Kaspa Tops CoinMarketCap Community Sentiment With 90% Bullish Votes – Here’s Why

CaptainAltcoin
KAS3,68%
XRP1,48%
ETH-0,74%
ADA1,63%

Kaspa’s price hasn’t had the best year. The coin is currently trading around $0.03, and on the yearly chart it’s still down roughly 60%. That kind of drop usually hurts sentiment in most crypto communities.

But Kaspa has always been a bit different.

Even when the market turns bearish, its community tends to stay unusually positive. That showed up again when Kaspa ranked #1 in community sentiment on CoinMarketCap, with more than 90% bullish votes. The ranking even placed Kaspa ahead of several larger projects like XRP, Ethereum, Cardano, and Polkadot.

A well-known Kaspa community account on X pointed out the milestone and shared an interesting explanation for why the project keeps generating such strong engagement.

Kaspa’s Visibility Comes From Builders

In the post, the account explained that Kaspa doesn’t rely on a traditional marketing machine. There isn’t a big budget behind advertising or promotion.

Instead, most of the visibility comes from the people actually building the protocol.

Source: X/@Kaspa_Commons

Kaspa developers are very active when it comes to explaining the technology. They regularly post research threads, technical discussions, and updates about how the network works. The idea is simple: explain the technology clearly and let the project speak for itself.

Because of that, more engineers and researchers have started paying attention to the network. Some of them eventually join the ecosystem and begin contributing to the protocol.

Over time, this has helped Kaspa build a reputation as one of the more technically driven proof-of-work projects in crypto.

Creators and Ambassadors Keep the Momentum Going

The post also highlighted two other important parts of the Kaspa ecosystem: creators and community ambassadors.

Across social media, many community members produce explainers, educational threads, graphics, interviews, and deep dives about Kaspa. Their job is basically to translate complex technical ideas into something easier to understand.

That content plays a big role in keeping the conversation alive around the project.

Then there are the ambassadors. These are volunteers spread across different countries who organize meetups, help onboard new users, introduce merchants to the network, and talk about Kaspa in their local communities.

According to the thread, this creates a powerful cycle.

Developers improve the protocol and explain the technology. Creators turn those ideas into stories and educational content. Ambassadors spread the message and bring new people into the ecosystem.

That combination is one reason Kaspa keeps showing up near the top of community sentiment rankings.

Even during a rough market year, the project still manages to maintain one of the most engaged communities in crypto, because people continue to participate and contribute.

Read also: ChatGPT Predicts Kaspa (KAS) Price if Bitcoin Hits $100K in April

Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Composite Market Index (BCMI) Approaches High-Conviction Support Zone, Signals Value Accumulation Phase

Bitcoin's Composite Market Index is testing a crucial pivot level, indicating BTC is historically undervalued. Key metrics like MVRV and NUPL show reset investor sentiment, while a downtrend in the 90-day SMA suggests ongoing selling pressure.

GateNews13m ago

Shiba Inu Price Analysis: Layer 3 Innovation and Bullish Momentum Ahead

Shiba Inu shows recovery signs with key support holding and rising trading volume. Shibarium and Layer-3 upgrades strengthen utility, privacy, and ecosystem expansion across the network. Burn mechanisms and government-linked holdings add attention and long-term market interest. Shiba Inu

CryptoNewsLand1h ago

A huge Ethereum whale moves 2,000 ETH, seemingly preparing to sell

On April 17, an on-chain analyst, Ai Auntie, disclosed on the X platform that a long-term whale who has held a large amount of tokens since the Ethereum ICO period transferred 2,000 ETH (about $4.63 million) to a multi-signature address. The receiving address has been identified as a “designated sell” address in its history—funds are typically deposited to an exchange shortly after the transfer.

MarketWhisper4h ago

Trump Announces Israel-Lebanon Ceasefire as Bitcoin Reclaims $75,000

April 17, Bitcoin returned to around $75,000 as U.S. President Trump announced a 10-day ceasefire agreement between Israel and Lebanon, boosting market sentiment. However, a CryptoQuant report shows that the proportion of large deposits has surged to over 40%, suggesting institutions may be preparing to sell. In addition, Bitcoin faces key technical resistance in the $76,000 to $76,800 range, and the market remains cautious about how events will unfold next.

MarketWhisper6h ago

Optimism boosted by the U.S.-Iran ceasefire agreement helps Bitcoin hold steady at 75K

Israel and Lebanon reached a 10-day ceasefire agreement, U.S. stock index benchmarks hit new highs, and market sentiment is optimistic. Bitcoin is hovering around 75K; with capital flowing in, the rally is gradually gaining momentum. Keep an eye on the 78K resistance level.

ChainNewsAbmedia7h ago

Bitcoin Hovers Near $75K as Whales Accumulate 270K BTC Over 30 Days, Largest Since 2013

Bitcoin nears $75,000, driven by significant whale accumulation of 270,000 BTC and low exchange reserves. Despite fluctuations and negative funding rates, it rebounded after geopolitical news, with futures inflows increasing since March.

GateNews10h ago
Comment
0/400
No comments