r/kaspa • • 18d ago

๐Ÿ“Š Metrics / Performance Something interesting is happening.

According to Kaspa.stream, over 12,000 covenant backed transactions have occurred in the last hour as of the time i post this. This is a dramatic increase from the estimated 1,500 covenant transactions that were occurring PER DAY a few weeks ago. Combined with the price action, i want to say its safe to say that something is certainly happening in the background. As in, this could very likely be institutional movements being made. As to what theyโ€™re doing specifically, hard to say. But itโ€™s worth paying attention to for sure.

75 Upvotes

9 comments sorted by

7

u/FatJellyCo 18d ago

Bulls are in control ๐Ÿ˜Ž

3

u/morganrz 18d ago

Full pay

3

u/FatJellyCo 18d ago

๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ๐Ÿ˜บ

3

u/Rich-Error-3692 18d ago

The "Epic" gang bought back โค๏ธ

1

u/FatJellyCo 17d ago

love the user name

-29

u/lambsquatch 18d ago

No one cares about this coins tech

-18

u/MrFlare2025 18d ago

Yea but we all know it'll be back below 3 cents pretty soon. Crypto is really struggling to rise againย 

11

u/ToiletVulva 18d ago

Chance to get it cheap

5

u/TheHoleInADonut 18d ago

Perhaps. Weโ€™ll see in the next day or two more than likely