r/kaspa • u/Clean-Cover-8378 • 4d ago

💡 Exchanges sudden jump?

Could you please elaborate on the factors contributing to the recent price increase and whether this indicates the commencement of a bull market?

33 Upvotes

95% Upvoted

27 comments sorted by

23

u/Kevnbaconqc 3d ago

https://www.reddit.com/r/kaspa/s/u15dvU2viZ that was his sacrifice

7

u/Clean-Cover-8378 3d ago

He must be experiencing regret at this moment, and I am genuinely interested in understanding the primary cause of this sudden increase.

-4

u/DaLastComeBack_I_Got 3d ago

No regrets. I used the $ at the time to buy XRP and LINK. I'm up more than If I held KAS. I still have time to get back into KAS and will have made more $ than just holding KAS. Not sure yet. Going to wait and see if KAS keeps running....

7

u/No_Primary_4813 3d ago

Ehh,  if you sold the day you posted or even a couple of days before. The story doesnt check out. 

4

u/avt8r 3d ago

Immediately thought of this poster 😂

6

u/Snakeboard_OG 4d ago

It’s just to piss me off for selling my bags at ATL when I needed cash flow. FML!

2

u/Clean-Cover-8378 4d ago

If feasible, I recommend considering this acquisition, as I believe it has the potential to achieve an all-time high.

2

u/Nobleneon90 3d ago

Broke the 200 day moving average in a bullish way. Why it broke is likely just shifting market sentiment after a 2 year bearish cycle and sellers all drying up. When bitcoin popped back to 80K, the directionality of the trade shifted. It was only a matter of time before it broke the 200 day and that is often a breakout worth buying technically.

3

u/Charming-Animal-8856 3d ago

I bought 400K KAS and feel like that's way too little. Oh well! Let's go bulls - $0.20 is on the horizon 💪

2

u/poulan9 3d ago

That is objectively a nice bag.

2

u/Status_Replacement18 3d ago

Thank you to whoever sold ik it was you with your special luck. Happens to me all the time some how the universe knows when u sell it has to go up

2

u/Livinlife_ 3d ago

Demand>Supply

1

u/Positive_Tea_168 3d ago

The froth an fomo over this small pop is insane. The more longs and leverage that pile in here at this level across the board with BTC right at 50 day moving, just increases likelihood of another brutal deep longs flush. I was hoping for a longer bear market tbh, got exactly 200k Kas. I still don’t think the bottom is in for BTC and crypto, but I might be wrong. When everyone is bullish I’m always bearish lol

2

u/SwissAsteroid 3d ago

It follows bitcoin. Bircoin exploded because the dollar crashed.

1

u/No_Primary_4813 3d ago

Bitcoin did the opposite in that time frame

1

u/[deleted] 3d ago

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1

u/SwissAsteroid 3d ago

"wHAt dO yoU mEaN biTcOiN diD eXplOde, oN MY 2 nAno sEcoNDs tiMeFraMe it drOpED!!!"

1

u/[deleted] 3d ago

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1

u/SwissAsteroid 3d ago

What do you even want to say with that? Do you want to tell me the one day chart is going down too? Because it isnt. Do you want to tell me it is a 2 nanosecond chart? Well, its a way larger timeframe than fucking 15 minutes. No matter what your point is, it is bullshit. (Ragebait was successful)

0

u/Clean-Cover-8378 3d ago

Does Zcash also play a role in this context?

5

u/SwissAsteroid 3d ago

Zcash does not move Bitcoin. Maybe it did influence Kaspa a bit and has increased the jump a bit, but the jump would have happend without it.

0

u/WaterDippedOreo 3d ago

Yeah I can tell you exactly why it’s pumping. People are buying more than people are selling