Kaspa Soars as PPKAS Meme Token Frenzy Ignites Market Rally

Move over, Wall Street—crypto's new wild west is minting millionaires overnight.

Kaspa (KAS) rockets upward as its meme-coin counterpart PPKAS becomes the degenerate gambler's flavor of the month. The Proof-of-Work underdog—once dismissed as 'just another DAG project'—now flips skeptics the bird with double-digit weekly gains.

Meanwhile, PPKAS speculators treat their portfolios like a roulette wheel. Because nothing says 'sound investment strategy' like chasing a token whose roadmap could fit on a cocktail napkin.

This isn't financial advice—it's Darwinism in action. Buckle up.

Kaspa crypto outlook

The Kaspa crypto token hasn’t spiked as hard as have some top altcoins in the past 24 hours. KAS indeed lags Ethereum (ETH) or XRP (XRP), both of which have broken above key levels. ETH eyes the $4k mark, while xrp price has rallied close to a new all-time high.

However, although Kaspa’s price has retreated from intraday highs, it remains above $0.09 after bouncing off recent lows with a 15% surge this past week.

KAS also trades above both the 50- and 200-day simple moving averages, a technical picture that supports a bullish continuation. The House passing key crypto regulation bills in the U.S. and the overall bullishness around digital assets will likely catalyze further gains for KAS.

The LAYER 1 blockchain’s token can also rally alongside other ”Made in America” cryptocurrencies.

Kaspa’s first play-to-earn web3 app

One notable development in the Kaspa ecosystem is the excitement around PPKAS, a meme token project on Kaspa. The project is Kaspa’s first play-to-earn web3 application and seeks to blend memecoin fun, utility, and community.

Per details on the PPKAS token shared via X on July 17, the project is experiencing significant gains across its multi-app platform, with features such as mini-games, VIRTUAL mining, and the non-fungible token collection “Little Hero.”