The cryptocurrency market is witnessing a notable trend as the share of Kaspa supply that has remained inactive for over two years hits an all-time high. The source reports that this development signals a significant shift in the behavior of investors within the Kaspa ecosystem.
Long-Term Investment Strategy Gaining Popularity
Currently, 18% of the total Kaspa supply is reported to be untouched, indicating that a growing number of holders are opting for a long-term investment strategy. This trend suggests a shift away from short-term trading, as more investors choose to hold onto their assets rather than sell them in the current market conditions.
Potential Implications for Price Volatility
The implications of this trend could be substantial, as a reduced liquid supply may lead to increased volatility in future price movements. With fewer tokens available for trading, any significant demand could potentially drive prices higher, making Kaspa an interesting asset to watch in the coming months.
As the cryptocurrency market shifts with a growing number of long-term investors in Kaspa, Litecoin is also at a critical point, testing a significant support level ahead of the FOMC meeting. For more details, see Litecoin's support.
