Kaspa's price has recently stabilized at approximately $0.0076, reflecting a notable trend among its holders. With a significant portion of its supply remaining inactive, the cryptocurrency is showing signs of potential growth, as The source reports that many investors are holding onto their assets in anticipation of future price increases.
Record High for Dormant Assets
Currently, over 61% of Kaspa's total supply has not moved for more than six months, marking a record high for dormant assets. This trend suggests that medium-term holders are exhibiting strong confidence in the cryptocurrency's future performance.
Speculation on Price Movements
As traders observe this accumulation of inactive supply, there is growing speculation about potential price movements. The anticipation of increased demand could lead to heightened trading activity as investors position themselves for possible gains in the coming months.
As the market braces for the upcoming token unlocks, the shifting landscape of investor interest is becoming increasingly evident, particularly with the MIRA token gaining traction. In a related development, BullZilla's presale has successfully raised over $530,000, highlighting a notable change in market dynamics. For more insights on this exciting trend, check out the full article here.
