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22,727 Kaspa (KAS) Will Make You Rich: Analyst

Felix Küster Felix Küster
January 11, 2024
Kaspa (KAS) Token Faces Deep Correction, Analyst Shares Key Support Levels to Watch

A popular YouTube analyst known for his early identification of microcap gems went on record with an ambitious long-term forecast for blockchain protocol Kaspa (KAS).

Key Predictions

  • Expects a temporary pullback toward $0.09.
  • Sees rebound to $0.10-$0.11 range short-term
  • Calls for breakout by Q1 2024.
  • Forecasts parabolic rally on exchange listings like Coinbase
  • Sets a 400x upside target from the current $0.11 price.
  • Implies >$44 price based on possible $1 trillion crypto valuation
  • Says 22,727 KAS needed to reach millionaire status

Dubbing Kaspa his highest-conviction cryptocurrency bet ever, the analyst known as Crypto Galaxy said it represented over 60% of his portfolio. He cited Kaspa’s innovative blockchain architecture solving the “trilemma” of decentralization, security, and scalability as key strengths.

After consolidating from its November price spike, Crypto Galaxy expects some further cooling of the KAS price toward the $0.09 level, where he would target additional accumulation. However, he sees strong support emerging to keep it above $0.07.

From there, he predicts exchange listings like Coinbase in 2024 will ignite tremendous upside, with KAS eventually reaching a market capitalization topping $1 trillion. By his math, this would imply a per-token price surpassing $40. For traders looking to hold enough KAS to reach millionaire status, he says a minimum position size of 22,727 tokens is currently recommended.

So while expecting some turbulence in the very short run, Crypto Galaxy makes clear his intermediate and long-term convictions around the transformational growth he expects from Kaspa over the next few years as adoption expands.

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Felix Küster
Felix Küster

Felix Kuester works as an analyst and content manager for Captainaltcoin and specializes in chart analysis and blockchain technology. He is also actively involved in the crypto community - both online as a central contact in the Facebook and Telegram channel of Captainaltcoin and offline as an interviewer he always maintains an ongoing interaction with startups, developers and visionaries. The physicist has couple of years of professional experience as project manager and technological consultant. Felix has for many years been enthusiastic not only about the technological dimension of crypto currencies, but also about the socio-economic vision behind them.

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