- Caspa price recovered above $0.031 before giving up gains to sit near the $0.030 level.
- The upside momentum for the altcoin was derailed as major exchange Uphold announced it was delaying the listing of KAS.
- Uphold says that the delay is due to a technical issue which will be resolved soon.
Kaspa (KAS) was among the biggest gainers early today as the cryptocurrency saw a subsequent surge BitcoinSharp fall of Wednesday overnight.
In the past 24-hours, Caspa price is up over 10% to above $0.031 as BTC looks to reclaim $29,000. KAS bulls started tracking the coin’s all-time high near $0.043 on April 2, 2023.
Efforts to put the bears in their place are ongoing, although this is one of the major catalysts for altcoin Going up was an imminent listing on a major US crypto exchange
Sustain the delay in listing of Kaspa (KAS)
on Thursday, maintain, which was going to be the first centralized crypto exchange in the US to list KAS, announced that it would delay the listing. The multi-asset digital asset platform said the “difficult decision” was made due to technical issues.
⚠️ KAS Listing Delayed
Due to technical issues we have made the difficult decision to postpone this listing.
Our customers deserve a seamless and fair trading experience – and we are excited to list KAS as soon as we can ensure that. pic.twitter.com/qJGuB2cY4H
— Uphold (@UpholdInc) April 27, 2023
But despite the delay, Dr Martin Hisboeck, head of research at Uphold, has assured KAS holders that the issue was “minor” and will be resolved soon. He Tweeted,
“As we were expecting *high demand*, we have taken the difficult decision to delay this listing due to some technical issues – to ensure that you get a smooth and fair trading experience and the best execution. Won’t be long, it’s a little thing we’ll settle soon,
He offered to explain everything on Twitter Space.
Kaspa price is in the green over the past day (at the time of writing) and is up almost 28% on the week, after witnessing a double-digit increase in value with weekly gains of over 30%.
Currently, KAS can be traded on several exchanges including MEXC Global, Gate.io and BingX. The token’s recent momentum comes amid a flurry of listings including LBank and Bitget.