search
Homeweb3.0Is Kaspa (KAS) Actually Dead?

Is Kaspa (KAS) Actually Dead?

Oct 23, 2024 pm 10:12 PM
Kaspa (KAS)

In a YouTube video titled “Is Kaspa Actually Dead?” from Crypto Chrys, the speaker tackles the pervasive rumors regarding the viability of the Kaspa project.

Is Kaspa (KAS) Actually Dead?

A YouTube video titled “Is Kaspa Actually Dead?” has sparked discussion within the cryptocurrency community. In the video, the speaker challenges the pervasive rumors regarding the viability of the Kaspa project.

The speaker begins by questioning the validity of claims that Kaspa is “dead,” criticizing those who dismiss the project based solely on recent price declines or skepticism about its ability to exceed the $1 mark.

He argues that individuals who have sold their Kaspa assets yet continue to proclaim its failure are misguided, suggesting that their views are shortsighted and driven by price fluctuations rather than a deep understanding of the project’s fundamentals.

Emphasizing the importance of a broader perspective, the speaker notes the flaws in short-term thinking, particularly in the context of technical analysis (TA). He asserts that evaluating Kaspa based purely on price action demonstrates a lack of insight into the project’s true potential.

Moreover, he adds that relying on TA for predictions can be misleading, highlighting that in his previous analyses, technical indicators have not reliably forecasted Kaspa’s performance.

Throughout the video, the speaker criticizes those who set specific price targets for purchasing Kaspa, referring to them as “TA clones,” and encourages a broader perspective that transcends mere price speculation.

Furthermore, he explains that Kaspa's value extends beyond profit-making. While acknowledging the importance of profitability, he believes that the project’s adoption will contribute to the establishment of a functional, decentralized network that addresses real needs—contrasting it with projects that merely experience “pump and dump” cycles.

As the video progresses, the speaker notes various projects within the Kaspa ecosystem, including KaspaConan, which boasts a $40 million market cap.

He notes additional projects with market caps around $69 million and introduces a new Decentralized Autonomous Organization (DAO) aimed at empowering KC20 tokens and enhancing community engagement. This growing ecosystem serves as a counterargument to claims of Kaspa’s demise.

The speaker also draws attention to the increasing hashrate of Kaspa, which has reached 1.207 exahashes per second. He points out that even large mining companies like Mara are involved in mining Kaspa, questioning whether such robust activity could truly indicate a dead project.

He lists several positive indicators, including a growing ecosystem and strong mining engagement, reinforcing his stance that Kaspa is far from failing.

Looking ahead, the speaker identifies several upcoming catalysts that could spur Kaspa’s growth, including the introduction of smart contracts, faster block times of 10 blocks per second, and advancements in Dark Knight technology.

He believes these developments, alongside potential Tier 1 exchange listings, will significantly enhance Kaspa’s adoption. He advises viewers to prepare for rapid momentum, suggesting that the project’s future could be marked by substantial growth.

The above is the detailed content of Is Kaspa (KAS) Actually Dead?. For more information, please follow other related articles on the PHP Chinese website!

Statement
The content of this article is voluntarily contributed by netizens, and the copyright belongs to the original author. This site does not assume corresponding legal responsibility. If you find any content suspected of plagiarism or infringement, please contact admin@php.cn
amazon project kuiper satellite launchamazon project kuiper satellite launchApr 10, 2025 pm 05:36 PM

Amazon's Project Kuiper satellite launch was postponed due to unfavorable weather conditions. The delay was likely influenced by factors such as high-altitude wind shear, lightning threats, and high surface winds, which are common hazards in space launches. This postponement highlights the need for meticulous planning and flexibility in the unpredictable environment of space operations.

Is Wall Street Quietly Backing Solana? $42 Million Bet Says YesIs Wall Street Quietly Backing Solana? $42 Million Bet Says YesApr 10, 2025 pm 12:43 PM

A group of former Kraken executives acquired U.S.-listed company Janover, which secured $42 million in venture capital funding to begin building a Solana (SOL) treasury.

Kevin O'Leary Urges Trump to Impose 400% Tariff on Chinese GoodsKevin O'Leary Urges Trump to Impose 400% Tariff on Chinese GoodsApr 10, 2025 pm 12:35 PM

Canadian businessman and investor Kevin O’Leary urged the Trump administration to impose a 400% tariff on Chinese goods, arguing that the current 104% tariff is insufficient to compel China to follow trade rules. O’Leary said these statements prior t

Regulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assetsRegulatory roadblocks are crumbling as the U.S. Treasury signals a sweeping pivot toward blockchain, stablecoins, and digital assetsApr 10, 2025 pm 12:27 PM

U.S. Treasury Secretary Scott Bessent laid out a broad financial reform agenda at the Bankers Association Summit on April 9, pledging to remove regulatory barriers

China and Russia Have Started to Settle Some Trade Deals Using BitcoinChina and Russia Have Started to Settle Some Trade Deals Using BitcoinApr 10, 2025 pm 12:19 PM

According to a report by VanEck, China and Russia have started to settle some trade deals using Bitcoin.

Ethereum (ETH) Underperforms Bitcoin (BTC)Ethereum (ETH) Underperforms Bitcoin (BTC)Apr 10, 2025 pm 12:01 PM

underperformed Bitcoin on 85% of all trading days since it launched in 2015. The ETH/BTC ratio, which tracks the value of Ether relative to Bitcoin, dropped to a five-year low of 0.018

President Trump's Tariff Announcement Sent Bitcoin Dropping 5.4%President Trump's Tariff Announcement Sent Bitcoin Dropping 5.4%Apr 10, 2025 am 11:53 AM

In the world of cryptocurrencies, few events can shake things up like big government decisions. President Trump's recent tariff announcement did exactly that

Hot AI Tools

Undresser.AI Undress

Undresser.AI Undress

AI-powered app for creating realistic nude photos

AI Clothes Remover

AI Clothes Remover

Online AI tool for removing clothes from photos.

Undress AI Tool

Undress AI Tool

Undress images for free

Clothoff.io

Clothoff.io

AI clothes remover

AI Hentai Generator

AI Hentai Generator

Generate AI Hentai for free.

Hot Article

R.E.P.O. Energy Crystals Explained and What They Do (Yellow Crystal)
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. Best Graphic Settings
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
R.E.P.O. How to Fix Audio if You Can't Hear Anyone
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌
WWE 2K25: How To Unlock Everything In MyRise
3 weeks agoBy尊渡假赌尊渡假赌尊渡假赌

Hot Tools

Safe Exam Browser

Safe Exam Browser

Safe Exam Browser is a secure browser environment for taking online exams securely. This software turns any computer into a secure workstation. It controls access to any utility and prevents students from using unauthorized resources.

Notepad++7.3.1

Notepad++7.3.1

Easy-to-use and free code editor

Dreamweaver CS6

Dreamweaver CS6

Visual web development tools

MinGW - Minimalist GNU for Windows

MinGW - Minimalist GNU for Windows

This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

PhpStorm Mac version

PhpStorm Mac version

The latest (2018.2.1) professional PHP integrated development tool