In a video posted on YouTube, crypto expert EZY CRYPTO analyzed why Kaspa (KAS) might see a mega rally soon based on various bullish factors that he has pointed out.
Even though the crypto market has been turbulent, Kaspa has remained stable. While Bitcoin and other coins dropped, KAS has stayed around $0.15. This stability is impressive, especially since Kaspa briefly reached $0.18 before settling back to its current price.
Kaspa has outperformed Bitcoin by 20% over the past week. This matters because Bitcoin’s dominance seems to be weakening, which could help other coins like Kaspa gain popularity.
The crypto market looks like it’s entering a period where low-capped cryptos are doing well. Projects like FET have seen big gains, suggesting an “altcoin season” is underway. This shift in the market could be good for Kaspa’s growth.
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Kaspa’s Future Potential
Experts think Kaspa could rise like Solana if it gets listed on big exchanges like Binance and Coinbase. That could make Kaspa much more well-known and easier to buy.
$3 is seen as a modest estimate for Kaspa’s price. But some think it could go as high as $376, which would be 24 times its current level.
Kaspa’s technology sets it apart in the crowded crypto world. It aims to process 100 blocks per second, making it one of the fastest cryptocurrencies. Also, the planned KRC-20 standard could help develop apps and stablecoins on Kaspa, boosting its use.
Read Also: Here’s Why Ethena (ENA) and Lida DAO (LDO) Are Cryptos to Avoid This Week
The Right Time to Invest?
According to Ezy Crypto, the market sentiment has gone from greed to fear, and the crypto analyst thinks this is a good time to invest in strong projects like Kaspa.
The usual cycle during bull runs is for Bitcoin to start, then Ethereum, then larger altcoins, and finally smaller altcoins. This suggests now could be the ideal time to focus on high-potential altcoins like Kaspa to potentially get big future gains.
Competition with Other Coins
Kaspa is competing with Internet Computer (ICP) in terms of market cap, and it may overtake ICP soon. Kaspa’s long-term goal is to become one of the top 5 cryptocurrencies, potentially surpassing Solana.
Some meme coins are reportedly being built on the Kaspa network. This could bring a lot of attention and trading volume to Kaspa, helping it gain more market share.
The crypto expert is very positive about Kaspa. They see the current market fear as a good time to invest. Bitcoin’s dominance patterns suggest a big rally for altcoins is coming, and Kaspa could benefit a lot from that.
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