Kaspa Sentiment Cracks as Wallet 1 Keeps Accumulating

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

Alright… first up, the VIBE today was heavy. A lot of “it’s over,” “crypto is dead,” and people joking that Kaspa’s basically a “poverty chain” right now. There were specific price callouts flying around like “back to 3 cents,” “stable 4 cents,” and folks saying they “knew it would go to 1 cent soon.” But even with the doomposting, the funniest part is… a bunch of people still admitted they bought anyway, and others were like, “Never sell… fudding is my therapy.” Peak cope… but also kinda peak conviction.

Second highlight: the “wallet number 1” obsession hit a new level. People noticed what they described as another big accumulation streak, with claims of roughly 4 million KAS added, and that it’s been happening two days in a row. That spiraled into the usual speculation: “wallet 1 getting millions more,” “they don’t care,” and even dramatic talk like “trying to take over 51% of supply.” No proof beyond chat eyes-on-wallet energy… but it clearly shaped the mood.

Third: the builder corner actually had substance today. People were swapping notes on testnet usage, proving costs, and one specific example where someone said “unless there’s a strong technical blocker,” they don’t want to wait 30 seconds for a transaction to be ingested because “proving time equals 30 seconds.” Also, someone asked how to view hackathon submissions, and got a direct path: go to kaspathon.com, hit register, it opens DoraHacks, then click BUIDL.

Fourth: Kaspa-social and dev tooling drama. Folks were asking for docs on the Kaspa social site, complaining about missing basics like a share button, and poking at “support APIs.” On the dev side, someone asked others to try downloading a WASM SDK… and got a clean “it’s working,” followed by a little victory lap. Slow progress, but progress.

Last thing: macro headlines bled into the chat. People tossed around “White House canceling crypto bill,” talked about banks “attacking stablecoins” because of yield on flexible savings, and argued about Coinbase trying to become a bank. Whether or not anyone had receipts… it definitely added to the “everything’s dumping” anxiety.

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