Kaspa (KAS) Sees Strong Bullish Surge with 2,000% YTD Growth

Kaspa (KAS) sees a strong bullish surge with 2,000% YTD growth. In the past week alone, the cryptocurrency recorded a 5.9% increase, signalling ongoing bullish sentiment among investors. The network’s ability to handle high transaction throughput without compromising security has made it an attractive option for those seeking scalable blockchain solutions. 

#KASPA holders last chance before it explodes 🚀🚀#kas lovers i am buying bulk no matter what$KASPA. $KAS pic.twitter.com/UiGxxJ17mz

— 𐤊 Lilly 𐤊Kaspa 𐤊 (@Lilly_crypto_) October 9, 2024

 
Kaspa’s unique consensus mechanism, known as the BlockDAG, is designed to improve both transaction speed and decentralization. As interest in scalable and decentralised networks grows, Kaspa’s strong technical foundation is fuelling optimism for further growth. Analysts predict that the upward trend may continue, with a significant price increase possible by the end of 2024. With continued development and increased adoption, Kaspa is gaining the attention of investors seeking long-term value.

Key Kaspa Levels To Watch – October 9

KASUSD is showing bullish potential after bouncing off the strong support level at $0.1400. The price has recovered above the 9-day SMA at $0.1490, signalling renewed momentum.
 
If it continues to rise, the next resistance levels to watch are $0.1800 and $0.2080. The Stochastic Oscillator is oversold, suggesting the pair could experience upward pressure anytime soon.

KAS/USD Key Levels

Resistance Levels: $0.1800, $0.2080, $0.2410 
Support Levels: $0.1400, $0.1010, $0.0760

Kaspa Metrics

Total Market Capitalization: $2.17T 
Kaspa Market Capitalization: $3.42B
Kaspa Volume: $61.92M 
Market Rank: #28

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