Despite its extremely fair launch, large community of HODLers and organic growth so far, KAS was hit hard by the recent small drop in BTC, as evidenced by the very short-lived spike down. Here, it picked up liquidity and positions at the aforementioned (see comment on previous post about KAS) ascending trend line.
Where do we go from here? Well KAS, like ICP, has some of the best tech in all of crypto. Around the corner we have Rust speed tests being available tonight, and its highly likely Smart Contracts will come to KAS; since its inception, the KAS development team have aimed to incorporate smart contracts at some point. Ultimately, the KAS DAGchain is superior to most block chain tech in the current top 20, so really it's only a matter of time (especially if we see
more real world utility/adoption). If KAS is destined for top 10 long-term, then we are still extremely early.
Potentially, KAS is forming a bull flag/consolidation zone before another break out.
Where do we go from here? Well KAS, like ICP, has some of the best tech in all of crypto. Around the corner we have Rust speed tests being available tonight, and its highly likely Smart Contracts will come to KAS; since its inception, the KAS development team have aimed to incorporate smart contracts at some point. Ultimately, the KAS DAGchain is superior to most block chain tech in the current top 20, so really it's only a matter of time (especially if we see
more real world utility/adoption). If KAS is destined for top 10 long-term, then we are still extremely early.
Potentially, KAS is forming a bull flag/consolidation zone before another break out.