TheCryptoComparisonSeries 16.3 : Kaspa(KAS) against the $, BTC, ETH and AMPL.:Update 2

By excelencia | excelencia | 18 Jul 2023

The recent post from PublishOx user @CoinCollector was instigating Excelencia to make a second update of Excelencia's initial Kaspa post in TheCryptoComparisonSeries.

Update made on tuesday, July 18 at ca 9:13 am UTC.

There can be observed quite a spectacular grow in Kaspa(KAS) since November 15 2022!

In six months from $0.006408(tuesday, november 15 2022 at 10:48 am UTC) to $0.033724(Sunday, April 16 at 8:32 am UTC), representing a more then 500% rise in $value of 1 KAS!
From $92,039M Market Cap(tuesday, november 15 2022 at 10:48 am UTC) to $605,505M Market Cap(Sunday, April 16 at 8:32 am UTC) to

$633,165(tuesday, July 18 at ca 9:13 am UTC)!

From rank 188 (In LivecoinWatch) to rank 87(Sunday, April 16 at 8:32 am UTC) to rank 69(tuesday, July 18 at ca 9:13 am UTC)!

Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable generalization of the Nakamoto Consensus (Bitcoin consensus).

Excelencia started this series after noticing that there can be a lot of difference between the position of a token against $, BTC and ETH.

Noticing for the first time this difference in AMPl, Excelencia got curious to see these different positions in other tokens.

Kaspa(KAS)

What was motivating today to highlight "Kaspa(KAS)"in Excelencia's TheCryptoComparisonSeries, is what Excelencia was saying in the musing question at the end of part six of this series:

When one follows the 1 Year price evolution of AMPL, one might well ask which token could best compete with it…as what concerns the 1 Year price evolution.

When Excelencia was noticing that Kaspa(KAS) was within Livecoinwatch's Biggest Winners list at 10:18 am UTC today tuesday, November 15 2022,

Excelencia felt the urge to become more informed about Kaspa(KAS):

see it for yourself in the screenshots below, taken in a few minutes span from each other:

Screenshot taken on tuesday, november 15 2022 at 10:48 am UTC :

Click in the picture to enlarge the image.

Screenshot taken on Sunday, April 16 at 8:32 am UTC :

Screenshot taken on tuesday, July 18 2023 at 9:14 am UTC :

Screenshot taken on tuesday, november 15 at 10:47 am UTC :

Click in the picture to enlarge the image.

Screenshot taken on Sunday, April 16 2023 at 8:49 am UTC :

Screenshot taken on tuesday, July 18 2023 at 8:49 am UTC :

After noticing that Kaspa(KAS) hadn't any 1Y information, Excelencia went to the twitter account of Kaspa(KAS) to see how long this token is running already, and saw this message in a tweet:

It was surprising for Excelencia to see that after one year, this token was already at rank 188 in MarketCapitalization(92M) on the Livecoinwatch website,which sharpened his curiosity to know more about this token...

Here's how

Kaspa(KAS)

introduces itself on the website:

Kaspa is the fastest and most scalable instant confirmation transaction layer ever built on a proof-of-work engine. Transactions sent to miners can be included immediately in the ledger, which is structured as a revolutionary blockDAG. Kaspa is based on the GhostDAG/PHANTOM protocol, a scalable generalization of the Nakamoto Consensus (Bitcoin consensus). Its design is faithful to the principles Satoshi embedded into Bitcoin — proof-of-work mining, UTXO-formed isolated state, deflationary monetary policy, no premine, and no central governance. Kaspa is unique in its ability to support high block rates while maintaining the level of security offered by the most secure proof-of-work environments. Kaspa’s current mainnet operates with one block per second. After the ongoing rust language rewrite, the core developers goal is to increase the number of blocks per second substantially, attracting the development of smart contracts and DeFi.

Reading these quoted lines above, Excelencia felt very impressed.

Click in the picture to enlarge the image.

Screenshot taken on Sunday, April 16 at 9:05 am UTC :

Stay alert for upcoming token position comparisons and for possible uploads in each of the CryptoComparisonPosts , as Excelencia's exploring of the tokens is increasing.

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Have a nice continuing of your day.

See all episodes from Excelencia's TheCryptoComparisonSeries:

AMPL against the $, BTC and ETH.

SOL against the $, BTC and ETH.

MONERO(XMR) against the $, BTC and ETH.

TETHER(USDT) against the $, BTC, ETH and AMPL.