While price can be manipulated by MM/Whales, hash rate cannot.
So it tells the real story of network growth/value and the gap between the two can be used to assess fair value.
Just recently, Kaspa moved from overvalued to undervalued for the first time, and the gap is only widening.
It has now reached a point where it is almost as undervalued as it was when it was most overvalued. This is the first time that price speculation has not outpaced hash rate growth.
Make good use of it.
By the way, if you haven't noticed, the Altcoin market is horrible right now, especially utility projects and especially PoW projects.
Many are down more than 90%...
And guess where @KaspaCurrency is then... actually this correction is a very good performance compared to most other things.
Legends of Kaspa to follow On this channel đ©¶
Any engagement is greatly appreciated as always!
micro out âïž.
#Binance #MarketDownturn #vues
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