Kaspa’s Price Plummets: Unlocking the Mystery Behind the Token’s Decline

Kaspa, once hailed as a potential blockchain disruptor, has recently seen its price plunge by over 70%. Despite boasting strong technical foundations and a loyal community, the token is struggling to maintain momentum despite reaching an all-time high in 2024. Analysts are scrutinizing the factors behind this dramatic drop, with some attributing it to broader market trends rather than solely focusing on Kaspa’s unique characteristics. 70% of its value lost since 2024, Kaspa’s price trajectory raises questions about investor confidence and the long-term outlook for the project.