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Cryptocurrency News Articles

Kaspa (KAS) Is Carving a Name for Itself in Crypto, Trading at $0.12 with a Market Cap Edging Close to $3 Billion

Jan 06, 2025 at 07:46 pm

The Layer-1 blockchain is catching attention for its potential, with 99Bitcoins analysts betting on a sharp KAS price rise—an average of $0.20 by 2025

Kaspa (KAS) Is Carving a Name for Itself in Crypto, Trading at $0.12 with a Market Cap Edging Close to $3 Billion

Kaspa ($AS) is set to push $22.32 million worth of tokens into circulation, accounting for 0.72% of its supply. Priced at $0.128434 and riding a 24-hour gain of 4.54%, its trading volume is $102.27 million.

But if you call this a token “unlock,” you’re barking up the wrong blockchain.

Hey @coinbureau do you understand $kas? what kind of fud is this ?$kas is pure PoW, fully minanble, no allocations, VCs, insiders etc.

Make sure you research $kas properly before spreading false information.#Kaspa #kas $kas $kaspa #POW

@KaspaCurrency @kasplex

@Kaspa_KEF… pic.twitter.com/zPMhzxjeTF

— coinco (@SURAJ_041) January 5, 2025

Unlike pre-mined or pre-allocated tokens, Kaspa’s model mirrors Bitcoin’s Fair Launch ethos—mined solely through effort, not allocation.

What’s happening here isn’t some shady release; it’s just Kaspa’s monthly mining haul taking its usual place in the market.

News source:99bitcoins.com

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Other articles published on Jan 08, 2025