Kaspa (KAS) is up 17% in the last seven days following a game-changing partnership with Igra labs to develop an EVM-compatible Layer-2 solution. With this set to bring Ethereum to more users on the Kaspa (KAS) chain, a rebound may be on the horizon as the market expects an altcoin season.
Kaspa (KAS) Development To Benefit Ethereum (ETH)
Via a joint announcement on X, the Kaspa (KAS) team revealed a game-changing partnership with Igra Labs to develop a ZK-Rollup with EVM compatibility. With an ability to process 3,000 transactions per second, this is a good development for Kaspa (KAS).
Moreover, by being EVM compatible, the blockchain can now run Ethereum-based smart contracts and decentralized applications (dApps) smoothly without major code changes. With this, more users can access Ethereum (ETH) services, enabling cross-chain abilities between Ethereum and Kaspa blockchains.
Amid the news of the partnership, Kaspa (KAS) has rallied 17% in the last seven days and may rise higher soon. At press time, based on chart analysis, Kaspa (KAS) is currently testing resistance at the upper trendline to break out and regain bullish momentum.
By attracting more users and innovation to Ethereum (ETH), the growth of the premier cryptocurrency may trigger an altcoin season, which has the potential to have a bullish effect on broader market performance.
FloppyPepe (FPPE) Remains Bullish, Defies Market Condition Ahead of Altcoin Season
With Ethereum (ETH) likely to rally and trigger an altcoin season soon, FloppyPepe (FPPE) is primed to ride this potential bullish wave. This AI meme coin that has been on a bullish run in its ongoing presale despite the broader market decline is investment-worthy ahead of the altcoin season.
FloppyPepe (FPPE) is set to debut in the crypto market with AI tools that will reinvent the meme coin space. Who says meme culture and meaningful utilities can’t coexist? FloppyPepe (FPPE), the Matt Furie-inspired cryptocurrency, maintains its meme background while offering top-notch utilities like premier cryptos.
After announcing the launch of Meme-o-Matic, a text-to-image AI tool that generates memes based on text prompts, its community on Telegram, Discord, and X surged in number.
Subsequently, FloppyPepe (FPPE) hinted that its video generation AI machine, Floppy X, would come next.
This announcement caused its private presale round to sell out in 24 hours, raising over $900,000. The private presale round gives a glimpse of how the public presale round will turn out. Based on current data, the public presale priced at $0.0000002 has raised close to over $1 million in the last seven days.
The pattern of success of Matt Furie’s inspired cryptos and AI features of FloppyPepe (FPPE) are part but not all of the reasons why the presale is seeing intense buying pressure. Its staking and yielding farming for passive income and its initiative to direct 1% of every transaction to fund wildlife endangered species conservation are some other attractive FloppyPepe (FPPE) offerings.
More impressively, FloppyPepe (FPPE) is set to use a burn mechanism from the onset to prevent inflation problems faced by many cryptocurrencies. FloppyPepe (FPPE) will burn 1% of every transaction to increase scarcity. Such a long-term growth plan adds to why many are out to accumulate the FloppyPepe (FPPE) coin in the ongoing presale. This excellent burn model and the redistribution of 3% of every transaction to its community are striking points mentioned in a YouTube video, Crypto Chino, a popular YouTube video created to introduce this utility meme coin to their subscribers.
Take away
Kaspa (KAS) is on a good run after its partnership but has yet to break resistance. As its EVM-compatible partnership is set to bring Ethereum (ETH) to more users and cause it to rally, an altcoin season may be on the horizon. With this possibility in mind, FloppyPepe (FPPE) has solid potential for meteoric growth based on its current market performance.
Priced at just $0.0000002, now is an ideal time to join its presale before it surges in value. Moreover, the SolidProof audited AI meme coin gives everyone an opportunity to explore their creativity and be part of the next game-changing development in the meme space.
Join the FloppyPepe (FPPE) presale and community:
Website: https://floppypepe.io/
Whitepaper: https://floppypepe.gitbook.io/floppypepe.io
Telegram: https://t.me/floppypepeofficial
X (Twitter): https://x.com/floppypepe
