A YouTube analysis by Tactical Investing has shined the spotlight on Kaspa, a cryptocurrency that has seen its price surge massively over time. Presenter and cryptocurrency expert, tacticalinvest_ of the Tactical Investing YouTube channel has delivered a bullish forecast for Kaspa, arguing the coin could realistically reach prices between $1.36 and $4.06. This comes after a 91x growth in the last year.
What you'll learn 👉
Doubling Down: The Case for $1.36
“I think #Kaspa can probably reach $1.36,” argues tacticalinvest_ in their post on the X platform. The presenter makes the case that by comparing the average market capitalization of the top 25 cryptocurrencies besides stalwarts Bitcoin and Ethereum, Kaspa could reach a market cap of $31 billion. This would translate to the $1.36 price forecast, representing a substantial 700% gain from current levels.
Additionally, tacticalinvest_ notes that Kaspa has already exceeded gains of 10,000% in a little over one year. If it continues this momentum, its future looks bright. “Kaspa has outperformed many top projects,” the expert asserts.
Four Dollars and Beyond?
Beyond the base case $1.36 forecast, @tacticalinvest_ contends Kaspa could move even higher. “Possibly reach $4.06,” the analyst suggests. This aligns with past crypto market cycles where prices have exceeded previous all-time highs by tripling during market frenzies.
Doge2014 raises 300K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +Consequently, if the past is precedent, Kaspa’s rise 20 times from today’s value is feasible under the right conditions. “In a FOMO bull market scenario, [it] could potentially exceed its all-time highs,” tacticalinvest_ argues. The presenter cautions viewers to remain realistic but acknowledges spectacular gains have occurred before.
As the crypto markets prepare to enter the next cycle in 2024-2025, Kaspa stands out as an intriguing option. With high upside potential according to experts like tacticalinvest_, it is undoubtedly one to watch. While past performance does not guarantee future returns, Kaspa has already demonstrated the ability to produce life-changing gains.
You may also be interested in:
- Kaspa’s KAS Token Soars to New Heights, Surpassing Cosmos (ATOM) and Theta (TAO)
- Filecoin (FIL) Eyes Tripling to $25 as Technicals Turn Bullish and Solana Partnership Catalyzes Growth
- The 5 Best Altcoins to Watch in February 2024: Which Altcoin Will Explode in 2024?
We recommend eToro
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
