KAS (Kaspa) rose 18.45% in the last 24 hours.

GateNewsBot
KAS-2,56%

Gate News Bot news, on November 27th, according to CoinMarketCap data, as of the time of publication, KAS (Kaspa) is currently priced at 0.06 USD, up 18.45% in the last 24 hours, with a peak of 0.06 USD and a low of 0.04 USD. The current market capitalization is approximately 1.609 billion USD, an increase of 251 million USD compared to yesterday. KAS currently ranks 48th in global Crypto Assets market capitalization.

Important news about KAS recently:

1️⃣ Price Continues to Break Key Resistance Levels Kaspa (KAS) price has recently shown a strong pump momentum, after breaking through the key resistance level of 0.05 USD on the 25th, it further surged on the 27th, reaching 0.06 USD. This series of breakthroughs signifies the market's increasing confidence in KAS, attracting more investors' attention.

2️⃣ market capitalization ranking rises rapidly KAS has rapidly risen in the global Crypto Assets market capitalization rankings, jumping from 53rd place on the 25th to 48th place on the 27th. In just two days, the market capitalization increased by approximately $253 million, reaching $1.609 billion. This significant improvement reflects investors' continued optimism about the future of the Kaspa project, and its market influence is rapidly expanding.

3️⃣ rise remains at a high level KAS has maintained a high rise for two consecutive days, rising 23.65% on the 25th and again rising 18.45% on the 27th. The sustained high rise indicates strong market enthusiasm, which may attract more investors to enter the market, but it also increases the risk of price volatility in the short term.

From a technical perspective, after KAS breaks through $0.06, it may face new resistance. If it can stabilize at the current price level, it may attract more technical traders to enter the market, further pushing the price upward. However, investors should also be wary of the potential risk of a pullback after a rapid rise.

This message is not investment advice; investors should be aware of market volatility risks.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Analyst: Bitcoin has entered a historically significant bottoming zone; the real test is the entry timing, not the price.

On-chain analyst James Check pointed out that Bitcoin is currently in a textbook accumulation zone, a phase that has historically occurred after panic selling. Technical indicators and on-chain models show that the price is now approaching historical bottom levels. The real test for the bulls is the entry timing, not the price.

GateNewsBot57m ago

ETH Sweeps $1,866 Lows – Is a Break Above $1,962 Next?

_ETH swept $1,866 liquidity, triggering long liquidations as the higher time frame trend remains bearish._ _A reclaim of $1,962 could break short-term structure and open a move toward $2,124 liquidity._ _Losing the $1,846 local low may expose ETH to further downside and new short-term lo

LiveBTCNews1h ago

"1011 Insider Whale" Agent: This will be a long winter, not just in the crypto space

PANews February 24 News, "1011 Insider Whale" agent Garrett Jin posted on the X platform: "This will be a long winter, not just in the crypto space."

GateNewsBot1h ago

Michael Saylor: A 40%-50% pullback in Bitcoin is "relatively moderate," similar to the low period Apple Inc. once experienced

Bitcoin Treasury Company founder Michael Saylor stated that technology investments often experience a 45% drawdown. The current Bitcoin market is similar to Apple's stock decline in 2013, and the drawdown could last from two to seven years. He pointed out that this round of volatility is milder, due to derivatives trading shifting from offshore to the U.S. market, compressing volatility to the 40%-50% range.

GateNewsBot2h ago

Hedera price plummets, selling pressure continues to dominate

The Hedera (HBAR) price continues to decline in a weakening trend as it extends its downtrend and trades below the $0.103 level at the time of writing on Tuesday, after losing nearly 4% in the previous session. On-chain indicators and derivatives market signals are both bearish, combined with technical signals

TapChiBitcoin2h ago
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)