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Kaspa's Toccata hard fork boosts KAS token 20% before quick sell-off, bearish trend likely to continue.

Technical Signals
30 Jun 2026
AMBCrypto
View Source
Bearish
pluang ai news

Kaspa completed its Toccata hard fork on June 30, introducing smart contracts and KRC-20 token support. The KAS token price surged over 20% ahead of the upgrade but quickly dropped 7.8% within 10 hours, reflecting a sell-the-news reaction. Technical analysis shows a bearish long-term trend with potential further declines to $0.0249 or $0.020. Traders should be cautious as short-term gains appear temporary amid overall negative momentum.

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