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Why Is Kaspa (KAS) Price Down Over 70% Despite All the Hype?

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Kaspa was once seen as the dark horse of blockchain. It had a loyal community, strong Proof-of-Work fundamentals, and speed that rivaled modern layer-1 chains. Yet despite all the buzz, Kaspa price has fallen sharply. After reaching an all-time high of about $0.2 in 2024, KAS now trades near $0.05, losing more than 70% of
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