![When Will Kaspa (KAS) Hit $1?](https://captainaltcoin.com/wp-content/uploads/2023/10/KAS-IMAGE.png)
A crypto analyst and online personality has drawn parallels between Kaspa (KAS) and Bitcoin, suggesting the lesser-known blockchain project could reach triple-digit valuations within the next ten years.
In a post on the microblogging platform X, analyst “Plan𐤊” with the handle @MikoGenno highlighted Kaspa’s strong fundamentals, noting its ultra-scalable nature while adhering to proof-of-work consensus, akin to Bitcoin’s mining process. This, the analyst argues, allows Kaspa to solve the blockchain “trilemma” – an ability to achieve decentralization, security, and scalability simultaneously.
“Kaspa has by far the best fundamentals,” @MikoGenno wrote. “It is ultra scalable while adhering to the laws of nature and physics (PoW) and solves the trilemma.”
![](https://captainaltcoin.com/wp-content/uploads/2024/03/image-1409-1024x610.png)
The crux of the analyst’s bullish outlook, however, lies in the apparent similarity between Kaspa’s price movements and those of Bitcoin early in its lifecycle. @MikoGenno points out that, like Bitcoin, Kaspa’s price appears to be following a “power law” trajectory – a curve that shows a relationship between two variables.
“Is it a coincidence that $KAS is the only asset, bar #Bitcoin, that appears to follow a power law, predicting a price of $100 in 2032?” the analyst mused.
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Show more +For the uninitiated, a power law is a functional relationship where one variable’s value grows proportionally to another variable raised to a fixed power. In simpler terms, it suggests that Kaspa’s price could continue growing at a predictable, exponential rate if past patterns hold true.
While the $100 price target for 2032 may seem ambitious for the relatively obscure Kaspa, which trades at just over $0.13 at the time of writing, the analyst’s observations have piqued interest in the crypto community. Many are now watching to see if the self-proclaimed “sustainable” blockchain can indeed follow in Bitcoin’s footsteps and etch its name in crypto legend.
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