Analyst Draws Parallels Between Kaspa and Cardano, Forecasts KAS to Reach This Price at its Peak Market Cap
Privacy-oriented blockchain network Kaspa offers intriguing bull case upside if its KAS token follows fractal foreshadowing against Cardano’s ADA, according to crypto strategist Cryptographur. However, realizing multi-dollar valuations requires prudence and perspective.
Cryptographur notes historical patterns in ADA’s market cycle that peaked near $3.16 at a $32 billion market cap. Given Kaspa’s lower 28.8B token supply, similar visibility could imply $4+ prices for KAS.
Of course, fractal alignments do not guarantee equivalent breakouts. Success depends on execution and adoption. However, Cryptographur suggests Kaspa’s shielded transactions and Bitcoin merge-mining security lend credible fundamentals for mainstream relevance if currents shift.
For investors, these fractal mappings provide ballpark monitoring when seeking to model Kaspa’s ascent. Upside of similar scope is achievable in some range of macro conditions. But allowing stretched timelines gives the necessary latitude.
Read also:
- Kaspa Set to Explode, Analyst Says KAS Showing Strength at This Point is an Indication of Strong Momentum
- Cardano Sees Surge in ADA Transactions Over $100,000: Analyst Says This Surge Could Be a Precursor to a Noteworthy Phenomenon
- Investors Hurry to Hoard Bitcoin Minetrix As Market Perks Up – Can $BTCMTX Realize the 10X Predictions?
Cryptographur concludes by urging managed investments according to individual time horizons and risk appetites. As with any emergent project, unrestrained exuberance proves risky. With disciplined positioning though, Kaspa’s inflation-resistant narrative holds promise should its utility find recognition amid future industry thaws.
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