Kaspa

Cryptocurrency

Cardano

Billion

Coin

<p>Cryptocurrency analyst Cryptographur sheds light on the current state of Kaspa KAS in a recent <a href="https://twitter.com/Cryptographur/status/1729105837908492346" target="_blank" rel="noopener noreferrer nofollow">tweet</a>. As of the latest update, Kaspa KAS is holding strong at $0.11, marking the lower end of its current range.</p>
<p>Notably, the Kaspa has witnessed an unprecedented surge in hashrate, reaching all-time highs. This surge indicates a growing interest among miners who are increasingly joining the network to mine KAS.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="577" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-1024x577.png" alt="" class="wp-image-387061" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-1024x577.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-300x169.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-767x432.png 767w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-1536x865.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-2048x1154.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-266x150.png 266w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-621x350.png 621w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790-788x443.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-790.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Moreover, Cryptographur highlights a concerning trend in profitability. The rapid emission schedule, coupled with intensified competition among miners, has led to a decline in profitability.</p>
<p>The analyst emphasizes that the ultimate solution to this challenge lies in the price of KAS increasing. As miners face diminishing returns, a higher valuation of KAS becomes imperative for sustained mining activity. In another tweet, Cryptographur delves into a fractal update for KAS:</p>
<h2 class="wp-block-heading" id="accumulating-at-0-14-a-significant-milestone">Accumulating at $0.14 – A Significant Milestone</h2>
<p>In this latest <a href="https://twitter.com/Cryptographur/status/1728591170165489862" target="_blank" rel="noopener noreferrer nofollow">analysis</a>, Cryptographur notes that Kaspa KAS is now in the accumulation phase at $0.14. This level has been on the analyst’s radar since May 2023. The $0.14 mark is not seen as an exit point for KAS but rather as a milestone and a full Fibonacci extension. Cryptographur envisions this as a crucial step on the path to potentially achieving a Top 10 valuation.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="640" src="https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-1024x640.png" alt="" class="wp-image-387052" srcset="https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-1024x640.png 1024w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-300x188.png 300w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-768x480.png 768w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-1536x960.png 1536w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-2048x1280.png 2048w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-1200x750.png 1200w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-240x150.png 240w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-100x63.png 100w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-560x350.png 560w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789-788x492.png 788w, https://captainaltcoin.com/wp-content/uploads/2023/11/image-789.png 680w" sizes="(max-width: 1024px) 100vw, 1024px">
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<p>Read also:</p>
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<p>The analyst concludes with a reminder to investors: exercise caution and only invest what you can afford to lose. The insights shared are based on Cryptographur’s perspective and opinion.&nbsp;</p>
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<p>The post <a href="https://captainaltcoin.com/kaspa-accumulates-at-0-14-analyst-suggests-this-price-could-be-the-lowest-for-kas-in-the-current-range/" rel="noopener noreferrer nofollow">Kaspa Accumulates at $0.14, Analyst Suggests This Price Could Be the Lowest for KAS in the Current Range</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa Accumulates at $0.14, Analyst Suggests This Price Could Be the Lowest for KAS in the Current Range

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