![Kaspa (KAS) Token Faces Deep Correction, Analyst Shares Key Support Levels to Watch](https://captainaltcoin.com/wp-content/uploads/2023/07/kaspa.png)
Kaspa ($KAS) is emerging as a top asset, poised to redefine the paradigms of the industry. As it ascends the ranks in the bull market, experts and enthusiasts are closely watching its trajectory, anticipating substantial gains and revolutionary advancements.
What you'll learn 👉
Market Cap Projections: A Deep Dive
When Kaspa attains the 10th rank in the bull market, it is projected to reach an approximate value of $3 per token, given the expected peak crypto market cap (MC) of $10 trillion. This estimation by analyst spacetraveller is based on the assumption that the 10th rank holds around 0.8% share of the total crypto market cap, leading to a Kaspa market cap of $80 billion!
$10T * 0.008 = $80 billion
This represents a staggering increase of +6500% from its current value, illustrating the immense potential for growth and profitability.
Climbing the Ladder: Rank 3 Projections
As $KAS continues its stellar rise to rank 3, it is expected to constitute approximately 8% of the total crypto market cap. At a $10 trillion peak, this translates to:
$10T * 0.08 = $800 billion MC
With an expected circulating supply of around 25 billion $KAS tokens, this would result in a remarkable value of $32 per token, showcasing a monumental growth of +71100% from today’s price.
Solving the Trilemma: Scalability, Decentralization, and Security
Kaspa stands out by addressing and resolving issues that have plagued even the top 10 projects in the crypto space. It has successfully tackled the trilemma by ensuring scalability on the base layer while maintaining decentralization and security, marking it as the final breakthrough in the crypto domain.
For those who believe they might be late to the party, the reality is that the astronomical rise of Kaspa has only just initiated. The longer platforms like CZ delay in listing $KAS, the more challenging it will become to provide deep liquidity as the asset appreciates according to Cryptographur.
![](https://captainaltcoin.com/wp-content/uploads/2023/09/image-549-567x1024.png)
Kaspa, having demonstrated the best performance over the last two years, is backed by a fervent community and has been launched with complete fairness. It is speculated that platforms like Binance are fully aware and are possibly waiting to list it strategically.
The buzz around $KAS is not merely due to hype; it is a reflection of its unparalleled nature. Since the entry of $ETH, not many projects have had the capability to transform an entire industry, but Kaspa is undoubtedly one of them. It is essential for potential investors and followers to conduct thorough research (DYOR) to understand the profound impact and revolutionary stride Kaspa is making in the crypto world.
In conclusion, Kaspa is not just another cryptocurrency; it is a revolutionary asset that is set to redefine the crypto industry’s standards and norms. Its projected growth, coupled with its solutions to longstanding issues, places it in a prime position in the crypto market, making it a focal point of discussions and a potential game-changer in the industry.
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