Kaspa’s Cryptocurrency Surges Over 6% in 24 Hours

16 views 2:19 pm 0 Comments May 17, 2024

Kaspa’s (CRYPTO:KAS) has shown a 6.9% price increase in the last 24 hours, reaching $0.12. This movement contrasts with its performance over the past week, where it faced a 15.0% decline from \(0.14 to its current value. The current all-time high for this coin stands at \)0.19.

Analyzing the price fluctuations and volatility of Kaspa, the chart below illustrates the comparison between its 24-hour movement (left) and the weekly trend (right). Bollinger Bands, represented by gray bands, indicate the volatility levels for both time frames. A wider band or a larger gray area signifies increased volatility during that period.

Over the past week, Kaspa’s trading volume has surged by 16.0%, aligning closely with the overall circulating supply growth of the coin, which has risen by 0.25%. The current circulating supply is recorded at 23.09 billion tokens, constituting approximately 80.44% of the maximum supply of 28.70 billion tokens. Based on available data, KAS is currently ranked at #42 with a market cap of $2.74 billion.

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