Kaspa (KAS), the native cryptocurrency of the Kaspa blockchain, has seen tremendous growth this year, surging over 1700% since January. Yet, according to crypto expert King Crypto, the coin remains highly undervalued and will likely continue its upward trajectory.
In a recent tweet, King Crypto pointed out that every dip in KAS’s price is quickly bought up, not just by Kaspa bulls but also by investors waiting to take advantage of momentary dips. He attributes this to Kaspa’s expanding developer community, recent milestones like increased mempool capacity, and the project being undervalued relative to its potential.
“Each time there’s a $KAS dip, before you can blink, it’s eaten up. And when you check you’ll see that it’s not just the @kaspacurrency bulls who are buying in, it’s like some folks are just waiting for the dip to swoop in. That’s not surprising because with Kaspa’s global developer contributors increasing monthly, and the new mempool milestones hit, it’s clear that these guys aren’t playing! That’s what happens when you find a project that’s highly undervalued. If you snooze on $KAS, you lose,” tweeted King Crypto.
Kaspa’s Unique Blockchain Technology Enables Speed and Scalability
Kaspa’s unique blockchain technology allows it to process over 10,000 transactions per second with under 3 second block times, making it one of the fastest and most scalable blockchains in existence. Its low transaction fees make it suitable for micropayments, opening up a wide array of use cases from DeFi to gaming and IoT.
The project boasts an experienced development team and has been actively building partnerships and integrating with major players in the crypto industry. With major roadmap milestones upcoming, including a decentralized exchange launch, NFT marketplace integrations, and collaborations with other leading crypto projects, Kaspa appears primed for further growth.
King Crypto contends that these factors make KAS highly undervalued at current prices. As more investors recognize Kaspa’s potential, he believes demand will drive prices much higher. His advice for crypto investors – don’t sleep on KAS or risk missing out on substantial gains.
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