{"id":524999,"date":"2023-03-30T11:55:20","date_gmt":"2023-03-30T11:55:20","guid":{"rendered":"https:\/\/wncen.com\/?p=524999"},"modified":"2023-03-30T13:29:43","modified_gmt":"2023-03-30T13:29:43","slug":"this-little-known-crypto-is-shooting-up-nearly-90-heres-why","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/this-little-known-crypto-is-shooting-up-nearly-90-heres-why\/","title":{"rendered":"This Little-Known Crypto Is Shooting Up Nearly 90% – Here’s Why"},"content":{"rendered":"

Investors on Kaspa have been enjoying gains as KAS, which is the protocol\u2019s native crypto, has followed the general market trend upward. According to <\/span>CoinGecko<\/span><\/a>, the token has increased by more than 4% in the past 24 hours. <\/span><\/p>\n

The biggest gains were made in the bi-weekly timeframe, with an outstanding 117% increase, and during the last seven days that gave KAS a nearly 90% increase.<\/span><\/p>\n

This is a result of the protocol\u2019s drive to get KAS listed on multiple exchanges, which increases the visibility of KAS to potential investors. The crypto currently has a market cap of $500 million.<\/span><\/p>\n

Related Reading: Ethereum Poised To Breach $2,000 Ceiling In Coming Months \u2013 Here\u2019s Why<\/a><\/div>\n

\"\"<\/p>\n

Source: CoinMarketCap<\/pre>\n

\"\"<\/p>\n

Source: Coingecko<\/pre>\n

On-Chain Developments And Major Listings For The Crypto<\/strong><\/h2>\n

While the team behind Kaspa certainly has plans to improve the ecosystem, their current focus appears to be on getting KAS listed on reputable exchanges. Just yesterday, the token was <\/span>listed<\/span><\/a> on BYDFi, a US-based exchange, adding to a string of successful listings.\u00a0<\/span><\/p>\n

Earlier this week, it was also listed on <\/span>HotBit<\/span><\/a> and <\/span>Gate.io<\/span><\/a>, two reputable exchanges with a solid track record of years in the industry.\u00a0<\/span><\/p>\n

\n

\ud83d\udcc8 NEW LISTING ALERT! $KAS<\/a> just got listed on @Hotbit_news<\/a><\/p>\n

\u2022 KAS\/USDThttps:\/\/t.co\/POtCGBlGpX<\/a>#KAS<\/a> #kaspa<\/a> #USDT<\/a> pic.twitter.com\/PWTkuWpl5w<\/a><\/p>\n

\u2014 Kaspa (@KaspaCurrency) March 27, 2023<\/a><\/p><\/blockquote>\n

KAS is now available for deposit and withdrawal on<\/span> DigiFinex<\/span><\/a>, another cryptocurrency exchange that was established in 2017. However, it wasn’t all sunshine and rainbows for the Kaspa community. Recently, they were <\/span>targeted<\/span><\/a> by a phishing attack that aimed to deceive users who wanted to use their web wallets.<\/span><\/p>\n

According to Kaspa’s official Twitter account, scammers allegedly paid for ads with malicious URLs that imitated the ones used by Kaspa. However, this incident also indicates that the protocol is gaining ground in the cryptocurrency industry, to the extent that hackers and other malicious actors have taken notice.<\/span><\/p>\n

\n

Withdrawals and Deposits are now open for $KAS<\/a> on @DigiFinex<\/a> . #Kaspa<\/a> #DigiFinex<\/a> #trading<\/a> https:\/\/t.co\/eVjHavsAHE<\/a><\/p>\n

\u2014 Kaspa (@KaspaCurrency) March 24, 2023<\/a><\/p><\/blockquote>\n

Massive Correction Facing KAS In The Short-Term<\/strong><\/h2>\n

After massive gains in the past few days, the bulls hit resistance at $0.0369 and were left exhausted. As a result, the coming week could bring pain to investors of the token, potentially causing it to drop toward $0.0248.<\/span><\/p>\n

If this happens, investors and traders should focus on defending the $0.0248 support level, as a bearish breakthrough could lead to the bears clawing back toward $0.0163.<\/span><\/p>\n

<\/p>\n

Crypto total market cap currently at $1.14 trillion on the daily chart at TradingView.com<\/a><\/pre>\n
Related Reading: Dogecoin Inches Closer To $0.08 After Burger King Tweets \u2018Need DOGE\u2019<\/a><\/div>\n

Monitoring the price movements of major cryptocurrencies could help investors and traders make informed decisions. Additionally, on-chain and off-chain developments could increase the number of investors in the token, potentially driving prices upward.<\/span><\/p>\n

