There seems to be a continuous battle between the Kaspa and Mexc community. Given that Kaspa holders are very long in the long run, some want to highlight what is going on about this situation. The Kaspa price is now trading about $ 0.073 after dipping 4.5 % today.
The KASPA report published another viral theme to the modest 5K after last night, so let’s see what they said.
MEXC pulling chaos
Things were heated when MEXC stopped pulling Kaspa on March 26. The stock market claimed that they need technical promotions, but society does not buy it. The Kaspa Mexc report called to leave the merchants in the dark. They argue that any decent exchange will give clients before stopping withdrawals.
On March 26, MEXC treated the KASPA community concerns about withdrawal stops. Their response below.https://t.co/dlf6ne9dmj
KasPa (Kaspareport) report March 27, 2025
Here’s the real Kicker: Mexc could have done different things. They could prepare a separate portfolio to maintain withdrawals. But they did not. Worse than that, it has kept the distinctive KRC-20 active code transfers during the same period. Talk about a double standard.
Society is wondering now Asset support Mexc. Some merchants refer to carpets as a more transparent alternative. The main anxiety is about 1-1 asset support. While Mexc is still tight, Kraken has been praised for showing full reserves. This has prompted many Kaspa holders to think about moving their money.
Christian Ludwig, a member of the audio society, leads a charge of migration to kits once the clouds resume. His message is clear: The merchants want an exchange that exactly shows the location of their money. The lack of transparency of Mexc raises red flags for many in the Kaspa community.
Also read: Kaspa’s crashes (KAS) was not wrong, but the invitation to wake up for encryption
Tampering accusations
Things became more prevalent when the KASPA report put forward some dangerous allegations. They claim that Mexc may use robots or paid agents to close any cash. When asked about these allegations, Mexc remained silent. Red flag, a lot?
The timing looks very suspicious. MEXC shot down this clouds immediately after the Kaspa price jumped. Suddenly, the price is flat. Merchants noted that the prices of Kaspa from Mexc were 3-4 % lower than other stock exchanges. coincidence? Society does not think that.
Kaspa price drama tells her own story. Before the Mexc withdrawal stopped, Kaspa was on a roll, climbing approximately 50 %. But the moment the Mexc hit the stop at clouds, the price went completely flat. Although it may be just a strange coincidence, many in society do not buy this interpretation. The timing looks very perfect – a tremendous jump in prices, followed by immediate freezing, then stagnation.
Although perhaps by chance, we have noticed that MEXC imposed its withdrawal immediately after the high price of KASPA by approximately 50 %. After stopping, the price of KASPA was the recession. pic.twitter.com/lncyhfxb
KasPa (Kaspareport) report March 27, 2025
The biggest picture
At the heart of this drama is a bigger story. The KASPA report believes that this is exactly why we need decentralized technology. Central stock exchanges have a lot of strength, and they can withdraw exciting business like this with a little result.
Society not only complains. They use this as an awakening call. Kaspa technology can be the solution to these types of exchange. The message is simple: decentralization is the future.
Now, all eyes are on mexc. Will they eat society’s concerns? Do they explain the withdrawal stop? Only the time will be told. But there is one certain thing – the Kaspa community does not back down.
Also read: Why are miners in Kaspa smile?
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