Wednesday, November 20, 2024 UTC

Infinaeon Presale Bonus Dominates Market as Kaspa Price Rally Falters

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The post-election market rally has been unprecedented. Bitcoin has consistently hit new all-time highs, moving ever closer to the $100,000 target set by some bullish analysts. At the same time, many altcoins have produced outsized gains as billions of dollars moved into the market.

The Kaspa price trajectory stands out in a generally bullish market for its lackluster performance. Kaspa has struggled to find solid momentum as other layer-1 coins and meme tokens dominated the narrative. The network’s native KAS token was only able to return between 2-5% during the most bullish moments of this rally, leaving it trading between $0.1 and $0.12.

Kaspa is a Layer-1 blockchain that aims to provide a scalable and secure platform for decentralized applications. It utilizes a novel consensus mechanism called BlockDAG, which allows for high throughput and fast transaction confirmation times.

Looking beyond the altcoin market, we find that several presales have benefited from the bull market rally. The most notable example is Infinaeon, which, despite being in its early stages, has already attracted several whales who see it as a potentially lucrative play due to its layer-2 technology and deflationary tokenomics.

Kaspa Price Rally Disappoints

The Kaspa price rally has left bulls feeling let down by the layer-1 blockchain. While other comparable coins have been producing double-digit returns, KAS has stagnated. Over the past 30 days, it remains in the negative, and its market capitalization has failed to break above $5 billion. As a result, KAS continues to trade well below its all-time high, and many price prediction experts don’t expect it to reach new highs before the end of the year.

Kaspa is a Proof-of-Work (PoW) blockchain that aims to address the scalability limitations of traditional blockchains like Bitcoin. It utilizes a novel consensus mechanism called DAG, which allows for faster transaction processing and higher throughput. This technology enables Kaspa to handle a larger volume of transactions without sacrificing security or decentralization.

Despite its technological advancements, Kaspa has struggled to gain widespread adoption. The recent lackluster price performance reflects this challenge, as the project faces competition from other Layer-1 blockchains with more established ecosystems.

Infinaeon Presale Bonus Draws Whale Activity

Several large presale purchases, including a $25,000 buy order, have pushed the Infinaeon presale into the spotlight. This influx of capital from whales (large investors) indicates growing confidence in the project’s potential and its ability to deliver substantial returns.

Infinaeon’s Layer-2 scaling solution for Ethereum has garnered significant attention due to its unique approach to addressing network congestion and high gas fees. By processing transactions off-chain and settling them in batches on the mainnet, Infinaeon promises to provide a faster, cheaper, and more efficient platform for users and developers.

The project’s upcoming decentralized exchange (DEX) and cross-chain bridge further enhance its value proposition. These features provide seamless asset transfers and a user-friendly trading environment, contributing to the overall appeal of the Infinaeon ecosystem.

The presale bonus, currently at 4%, has also played a role in attracting whale activity. This limited-time offer allows early participants to acquire tokens at a discounted price, maximizing their potential returns.

Traders Turn Bullish On INF’s Deflationary Tokenomics

One of the most important drivers behind the Infinaeon presale is the deflationary tokenomics. This approach to token distribution is designed to counteract the inflationary pressures that often plague other cryptocurrencies, particularly in the Layer-2 space.

Infinaeon’s deflationary model is implemented through a unique gas fee allocation mechanism. A portion of the gas fees collected on the network is used to buy back and burn Infinaeon tokens from the open market. This process effectively reduces the circulating supply, creating scarcity and potentially driving up the price.

This contrasts with many other Layer-2 tokens, which often have a fixed or even unlimited supply. As more tokens enter circulation, their value can become diluted, leading to downward pressure on the price. This can be particularly problematic for meme coins and other tokens with limited utility, as their value is primarily driven by hype and speculation.

Infinaeon’s deflationary tokenomics offer a more sustainable and predictable model for value creation. By reducing the circulating supply over time, the project aims to support the token’s value and incentivize long-term holding. This approach aligns the interests of the platform with its users, as increased network activity leads to more tokens being burned.

Join The Infinaeon Presale Now

Presale: https://presale.infinaeon.com/

Telegram: https://t.me/Infinaeon/

Discord: https://discord.com/invite/WSy65uAYfd

X: https://x.com/Infinaeon

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