99% chance $KAS never hits a new high?

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

First up, sentiment remains deeply divided. One bearish voice argued that Kaspa has topped permanently and has a 99 percent chance of never making another high. Others pushed back, pointing to Kaspa outperforming Bitcoin during the previous bear market and arguing that it could do so again. The broader mood, though, was cautious. Several people are still buying small amounts regularly, while others are waiting for clearer confirmation or lower Bitcoin prices.

That leads into today’s biggest market debate: does Bitcoin still face a major capitulation event? Community targets ranged from around 53 thousand dollars down to 47 thousand, with one buyer waiting specifically for 50 thousand. Another framework suggested a possible bottom around October or November, followed by continued dollar-cost averaging. One participant placed Bitcoin’s maximum cycle target near 180 thousand dollars, citing diminishing returns, while acknowledging that forecasts should remain adjustable as new information arrives.

Kaspa buying strategies also got practical attention. Kraken’s automatic purchase feature was said to potentially carry a roughly 2.5 percent fee, while Kraken Pro was favored for its lower trading costs. Limit orders were the preferred method for one regular buyer, although another user reported difficulty getting those orders filled. People also complained about expensive direct swaps, particularly when converting Solana into Kaspa, and suggested selling into fiat first before purchasing KAS.

Despite the gloomy price talk, builders are still active. KaChat received positive feedback from a new user. Another community member discussed a stalled Kaspa-connected project, with backend integration proving difficult. The group suggested continuing development on the TN10 testnet, where test KAS can be obtained without spending real KAS on transaction fees.

There was also some forward-looking infrastructure chatter. One user plans to order a DagKnight node before the upcoming hard fork release, prompting questions about whether it would include enough RAM to host K3. The community also briefly asked when KCC01 might arrive, but no concrete update was provided.

Finally, trading signals remain messy. One buyer said their indicator had turned bullish and purchased more KAS, then joked that the indicator must be bipolar as prices moved down. That pretty much captures today’s mood: cautious accumulation, conflicting signals, and plenty of gallows humor.

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