Out in the vast, digital wilderness, the Kaspa price has been creeping up, like a tortoise in a sprint, by 15% over the past week, hovering just shy of the $0.1 mark. Itās a slow dance, but hey, every step counts, right? š¢
In the last 24 hours, Kaspa (KAS) has seen a notable 30% increase in daily trading volume, reaching over $131 million. The KAS price was at $0.092, a modest gain, but a gain nonetheless. Itās like watching paint dry, but with a bit more excitement. šØ
According to data from Coinglass, the KAS token has seen a 2% uptick in open interest to $199 million. Meanwhile, derivatives volume has surged 49% to over $252 million. Itās a small world, but itās getting bigger, and Kaspa is right there, trying to catch up. š
With digital assets in a bullish mood, thanks to some key developments during ācrypto week,ā KAS might just be eyeing a breakout to $0.2 ā an area of its all-time high seen in August 2024. Itās like a dream, but a dream with numbers. š
Kaspa Crypto Outlook
The Kaspa crypto token hasnāt spiked as hard as some of the top altcoins in the past 24 hours. KAS is lagging behind Ethereum (ETH) and XRP (XRP), both of which have broken above key levels. ETH is eyeing the $4k mark, while XRP has rallied close to a new all-time high. Itās like a race, and Kaspa is the tortoise, but the hare isnāt always the winner, right? š°
However, although Kaspaās price has retreated from intraday highs, it remains above $0.09 after bouncing off recent lows with a 15% surge this past week. Itās a steady climb, and sometimes, thatās all you need. š
KAS also trades above both the 50- and 200-day simple moving averages, a technical picture that supports a bullish continuation. The House passing key crypto regulation bills in the U.S. and the overall bullishness around digital assets will likely catalyze further gains for KAS. Itās like the stars are aligning, and Kaspa is right there, ready to shine. š
The layer 1 blockchainās token can also rally alongside other āMade in Americaā cryptocurrencies. Itās a patriotic move, and who doesnāt love a bit of national pride? šŗšø
Kaspaās First Play-to-Earn Web3 App
One notable development in the Kaspa ecosystem is the excitement around PPKAS, a meme token project on Kaspa. The project is Kaspaās first play-to-earn web3 application, blending memecoin fun, utility, and community. Itās like a digital carnival, but with a purpose. š”
Per details on the PPKAS token shared via X on July 17, the project is experiencing significant gains across its multi-app platform, with features such as mini-games, virtual mining, and the non-fungible token collection āLittle Hero.ā Itās a world of its own, and itās growing, one pixel at a time. š®
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2025-07-17 22:18