently generating one block per second, with the potential to scale up to 10-100 blocks per second.

The stagnation in Kaspa’s price could be attributed to the fact that recent market spikes have predominantly impacted Bitcoin and other first- and second-generation cryptocurrencies. Let’s delve deeper into the details surrounding KAS and explore three alternative altcoins worth considering.

Alleged Manipulation on MEXC

In addition to the potential lack of market focus on Kaspa, crypto analyst Alex (@apichukov) has raised concerns about possible price manipulation of KAS on the MEXC exchange. The analyst identified a recurring pattern occurring every 1-2 hours on the platform, suggesting a systematic approach aimed at suppressing KAS price movements.

According to Alex, the pattern becomes evident when KAS shows signs of upward momentum. At these moments, an automated system appears to place sequential sell orders—each amounting to millions—into the order book. These large-scale sell orders are reportedly timed strategically to exert downward pressure on the price of KAS.

The analyst emphasized that this behavior was observed multiple times throughout the day on MEXC, indicating a consistent and possibly automated manipulation pattern rather than isolated incidents. To substantiate these claims, Alex documented the activity with video evidence.

3 Promising Presale Alternatives to Kaspa (KAS)

As Kaspa’s price struggles to meet the bullish expectations of its holders, other tokens are preparing for launch, offering potential opportunities for significant gains.

Presales provide a chance to invest in projects at their inception. Below are three presales that present early investment opportunities, with the potential for 100x returns.

Pepe Unchained (PEPU)

Pepe Unchained (PEPU) is a Layer-2 solution designed to address Ethereum’s limitations in transaction speed and cost. The project has already secured over $60 million in presale funding and is set to debut on crypto exchanges soon.

PEPU aims to deliver a comprehensive ecosystem that includes a decentralized exchange, cross-chain bridge, block explorer, and staking opportunities.

Why Is Kaspa (KAS) Trading Flat? Top 3 Alternative Altcoins to Watch

A standout feature is its meme coin launchpad, enabling users to create tokens without coding knowledge while incorporating anti-rug pull measures. Additionally, the project offers a developer grant program to encourage building on the Pepe Unchained L2 network.

The presale phase provides early investors with passive income opportunities through staking. With the current bullish market conditions and Bitcoin reaching new highs, the timing appears favorable for the project’s launch.

Cryptonews, a YouTube channel with over 13,000 followers, has also highlighted PEPU as a potential 10x/100x token:

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Source: captainaltcoin.com

“Analyst Reveals Why Kaspa (KAS) Outshines XRP Despite Ripple’s Price Surge”

Dec 3, 2024 | Price Discussions and Predictions

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The price of XRP shows no signs of slowing down, reaching $2.8 earlier today after a staggering 400% price surge over the past few weeks. However, not everyone in the cryptocurrency space is impressed by the token’s performance. One such critic, KaspaSilver, shared his perspective on X, sparking a discussion about XRP’s value and structure.

KaspaSilver made a strong case for favoring Kaspa (KAS) over XRP, even as Ripple’s token continues to gain momentum. The analyst highlighted a key issue with XRP, describing it as a test for the cryptocurrency community due to its inherent contradiction. He argued that investing in XRP essentially supports the same centralized financial systems that cryptocurrency was originally created to challenge.

KaspaSilver pointed to Kaspa as a decentralized alternative that aligns more closely with the original vision of cryptocurrency. His argument gained further traction when responding to a question from trader Reymond Manta, who compared XRP’s steady price performance to the more volatile movements of KAS.

Read Also: Why Is Chainlink (LINK) Price Up?

40% of XRP Supply Remains in Ripple’s Control

In response to Manta’s comments about XRP’s price stability, KaspaSilver offered a critical analysis of XRP’s tokenomics. He highlighted the centralized nature of XRP, noting that Ripple still controls over 43% of the total token supply. This concentration of power, he argued, stands in stark contrast to the decentralized ethos of cryptocurrencies like Kaspa.

Through this analysis, the crypto analyst underscored the differences between XRP’s centralized framework and Kaspa’s decentralized model. He suggested that investors seeking true innovation in the cryptocurrency space might find greater value in KAS, despite XRP’s current price surge.

