Is the Altcoin Bull Market Already Over? But This Coin Has Long Outperformed Bitcoin

When Will the Big Bull Market for Cryptocurrencies Arrive? Is the Bull Still Here, or Has It Already Left?

This has been the hot topic among miners and other cryptocurrency enthusiasts in recent months. The market’s severe fluctuations have made some people rich while leaving many others disappointed. The most disheartened are likely the altcoin investors, as by the end of Q2 2024, altcoins had generally dropped by 30% to 70%.

We all know that when Bitcoin performs well, altcoins typically follow suit, and vice versa. But there is one altcoin that has risen by a whopping 650% in the last 12 months. In the month of June, when the market was wailing, it was also up more than 40 percent for the month, and that’s the kaspa (KAS) coin. It’s one of the most successful cryptocurrencies in history, and has been called “the next Bitcoin”.

As if ignoring Bitcoin’s impact on the cryptocurrency market as a whole, KAS Coin has been in a prolonged bull market, a momentum that is completely different from other altcoin. Since February 20, 2024, it has been trading below the upper resistance level of $0.189. On June 4, the bulls broke through the upper resistance level, and the coin reached a historic price of 0.195. Towards the end of June, ,the listed Bitcoin mining company Marathon Digital announced it had begun mining KAS to diversify its revenue sources, further benefiting the KAS token. On June 30, the price surged again, reaching $0.199.

For investors, KAS is undoubtedly one of the best investment projects. Especially for miners, investing in KAS mining is likely their best decision in 2024. Here, BITMARS introduces several of the most powerful KAS ASICs currently available, namely the ANTMINER KS5 series and the ICERIVER KS5 series.

ANTMINER’s KAS miners uphold the brand’s renowned quality and performance. The ANTMINER KS5 series includes two models: the KS5 PRO and the KS5. The ANTMINER KS5 PRO offers 21T with an energy efficiency ratio as low as 150J/T, making it the most profitable ASIC. The ANTMINER KS5 provides 20T with an efficiency of 150J/T. Both models were released in March 2024.

ICERIVER was the first manufacturer to produce KAS ASICs, with its KS5 series including the KS5L and KS5M. The ICERIVER KS5M offers 15T with an efficiency of 227J/T, and the KS5L provides 12T with an efficiency of 283J/T. These machines were released between March and April 2024.

*The above data is for July 2024 with an electricity price of $0.06.

Have you moved on to mining KAS coins? Or are you looking for a more suitable KAS ASIC mining solution for you? Welcome to ask BITMARS for various brands and models of KAS ASIC, we will provide you with the most honest offer and the most suitable solution for you!

Finally, BITMARS would like to remind everyone that all investments carry risks, so decisions should be made cautiously.

BITMARS is an internationally renowned crypto miner trading company. We provide comprehensive, professional, timely, and cost-effective miner purchasing and hosting services to maximize your wealth!