However, it may take days or weeks for the recent listings to have a significant effect on KAS’s price. For now, investors and traders should prepare for any roadblocks in the next couple of days.<\/span><\/p>\n

-Featured image from Home Delivery Fireworks<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"

Investors on Kaspa have been enjoying gains as KAS, which is the protocol\u2019s native crypto, has followed the general market trend upward. According to CoinGecko, the token has increased by more than 4% in the past 24 hours. The biggest gains were made in the bi-weekly timeframe, with an outstanding 117% increase, and during the last seven days that gave KAS a nearly 90% increase. This is a result of the protocol\u2019s drive to get KAS listed on multiple exchanges, which increases the visibility of KAS to potential investors. The crypto currently has a market cap of $500 million. Related Reading: Ethereum Poised To Breach $2,000 Ceiling In Coming Months \u2013 Here\u2019s Why Source: CoinMarketCap Source: Coingecko On-Chain Developments And Major Listings For The Crypto While the team behind Kaspa certainly has plans to improve the ecosystem, their current focus appears to be on getting KAS listed on reputable exchanges. Just yesterday, the token was listed on BYDFi, a US-based exchange, adding to a string of successful listings.\u00a0 Earlier this week, it was also listed on HotBit and Gate.io, two reputable exchanges with a solid track record of years in the industry.\u00a0 \ud83d\udcc8 NEW LISTING ALERT! $KAS just got listed on @Hotbit_news \u2022 KAS\/USDThttps:\/\/t.co\/POtCGBlGpX#KAS #kaspa #USDT pic.twitter.com\/PWTkuWpl5w \u2014 Kaspa (@KaspaCurrency) March 27, 2023 KAS is now available for deposit and withdrawal on DigiFinex, another cryptocurrency exchange that was established in 2017. However, it wasn’t all sunshine and rainbows for the Kaspa community. Recently, they were targeted by a phishing attack that aimed to deceive users who wanted to use their web wallets. According to Kaspa’s official Twitter account, scammers allegedly paid for ads with malicious URLs that imitated the ones used by Kaspa. However, this incident also indicates that the protocol is gaining ground in the cryptocurrency industry, to the extent that hackers and other malicious actors have taken notice. Withdrawals and Deposits are now open for $KAS on @DigiFinex . #Kaspa #DigiFinex #trading https:\/\/t.co\/eVjHavsAHE \u2014 Kaspa (@KaspaCurrency) March 24, 2023 Massive Correction Facing KAS In The Short-Term After massive gains in the past few days, the bulls hit resistance at $0.0369 and were left exhausted. As a result, the coming week could bring pain to investors of the token, potentially causing it to drop toward $0.0248. If this happens, investors and traders should focus on defending the $0.0248 support level, as a bearish breakthrough could lead to the bears clawing back toward $0.0163. Crypto total market cap currently at $1.14 trillion on the daily chart at TradingView.com Related Reading: Dogecoin Inches Closer To $0.08 After Burger King Tweets \u2018Need DOGE\u2019 Monitoring the price movements of major cryptocurrencies could help investors and traders make informed decisions. Additionally, on-chain and off-chain developments could increase the number of investors in the token, potentially driving prices upward. However, it may take days or weeks for the recent listings to have a significant effect on KAS’s price. For now, investors and traders should prepare for any roadblocks in the next couple of days. -Featured image from Home Delivery Fireworks<\/p>\n","protected":false},"author":557,"featured_media":525003,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[134,88054,88053,14386,3505],"class_list":["post-524999","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-altcoin","tag-kas","tag-kaspa","tag-new-listing","tag-price-analysis"],"acf":[],"yoast_head":"\nThis Little-Known Crypto Is Shooting Up Nearly 90% - Here's Why<\/title>\n<meta name=\"description\" content=\"Investors on Kaspa have been enjoying gains as KAS, which is the protocol\u2019s native crypto, has followed the general market trend upward. 