CandleFocus Kaspa soars as Bitcoin makes new high above $81k
2024-11-11
Author: Content Editor
The price of the cryptocurrency Kaspa (KAS) surged after Bitcoin reached a new all-time high. Kaspa showed the most profitability in the past 24 hours among the top 100 gainers by market cap. The altcoin's price was up 14% in the 24-hour timeframe, making it the biggest gainer among the top four that isn't a meme coin. Kaspa's upside comes as the GHOSTDAG protocol PoW coin celebrates its third anniversary. The past year has seen several key developments for Kaspa, including the Crescendo hard fork and the unveiling of the Kaspa Ecosystem Foundation and Kaspa Japan Ecosystem Association. Marathon Digital Holdings, a leading Bitcoin mining company, has been mining KAS since September 2023, which has helped boost the altcoin's price. Kaspa's price has surged over 40% in the past week, compared to nearly 19% for Bitcoin.
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