Whales Buying Big as Kaspa Reaches a Breaking Point
Hey, welcome to Kaspa Daily Pulse – here’s what the Kaspa community’s been buzzing about today.
First up, the vibes. People are really feeling the grind of this drawdown. One holder laid it out: watching Kaspa slide from around fifteen cents down to about four cents, cent by cent, has been “too painful,” and there’s frustration that big brain “philosophy” isn’t always translating into care for investors who funded the ride.
At the same time, others point out that the weekly chart is as oversold as it was before a previous big run, talking about triple MACD bullish divergence and joking that a true macro bottom only comes after “eating shit every day for 18 months.” So yeah… mix of despair, dark humor, and a tiny spark of hope.
Highlight two: whales are very busy. Top 10 wallets reportedly scooped about one point three million dollars worth of KAS in a day, roughly thirty-two million coins moving from “weak hands to whales.” Wallet number one keeps buying in chunks around one hundred thirty grand at a time, basically ignoring price. Some in chat link it to KII, saying they don’t care about speculation because they need a huge stash for things like on-chain energy trading and claim they’ll be moving trillions through Kaspa if it all plays out.
People are fascinated… but also uneasy about how concentrated those top wallets are.
Third big thread: long-range pricing and Tier-1 listings. Someone dropped a full scenario table based on a circulating supply of about twenty-seven billion KAS. In rough terms, bear cases land around two to four cents, base cases cluster around fifty cents to one dollar, and bullish targets without new Tier-1 listings sit in the one-fifty to two-dollar zone. Add a major Tier-1, and those peak targets jump into the three-to-five-dollar range in their model.
Folks also debated whether big exchanges are just prioritizing their own ecosystems – think house-brand chains and VC bags – rather than some grand conspiracy against Kaspa.
Fourth, the tech future: vProgs, fees, and security. There’s active worry about Kaspa’s long-term security budget and how fees will evolve – it’s described as the “hottest topic for fudders.”
Devs say Fresh Air is focused on fee mechanisms along with pruning and the IDB, and that the planned changes are deep enough to require a hard fork, likely tied in with vProgs and DK.
At the same time, people are already asking how to ensure builders actually show up once vProgs land, and they’re dreaming about tokenization, TradFi integration, and stablecoins that would lock KAS in real use and make it rarer over time.
Finally, a little AI spice: someone read a leaked Kasia conversation and latched onto a line about a ten-basis-point UX cap “for humans,” with the idea that AI might eventually push flows toward one hundred basis points – and they straight up said they feel Kaspa is necessary for the whole “3142” vision.
Big dreams, even on red days.
That’s it for today’s pulse. Let’s see what tomorrow brings. Catch you then.