How Much Will $1,000 Investment in Kaspa Be Worth at Peak of Bull Run? KAS to Bottom at This Price
CryptOG, a pseudonymous crypto analyst on X, recently made a bullish prediction on the price outlook for Kaspa (KAS). In a post, he stated that a $1,150 investment to buy 10,000 KAS at current prices could be worth over $46,000 “very soon.”
According to the analyst, if you buy 10k $KAS today, that is only $1150,” tweeted CryptOG, explaining that a small investment could yield huge returns. He notes that the current market capitalization of Kaspa is $2.5 billion, with 22.3 billion KAS in circulation out of a maximum supply of 28 billion. CryptOG believes the potential for KAS is enormous, stating “This can easily go up to 100b at the peak of bull run which is 40x from current level and thats just realistic/conservative prediction.”
He crunches the numbers to emphasize the possible gains, explaining “So with only $1150 invested you could have $46k very soon.” Given the tokenomics and room for growth, CryptOG sees Kaspa as a prime opportunity, boldly concluding “I think #kaspa is one of the safest bets this cycle.
Doge2014 raises 500K in days celebrating Dogecoin. Make potentially big profits and get in on exclusive airdrop!
Show more +KAS Price Outlook
In a follow up post, CryptOG gave his price outlook and recommendations for KAS:
Bottom Expected Between $0.085-$0.095
CryptOG gives his price prediction for where he expects Kaspa to bottom out before the next bull run. “I think area between .085 and 0.95 is bottom for $KAS,” he states, giving a specific price range of $0.085 to $0.095 that he sees as the floor for KAS. This lines up with the 200 EMA, a key technical analysis metric, where CryptOG expects Kaspa will bounce up from at this bottom.
He notes that this price area also represents an excellent dollar-cost average buying opportunity for investors looking to purchase KAS. By dollar-cost averaging in while Kaspa trades sideways at these levels, investors are able to lower their average entry price before the next breakout run. However, CryptOG warns that investors likely won’t have much time left to buy at these discounted prices, predicting “You won’t get these prices for #KAS anytime soon or ever again.”
He clearly believes Kaspa is significantly undervalued around the $0.085 to $0.095 range based on his lofty peak price bull run forecast, making it an opportune time for investors to open or add to their positions.
So in summary, CryptOG is very bullish on KAS and expects a $1,150 investment to potentially be worth over $46,000 at the peak of the next bull run. He recommends buying or dollar-cost averaging in the $0.085 to $0.095 range before the next leg up.
You may also be interested in:
- Top Onchain Analyst Explains What Will Trigger Bitcoin’s (BTC) Price Rebound: Watch Out for These
- Arbitrum’s Record-Breaking Revenue Month Proves ARB’s Long-Term Potential
- BitPay Expands Payment Options to Include Binance Coin and Chainlink
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.
