Kaspa Market Update: Whales Accumulating, Ecosystem Growing

DJ CryptoMan

DJ CryptoMan

— 1 min read
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CURRENT SITUATION WITH KASPA:

In short – we’re waiting and patiently holding the line.

  1. Large wallets continue to accumulate daily or weekly:
    Link 1
    Link 2
  2. Whales are still keeping a close eye on Kaspa:

Proof

A brief summary from the video interview above:

👉Major companies and funds are aware of Kaspa but are staying silent for now to avoid creating hype.
👉Coinbase and Binance are, of course, aware of Kaspa and are consistently monitoring its technical developments. All their teasers are just probing the community and measuring open interest since listing Kaspa would mean significant investments and major technical challenges. So be patient, it it's coming.
👉Right now it’s all about accumulation. They’ll sell much higher, likely during a hype cycle – that’s probably when the listing will also happen.
👉There have been meetings with Circle and Tether about launching stablecoins on Kaspa. Everyone’s impressed - it’s fast, cheap, and secure. But it still needs to pass a range of complex security and stability checks, so don’t expect this too soon

  1. The Kaspa ecosystem is steadily growing. June news:
    👍KasOS
    👍Chess on KAS
    👍Messenger on KAS, Kasia
    👍Kaspa Mixer
  2. WallStreetBets is considering pumping Kaspa:

I continue to accumulate KAS for long-term holding, speculating on KAS using @KAS_USDT_bot, and patiently waiting.
Each week, I add a bit of USDC to my trading deposit for speculating on BTC.

I’ll share interim results of demo portfolio on July 1st.

I'm also thinking about getting into futures trading - I have an idea I'd like to try out.
Just to be clear: I'm by no means a pro, and there's a real chance I might blow the deposit.
If that happens, we'll just laugh it off together, and I'll once again forget about futures like a bad, scary dream.

Originally posted in Telegram channel.

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