As we inch closer to the anticipated altseason, two names have surfaced with contrasting trajectories: Kaspa (KAS) and JetBolt (JBOLT). While Kaspa has seen a sharp drop in value, JetBolt steals the spotlight with crypto whales flocking to its presale. Kaspa has fallen 21.4% over the past two weeks, whereas JetBolt’s presale continues to soar, selling over 40 million tokens since its launch.
Will Kaspa be able to bounce back before the altseason, or will JetBolt outpace KAS as it gains massive presale momentum?
Kaspa Sees Major Decline as Altseason Looms Near
Kaspa has been showing signs of weakness recently, with its price plunging by as much as 21.4% over the past 14 days and a further 12% drop over the past week. At press time, KAS is trading at $0.1319. As altseason looms on the horizon, Kaspa’s performance has left many investors uncertain about the token’s trajectory.
Despite some notable developments on its network, including a recent spike in total value locked (TVL) and the successful launch of KRC-20 tokens on its mainnet, Kaspa hasn’t recovered yet from its downtrend.
The recent introduction of KRC-20 tokens, which function similarly to Ethereum’s ERC-20 tokens, allows the creation of decentralized applications (dApps) on the Kaspa network. Some analysts and market players expected the KRC-20 token launch to bring signs of life to Kaspa’s price.
However, Kaspa’s recent on-chain activity hasn’t translated into the strong price action or at least a small recovery investors hoped for. Some token holders are optimistic about Kaspa bouncing back and regaining its former glory, which saw an impressive 250% surge over the past year.
While on-chain activities may be up on Kaspa’s network, fear persists that Kaspa’s price could dip even further. With KAS showing sluggish growth as the altseason approaches, whales look for opportunities in younger rising players like JetBolt (JBOLT).
JetBolt Gains Momentum as Whales Diversify Holdings for the Altseason
While Kaspa suffers from a tragic price slump ahead of the alt season, whales are shifting their attention to finding the best altcoins for this exciting period. JetBolt is one of the fresh altcoins that stand out as crypto whales’ stellar pick for the altseason.
JetBolt’s state-of-the-art features make it a top choice for crypto buyers. One of its attributes that draws the most interest from blockchain whales is its zero gas technology. This feature empowers crypto users with zero gas fees, which is JetBolt’s innovative way to address the prominent issue of high gas fees on other blockchains.
As a next-gen altcoin, JetBolt leverages the latest technology, such as AI. JetBolt’s AI-powered news and insights tool has captured the attention of blockchain whales seeking altcoins that integrate the latest trends and technology into its features.
Aside from attractive features, whales jump to JetBolt because of its presale momentum. After its presale launch in August, JetBolt has already sold more than 40 million tokens, which is a huge milestone for a young presale coin.
Large-scale token holders can also take advantage of JetBolt’s 25% bonus tokens upon purchasing JetBolt (JBOLT) tokens in bundles. With JetBolt’s special perks for early buyers and unique features, it’s no surprise that whales have been rushing to get JetBolt (JBOLT) tokens ahead of the altcoin season.
Conclusion — Kaspa Suffers Price Drops as JetBolt Gains Steady Momentum Before the Altseason
As Kaspa struggles to regain momentum, whales are increasingly shifting their focus to JetBolt. With Kaspa’s price down by more than 21% in the past two weeks alone and uncertainty surrounding this token, blockchain whales seek altcoins that show no signs of fading momentum. With JetBolt’s presale gaining steam and early buyers moving fast to get JetBolt tokens, JetBolt shines as a coin to watch as we head into the altseason.
For more information on JetBolt’s ongoing presale, visit:
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