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“Analyst Reveals Why Kaspa (KAS) Outshines XRP Despite Ripple’s Price Surge”


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Source: captainaltcoin.com

“Kaspa (KAS) Poised for Triple Gains with Confirmed Breakout, While Meme Coin Pepe Targets Exchange Listings”

Dec 2, 2024 | Price Discussions and Predictions

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Kaspa (KAS) has become a significant point of interest in the cryptocurrency market, demonstrating a strong bullish trend that has garnered the attention of its dedicated and enthusiastic community.

Renowned analyst Alex Clay highlighted the solid technical framework of KAS’s price movement, pointing out 371 days of accumulation followed by a clear breakout. In his tweet, Clay identified specific price targets for traders to watch: $0.280430, $0.395145, and $0.511035.

Adding to this positive outlook, chart patterns reveal a robust upward-sloping trendline acting as support, coupled with a breakout from a year-long consolidation phase. 

Fibonacci extensions support the identified targets, indicating potential resistance levels and profit-taking zones. The growing optimism around Kaspa aligns with the increasing interest in altcoins, as market trends shift toward mid- and low-cap cryptocurrencies.

“Kaspa (KAS) Poised for Triple Gains with Confirmed Breakout, While Meme Coin Pepe Targets Exchange Listings”

Pepe Unchained Presale Exceeds $65 Million – The Next Big Meme Coin?

The Pepe Unchained presale has emerged as a major success in the current crypto market, raising an impressive $65 million during its ongoing presale phase.

The token, priced at $0.01295, includes features such as a decentralized exchange (DEX), a bridge, and a block explorer.

Investor interest in Pepe Unchained reflects the growing enthusiasm for meme coins during the altcoin season, with the alt-season index currently at 76. The project’s promise of faster transaction speeds and reduced fees compared to Ethereum has added to its appeal. This presale milestone underscores its potential to generate significant activity once it secures exchange listings.

Is Kaspa (KAS) on the Verge of a Breakout? This Chart Hints at a Major Surge!

Dec 1, 2024 | Price Discussions and Predictions

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Kaspa has been fluctuating within the range of $0.14 to $0.17, and market observers believe it could be gearing up for a significant move in the near future.

Renowned analyst King Crypto recently shared his thoughts on X, suggesting that Kaspa’s charts indicate a potential breakout. He anticipates the cryptocurrency may surpass its previous highs and venture into uncharted territory. As Kaspa’s price continues to align with its 20-day moving average (MA), traders are closely monitoring for a breakout above current resistance levels.

KAS Technical Analysis

Kaspa’s price has been consolidating between $0.14 and $0.17 for some time. According to King Crypto’s analysis, this type of sideways movement often signals accumulation, where investors are quietly buying in anticipation of a larger move. Traders appear to be positioning themselves for a potential breakout while the price remains within this range. Historically, prolonged consolidation like this often precedes a strong upward trend.

Chart analysis reveals that Kaspa’s price has consistently respected a key support level around $0.142253, with multiple bounces off this zone. This indicates strong buying interest at this level. A decisive break above the $0.176028 resistance level could pave the way for further gains, potentially pushing the price into new territory.

Currently, Kaspa’s price remains above its 20-day moving average, which continues to provide support during this consolidation phase. This suggests that buyers are still active in the market. Meanwhile, the 50-day moving average is beginning to flatten out and could act as additional support if the price experiences a minor pullback.

King Crypto’s analysis emphasizes that the consistent movement above the 20-day MA could act as a catalyst for a breakout. As the 20-day MA guides the price action upward, the likelihood of Kaspa challenging the $0.176028 resistance level becomes more apparent. Should this resistance be breached, the cryptocurrency may enter a phase of price discovery.

