Kaspa Crashes Hard – Community in Full Meltdown Mode

Hey, welcome to Kaspa Daily Pulse – here’s what the Kaspa community’s been buzzing about today.

First up, it’s been rough out there. Sentiment took a hit as $KAS dropped nearly 8% to around 8.7 cents, sparking a wave of futures liquidations. Some folks even joked they’re applying to McDonald’s because their trades went that bad. The mood? Desperately coping… with memes.

On the brighter side, we saw plenty of chatter around smart contracts – or as some are calling them, “Dumb Contracts.” A few devs are optimistic, hinting at future dApp potential and even using AI tools like ChatGPT to prototype on Kaspa’s communication layer, Kasia. Whether or not this leads to real adoption, people are building – or at least trying to.

Oh, and rumor mill’s still churning. Someone casually mentioned Iran “loves Kaspa” and joked about Israel launching a KAS ETF. Nothing confirmed, of course. But hey, anything to distract from the red candles.

And finally, a little cycle wisdom: veterans reminded everyone that alt seasons don’t start when BTC dominance falls — they start just before. So maybe… just maybe… we’re getting close.

That’s it for today’s pulse. Let’s see what tomorrow brings. Catch you then.