Kaspa

Satoshi

BlockDAG

RebelSatoshi

Coin

<p>In a price analysis by FireHustle, the analyst discussed the current strengths and weakness of Kaspa and how they could affect its price. FireHustle also suggested a strategy for trading the token.&nbsp;</p> 
<p>The analyst hailed Kaspa for holding strong while the rest of the market struggled, being the only green in portfolios during the bear run and red dips. The following paragraphs discuss their thoughts in detail.&nbsp;</p> 
<h2 class="wp-block-heading" id="kaspa-technology-and-the-ongoing-challenge">Kaspa Technology and the Ongoing Challenge</h2> 
<p>Kaspa protocol launched KC20 Beta on June 30th, with the formation of the Kaspa Ecosystem Foundation aimed at supporting growth through funding. There is also a Cplex Protocol designed for developers to create and launch tokens and projects using the new KC20 token standard.</p> 
<p>The launch of Cplex brought in a lot of traffic to Kaspa, making it experience increased confirmation times and lag due to high usage. Despite this, security and consensus remained strong.</p> 
<p>Michael Sutton, a Kaspa developer, mentioned that the congestion was expected and that the core consensus engine and nodes worked without issues. Any challenges faced can be resolved in a short period of time.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   New Meme Coin to Watch Aiming to be Next $BONK, $WIF or $MEW
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p><strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">Milei Moneda</a></strong> is a new meme coin inspired by the political and economic views of Javier Milei, an Argentine president&nbsp;known for his libertarian and pro-Bitcoin stance. You have an opportunity with the <strong><a href="https://mileimoneda.io/?utm_source=marketing&amp;utm_medium=inarticle&amp;utm_campaign=cap&amp;utm_id=s1" target="_blank" rel="nofollow">ongoing low presale price</a></strong> to get in early!</p> 
    <p><em>Sponsored</em></p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<h2 class="wp-block-heading" id="ongoing-technical-enhancements">Ongoing Technical Enhancements</h2> 
<p>Kaspa transitioned from the Go programming language to Rust to boost network speed and stability. The test net with Rust already reaches 10 blocks per second, aiming to scale up to 100. As of May 30th, 90% of nodes have switched to Rust, intending to achieve 10 blocks per second on the main net.</p> 
<p>Kaspa aims to be one of the fastest networks available, featuring a scalable layer-one proof-of-work network. Its BlockDAG structure enhances traditional blockchain design, forming a web-like network for faster block times and higher transaction speeds.</p> 
<h2 class="wp-block-heading" id="kaspa-future-prospects-and-trading-strategy">Kaspa Future Prospects and Trading Strategy</h2> 
<p>The future moves of Kaspa are impossible to predict. There will always be pullbacks, but the current trend shows potential for further growth.</p> 
<p>Kaspa is not yet listed on major exchanges like Coinbase, Crypto.com, Binance, OKX, or Kraken. Achieving listings on these platforms could significantly boost KAS visibility and adoption.</p> 
<figure class="wp-block-embed is-type-video is-provider-youtube wp-block-embed-youtube wp-embed-aspect-16-9 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe loading="lazy" title="Kaspa Network Faces Issues... Is It Still A Good Buy?" width="840" height="473" src="https://www.youtube.com/embed/BWjR4K4A2IU?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" referrerpolicy="strict-origin-when-cross-origin" allowfullscreen></iframe> 
 </div>
</figure> 
<p><strong><em>Also Read: <a href="https://captainaltcoin.com/dogwifhat-wif-meme-coin-going-as-predicted-could-spike-another-25-bonk-trading-at-make-or-break-support/" target="_blank">Dogwifhat (WIF) Meme Coin Going as Predicted; Could Spike Another 25%: BONK Trading at Make-or-Break Support</a></em></strong></p> 
<p>The coin is still in its early development stages, with plans to improve technology based on beta feedback. The development of smart contracts and apps could take Kaspa to another level.</p> 
<p>The presenter sees the blockchain’s overall sentiment as bullish, and the fundamentals and continuous development suggest it has a bright future.</p> 
<p>The analyst favors buying bit by bit through dollar-cost averaging (DCA). This is because the general market is dipping, and it may be challenging to determine when the bottom will be.&nbsp;</p> 
<h2 class="wp-block-heading" id="altfins-kaspa-price-analysis">AltFINS Kaspa Price Analysis </h2> 
<p>Kaspa price analysis from AltFINS suggests that the price remains in an uptrend after reaching the near-term target of $0.194. Investors must find a good entry to ride the trend. One way could be to wait for a break above $0.2 for a continuation or a pullback to $0.15 support for another swing trade.&nbsp;</p> 
<figure class="wp-block-image size-large">
 <img loading="lazy" decoding="async" width="1024" height="573" src="https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-1024x573.png" alt="" class="wp-image-521498" srcset="https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-1024x573.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-300x168.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-767x429.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-1536x859.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-2048x1145.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-268x150.png 268w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-100x56.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-626x350.png 626w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182-788x440.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/07/image-182.png 1940w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure> 
<p>Based on the analysis, Kaspa remains in an uptrend in the short term. The medium-term and long-term trend analysis also suggests that the price is a strong uptrend.</p> 
<p>The price of Kaspa is presently trading at $0.169, with the next support being at $0.15 and then $0.13. The next resistance is at $0.194, and if that breaks, the analysis suggests we could see a new all-time high at $0.24.</p> 
<p><em><strong>Captain just hit his first 100x among a lot 2-5xs. Want to be a part of a profitable community?<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="nofollow">FREE Telegram group.</a></strong></em></p> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-recq-meme-coin-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check $RECQ Meme Coin</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy RECQ Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions.
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade,
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/wheres-kas-price-headed-next-amid-ongoing-kaspa-network-issues/">Where’s KAS Price Headed Next Amid Ongoing Kaspa Network Issues?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Where’s KAS Price Headed Next Amid Ongoing Kaspa Network Issues?

Table of Contents

CaptainAltcoin

Other articles published on Jul 6, 2024

MTAUR Presale Heats Up; BDAG and WAI Lag Behind?

MoonBag offers the Best Crypto Presale in 2024: Transcends the Declining Performances of Ondo and...

Bitcoin Price Analysis: How Bull Flag Defends $1 Trillion Market Cap for BTC

PawFury (PAW) Coin Reaches New Heights, Leaving Pepe Coin and Arweave in Disarray

Blast Price Prediction: Will Token Reclaim Its Former Glory?

Northern Data Faces Fraud Allegations Amid IPO Plans

Join our free newsletter for daily crypto updates!