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Kaspa Reclaiming Key Level: When Can It Reach a New ATH in October?

13th September,2024. Wyoming.

Kaspa is up 5.4% over the week and changes hands for $0.164.Looking upon it, it’s easy to see that despite the downturns, Kaspa continues to respect the bullish ascending channel with the recent $0.145 floor acting as a higher low on the chart.

Kaspa is going to launch the much-awaited Kasplex KRC-20 mainnet on September 15. The continuously growing Kaspa ecosystem will provide improved transaction speed, greater reward for the miners, and two new token standards: KRC-20 and KRC-721. Analysts suspect this might catalyze the next rally and send Kaspa to new highs.

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Deepshova

Deepshove is a crypto journalist at Bitmala, covering blockchain and cryptocurrency news with a focus on web3 trends and developments.

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