Is Kaspa (KAS) on the Verge of a Breakout? This Chart Hints at a Major Surge!
Image Source: X/KingCrypto

Key Resistance and Market Sentiment

While the overall outlook for Kaspa remains bullish, the cryptocurrency faces a significant resistance level at $0.176028. This price point has previously acted as a barrier, with selling pressure emerging at”

Source: captainaltcoin.com

Experts Forecast Kaspa (KAS) Price Surge to New All-Time Highs: Insights and Outlook

Nov 30, 2024 | Price Discussions and Predictions

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After spending nearly a year in consolidation, Kaspa (KAS) has captured the attention of crypto trading analysts who see promise in its current market behavior.

Currently trading at $0.1591, the token’s technical structure has been closely examined by analysts OCT Trades and ParabolicPump. Both have identified specific chart patterns that could indicate potential price movements.

Technical Patterns Signal Potential for KAS

The price charts for KAS reveal compelling patterns for traders to consider.

One notable formation is an inverse head and shoulders pattern, which OCT Trades has identified with a neckline at $0.175. This classic technical setup is often associated with bullish price action, leading OCT Trades to project a potential price target of $0.25.

Experts Forecast Kaspa (KAS) Price Surge to New All-Time Highs: Insights and Outlook
Source: OCT Trades

The analyst highlights KAS’s ability to maintain its position above $0.15, establishing this level as a strong support zone. The token’s price action has also shown a series of higher lows, a pattern typically interpreted as growing confidence among buyers in traditional market analysis.

Market Activity Gains Momentum

In the world of cryptocurrency, trading volume often provides key insights, and KAS has been no exception. With $175,867,619 in 24-hour trading volume, the market demonstrates active participation from both buyers and sellers.

The token’s recent 4.95% price increase over the past day, coupled with a steady 0.92% weekly gain, reflects ongoing buying interest. ParabolicPump’s analysis highlights an intriguing aspect of KAS’s market structure: the lack of historical resistance levels above its previous all-time highs.

This absence of resistance could pave the way for price discovery if the token successfully breaks above its established ranges.

Read also: Why 2025 Could Be SUI Network’s Breakout Year

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Source: captainaltcoin.com

Analyst Labels Kaspa as a ‘Superior Bitcoin’ – Here’s What Makes KAS Revolutionary

Nov 30, 2024 | Price Discussions and Predictions

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Analyst Mikro recently shared a viral thread about Kaspa on his X account, formerly known as Twitter. In the thread, he provided some fascinating insights about KAS and explained why he considers this project to be a “better Bitcoin” and a true digital silver.

According to Mikro, Kaspa is a revolutionary blockchain project designed to address Bitcoin’s core limitations. At its foundation, Kaspa introduces the world’s first blockDAG—a digital ledger that supports parallel block processing and enables instant transaction confirmations. This isn’t merely a technical enhancement; it’s a complete rethinking of how cryptocurrencies can operate.

The project’s mission is closely aligned with Satoshi Nakamoto’s original vision of a peer-to-peer electronic cash system. While Bitcoin has evolved into a digital gold and a store of value, Kaspa aims to position itself as digital silver—more practical and suitable for everyday transactions. The name “Kaspa” is derived from an Aramaic word that translates to silver or money.

The team behind Kaspa is highly accomplished. The project is led by Yonatan Sompolinsky, a Harvard post-doctoral researcher who co-developed the GHOST protocol. Sompolinsky’s contributions to blockchain technology are significant, as he is even cited in the Ethereum whitepaper. The core team includes 17 developers, along with marketing and business professionals, all of whom are transparent about their identities.

What makes Kaspa unique is its innovative approach to blockchain architecture. Unlike conventional linear blockchains, Kaspa’s blockDAG processes blocks in parallel, significantly enhancing transaction speeds. Currently, the network operates at one block per second, with plans to scale to 10 blocks per second on the mainnet. The long-term vision includes achieving 100 blocks per second and over 1,000 transactions per second.

The project’s tokenomics are equally noteworthy. With a market cap of $3.8 billion and a circulating supply of 25.25 billion tokens, Kaspa was launched fairly in November 2021. There were no pre-mines, pre-sales, or special token allocations. The emission schedule is straightforward, with the supply halving annually.

Kaspa is not just creating a cryptocurrency; it is building an entire ecosystem, including the KRC-20 token standard. While current KRC-20 tokens are primarily

Source: captainaltcoin.com