True Kaspa Investors Not Selling KAS Holdings Despite Ongoing Dip: Here's Why

The price of Kaspa has not been impressive lately dropping by more than 25% in the last 4 weeks. The long dip has caused some scares in the KAS community.

Cryptocurrency markets have been experiencing a prolonged downturn, with the price of Kaspa (KAS) dropping by more than 25% in the last 4 weeks. This prolonged dip has sparked some concerns within the KAS community, prompting further analysis.

Your Crypto Crew recently posted a video on YouTube to discuss the current state of Kaspa amidst the ongoing market fluctuations. The crypto analyst in the video highlights several reasons why true Kaspa investors are not selling their KAS holdings despite the ongoing dip.

Kaspa as a Solution and Market Sentiment

The analyst begins the discussion by emphasizing the critical need for real-time microtransactions and frictionless transactions in today's world, presenting Kaspa as the solution to these demands. He expresses his anticipation for a market crash and subsequent stabilization, setting the stage for growth.

Despite the current sideways movement of the market and Kaspa's price decline, he reassures viewers, addressing comments that label Kaspa as “dead” or liken it to a “stable coin.” He reminds viewers that patience is essential in the crypto landscape, quoting, “Your patience will be tested,” and referencing a Biblical passage about how tribulations foster patience and hope.

He believes that while the bull run has not fully ignited yet, investors must prepare for future developments.

Also Read: Litecoin Primed for Rally: Analyst Eyes LTC Price Surge to $100

Kaspa’s Enterprise Event and Market Predictions

Touching upon the recent Kaspa in Enterprise event, which took place in September 2024, the analyst shares insights from guest speaker Sayam Kid, a professional trader. Sayam Kid highlighted that historically, a market crash tends to follow spikes in interest rates.

He pointed out various economic indicators—such as inflation and unemployment rates—that suggest a downturn may begin between November 2024 and late 2025. The analyst stresses the importance of understanding the liquidity cycle, which influences how the vast global debt of $350 trillion is managed. He posits that Kaspa stands to benefit as liquidity begins to flow back into the market by the end of 2025.

Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!

Reasons for Being Bullish on Kaspa

The crypto analyst articulates a bullish outlook for Kaspa, predicting a robust bull market in 2025. He acknowledges the volatility and dips but highlights the potential for substantial growth as global liquidity impacts asset prices.

He encourages viewers to remain patient during market turbulence, advising them to “load up on the lows” as panic selling often leads to missed opportunities. Despite the price fluctuations, he reassures that Kaspa's underlying fundamentals remain strong, making it an appealing investment for long-term holders.

Also Read: SEC’s XRP Lawsuit Continues as Ripple’s Legal Chief Reveals Appeal Timeline

Kaspa’s Role in the Broader Market

Concluding the video, the analyst notes that several catalysts are yet to come for Kaspa, indicating that the bull run is not yet fully ignited. He asserts that buying Kaspa when it is below 20 cents presents a significant opportunity for long-term investors.

For Kaspa to achieve widespread adoption, it must operate seamlessly, like contactless payments, allowing users to interact without complex processes. This seamless operation is essential for its potential to be utilized by the average user without requiring an in-depth understanding of the underlying technology.

Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.Get all our future calls by joining our FREE Telegram group.

We recommend eToro

The above is the detailed content of True Kaspa Investors Not Selling KAS Holdings Despite Ongoing Dip: Here's Why. For more information, please follow other related articles on the PHP Chinese website!