The post How Early Kaspa Buys Made Over 7000X While JetBolt Presale Pumps appeared on BitcoinEthereumNews.com.

Crypto buyers and traders who took early positions in Kaspa (KAS) may have seen impressive gains. Yet, after a rollercoaster of success, Kaspa’s price has dipped, leaving some wondering whether it can stage a comeback. As Kaspa wavers, many whales are turning their attention to younger players like JetBolt (JBOLT), an emerging altcoin with an ongoing presale that saw a whopping 40 million tokens sold in merely two months.  Can Kaspa bounce back, or will JetBolt outpace KAS as its presale continues to pump?  Kaspa Eyes Recovery with Recent Surge in On-Chain Activity Kaspa (KAS) has experienced some bumps in the road in the past weeks, causing growing concern among its holders. At press time, KAS is trading at $0.137, which sent crypto buyers celebrating a modest 2% price pump over the past 24 hours.  This altcoin, which boasts a unique DAG architecture, has seen dramatic price drops of 15% over the past two weeks. Despite recent exciting updates, such as its inclusion in crypto assets manager Grayscale’s list of assets under consideration and a noticeable increase in its total value locked (TVL), Kaspa wasn’t able to translate these into a massive price recovery.  Recent news has only deepened the uncertainty among crypto natives waiting for Kaspa’s comeback. With Kaspa experiencing a painful price drop of 21% in the past month before what many hope will be an alt season rally, traders are wondering if the worst is yet to come.  https://x.com/thecryptobasic Some analysts remain optimistic, citing the upcoming altseason as a potential trigger for a Kaspa rally. Others, however, are less convinced. The recent price drop has many predicting that Kaspa could experience deeper price drops before it finds any footing.  As Kaspa’s price drifts lower, a growing number of crypto whales have shifted focus to new crypto projects…

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Filed under: News - @ October 14, 2024 9:22 pm