The Crypto Channel posted a video on YouTube to address a common question of how much Kaspa KAS investors need to retire. The presenter titles the video “How Much KASPA You’ll Need To RETIRE!!” and considers various variables to answer the question. According to her, many people have been asking her about it.
In the 12-minute-long video, the presenter admitted that there is no universal answer to the question as it depends on various variables which would lead to asking important questions like the following.
- How much money do you have to invest?
- How much are you currently investing?
- When do you plan to retire?
- How much money do you aim to have by retirement?
These factors will influence whether to hold the coin long-term or short-term.
Doge2014 raises 450K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +What you'll learn 👉
Kaspa Price Predictions and Expected Milestones
Kaspa is currently priced at $0.16 which the crypto analyst considers as a good opportunity to buy. Although she expressed doubt about how high it can rise, she thinks the price could rise to around $0.2 in September.
The crypto analyst believes that the price will be stable at the 20-cent milestone and not drop back.
She also thinks Kaspa’s price could reach $1 by the end of the year, and then $2-$3 per coin in 2025. The presenter is expecting Kaspa to reach $10 per coin in this bull cycle. Although some people expect it to rise to $20, she considers that too optimistic.
Read Also: Expert Says ‘Biggest Bull Run Has Started’ Cites US Election, Bitcoin Capitulation And More
Investment Scenarios and Potential Returns
Now let’s look at various investment scenarios and their potential returns at key price points ($1, $2, $3, $10)
- $500 Investment:
- Current holding: 2,988 coins.
- At $1: $2,988.
- At $2: $5,976.
- At $3: $8,964.
- At $10: $29,880.
- $5,000 Investment:
- Current holding: 29,800 coins.
- At $1: $29,800.
- At $2: $59,600.
- At $3: $89,400.
- At $10: $298,000.
- $10,000 Investment:
- Current holding: 59,750 coins.
- At $1: $59,750.
- At $2: $119,500.
- At $3: $179,250.
- At $10: $597,500.
Long-Term Projections
If Kaspa (KAS) reaches $100 per coin based on her projections, a $5,000 investment in the token now, will be worth $2,990,430. A $10,000 investment in the coin would be worth $5,988,161 in the same period.
Further long-term potential: $150-$200 per coin in ten years.
The YouTuber advices that large investments could yield significant returns. Suggesting that those with larger portfolios ($50K-$100K) should not hesitate to invest $5K-$10K in Kaspa. To enjoy the long-term benefits of holding the token for the next 10 years.
KAS Price Remains Flat
The price of Kaspa has not had so much action lately. Following a 50% price drop between June 30 and July 8, the price has had a slow but steady recovery. It consolidated between $0.15 and $0.17 for more than a week before breaking out.
After that, it continued sideways trading again between $0.173 and $0.18. The broader price trend shows a sideways trading pattern between $0.193 and $0.14.
However, the price is forming higher low and higher high patterns already, which is common in an uptrend and it is moving toward the top of the consolidation pattern. A continuation of the pattern could see the price eventually break out of the pattern to form new all-time highs.
Follow us on X (Twitter), CoinMarketCap and Binance Square for more daily crypto updates.
Get all our future calls by joining our FREE Telegram group.
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.
