Kaspa (KAS) has seen an impressive 229% price surge after a year but is now facing slowing momentum. Kaspa whales, who earlier enjoyed hefty gains, are starting to turn their attention to newer altcoins like JetBolt (JBOLT), which recently smashed $200,00 in presale sales.
Will Kaspa (KAS) bounce back, or will KAS whales shift their gaze entirely to JetBolt? Read this piece to find out.
KAS Whales Turn to New Altcoins as Kaspa Growth Slows Down
Kaspa has been among crypto whales' favorite coins, particularly in 2024, for its notable milestones accomplished this year. In twelve months, Kaspa experienced a 229% price increase, and its all-time high (ATH) of $0.2074 was achieved two months ago.
However, Kaspa’s momentum is now tapering off, prompting many KAS token holders and large traders to acquire new and high-potential coins. Some whales may have seen massive gains, but as the coin’s growth starts to tumble, many are beginning to explore coins with next generation innovative features and AI like JetBolt that could rival Kaspa.
At press time, Kaspa (KAS) is trading at $0.1606, down by 4.1% over the past two weeks. Despite the slowdown, some analysts predict KAS could recover and reach a meteoric $0.53 by next month, especially as Kaspa gains momentum after the recent launch of KRC-20 tokens on its mainnet.
However, the current sentiment on Kaspa remains bearish. This mixed outlook likely influences whale behavior as investors look for more growth opportunities while waiting for Kaspa’s KRC-20 momentum to materialize. This has led KAS whales to seek out JetBolt—a fast-growing coin that recently surpassed $200,000 in presale sales.
JetBolt Gains Massive Traction as Kaspa (KAS) Whales Dive In
JetBolt is riding high on a wave of interest as whales from across the crypto landscape—including those from Kaspa—dive into its ongoing presale. Recent reports suggest that JetBolt has gained massive traction due to its innovative features.
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JetBolt boasts zero gas fees, AI, and a high-speed transaction platform. First-time token buyers find JetBolt appealing because it offers a beginner-friendly built-in Web3 wallet and an easy crypto staking platform that empowers them to earn crypto rewards.
With its presale success continuing to build, JetBolt quickly smashed through the $200,000 milestone. This significant accomplishment has fueled even more hype around the new altcoin, drawing in Kaspa token holders looking to take advantage of this early opportunity.
The fast ascent of JetBolt has led many to wonder whether it would be among the highly popular next wave of tokens in the anticipated altseason, as whales flock to the JetBolt presale before the token presale price climbs every 24 hours.
JetBolt offers early buyers prices and exclusive discounts via Alpha Box bundles or JBOLT token batch purchases. With its revolutionary features and exciting presale benefits, it’s no wonder KAS whales and other crypto buyers and traders are joining JetBolt in its steady ascent.
Conclusion — Kaspa (KAS) Whales Bet Big on New Altcoin JetBolt (JBOLT)
In the crypto landscape, a coin can't hold the attention of whales forever. Large traders will continue searching for cryptocurrencies that have all the makings of a coin that could explode. With KAS seeing slower growth and bearish sentiment, large holders are taking a closer look at JetBolt, a new altcoin that’s smashing milestones and building consistent momentum.
Kaspa may still have room for growth, but for now, all eyes are increasingly on JetBolt as the altcoin steadily climbs the ranks and draws in the interest of crypto natives and whales.
For those interested in JetBolt and its ongoing presale, more info can be found at the links below:
Official Website: jetbolt.io
Telegram: https://jetbolt.io/telegram
X/Twitter: https://x.com/JetBoltOfficial
Prior to exploring coins or tokens, undertaking detailed research on your side is crucial. Please note that this piece does not contain any financial advice. The cryptocurrency landscape includes risks that must be understood and volatility is omnipresent.