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He finally settled down at a local news giant in his hometown in the Philippines for a decade, becoming a total news junkie. But then, something new caught his eye: cryptocurrency. It was like a treasure hunt mixed with storytelling - right up his alley! So, he landed a killer gig at NewsBTC, where he's one of the go-to guys for all things crypto. He breaks down this confusing stuff into bite-sized pieces, making it easy for anyone to understand (he salutes his management team for teaching him this skill). Think Christian's all work and no play? Not a chance! When he's not at his computer, you'll find him indulging his passion for motorbikes. A true gearhead, Christian loves tinkering with his bike and savoring the joy of the open road on his 320-cc Yamaha R3. Once a speed demon who hit 120mph (a feat he vowed never to repeat), he now prefers leisurely rides along the coast, enjoying the wind in his thinning hair. Speaking of chill, Christian's got a crew of furry friends waiting for him at home. Two cats and a dog. He swears cats are way smarter than dogs (sorry, Grizzly), but he adores them all anyway. Apparently, watching his pets just chillin\u2019 helps him analyze and write meticulously formatted articles even better. Here's the thing about this guy: He works a lot, but he keeps himself fueled by enough coffee to make it through the day - and some seriously delicious (Filipino) food. He says a delectable meal is the secret ingredient to a killer article. And after a long day of crypto crusading, he unwinds with some rum (mixed with milk) while watching slapstick movies. Looking ahead, Christian sees a bright future with NewsBTC. He says he sees himself privileged to be part of an awesome organization, sharing his expertise and passion with a community he values, and fellow editors - and bosses - he deeply respects. So, the next time you tread into the world of cryptocurrency, remember the man behind the words \u2013 the crypto crusader, the grease monkey, and the feline philosopher, all rolled into one.","sameAs":["jomarjet01"],"url":"https:\/\/wncen.com\/author\/jomarjet01\/"}]}},"parsely":{"version":"1.1.0","meta":{"@context":"https:\/\/schema.org","@type":"NewsArticle","headline":"This Little-Known Crypto Is Shooting Up Nearly 90% – Here’s Why","url":"http:\/\/wncen.com\/news\/this-little-known-crypto-is-shooting-up-nearly-90-heres-why\/","mainEntityOfPage":{"@type":"WebPage","@id":"http:\/\/wncen.com\/news\/this-little-known-crypto-is-shooting-up-nearly-90-heres-why\/"},"thumbnailUrl":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/a-51.png?resize=200%2C200","image":{"@type":"ImageObject","url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/a-51.png?fit=975%2C576"},"articleSection":"Cryptocurrency Market News","author":[{"@type":"Person","name":"Christian Encila"}],"creator":["Christian Encila"],"publisher":{"@type":"Organization","name":"NewsBTC","logo":"https:\/\/wncen.com\/wp-content\/uploads\/2020\/06\/cropped-cropped-cropped-favicon.png?w=32"},"keywords":["altcoin","kas","kaspa","new listing","price analysis"],"dateCreated":"2023-03-30T11:55:20Z","datePublished":"2023-03-30T11:55:20Z","dateModified":"2023-03-30T13:29:43Z"},"rendered":"<script type=\"application\/ld+json\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@type\":\"NewsArticle\",\"headline\":\"This Little-Known Crypto Is Shooting Up Nearly 90% – Here’s Why\",\"url\":\"http:\\\/\\\/wncen.com\\\/news\\\/this-little-known-crypto-is-shooting-up-nearly-90-heres-why\\\/\",\"mainEntityOfPage\":{\"@type\":\"WebPage\",\"@id\":\"http:\\\/\\\/wncen.com\\\/news\\\/this-little-known-crypto-is-shooting-up-nearly-90-heres-why\\\/\"},\"thumbnailUrl\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/a-51.png?resize=200%2C200\",\"image\":{\"@type\":\"ImageObject\",\"url\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2023\\\/03\\\/a-51.png?fit=975%2C576\"},\"articleSection\":\"Cryptocurrency Market News\",\"author\":[{\"@type\":\"Person\",\"name\":\"Christian Encila\"}],\"creator\":[\"Christian Encila\"],\"publisher\":{\"@type\":\"Organization\",\"name\":\"NewsBTC\",\"logo\":\"https:\\\/\\\/wncen.com\\\/wp-content\\\/uploads\\\/2020\\\/06\\\/cropped-cropped-cropped-favicon.png?w=32\"},\"keywords\":[\"altcoin\",\"kas\",\"kaspa\",\"new listing\",\"price analysis\"],\"dateCreated\":\"2023-03-30T11:55:20Z\",\"datePublished\":\"2023-03-30T11:55:20Z\",\"dateModified\":\"2023-03-30T13:29:43Z\"}<\/script>","tracker_url":"https:\/\/cdn.parsely.com\/keys\/wncen.com\/p.js"},"jetpack_sharing_enabled":true,"jetpack_featured_media_url":"https:\/\/wncen.com\/wp-content\/uploads\/2023\/03\/a-51.png?fit=975%2C576","amp_enabled":true,"_links":{"self":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/524999","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/users\/557"}],"replies":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/comments?post=524999"}],"version-history":[{"count":0,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/posts\/524999\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media\/525003"}],"wp:attachment":[{"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/media?parent=524999"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/categories?post=524999"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wncen.com\/wp-json\/wp\/v2\/tags?post=524999"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}