Noted Kaspa analyst ARCHETYPE recently revealed his most bearish price prediction for the KAS token by the year 2025. In a tweet, ARCHETYPE stated that his worst case scenario would be for KAS to top out at $1 in 2025 after a “blowoff top.” While this would represent a 1,000% gain from current levels, ARCHETYPE believes there is potential for much more.
Bullish on Technology, Bearish on Price
Despite his bearish price outlook, ARCHETYPE remains incredibly bullish on Kaspa’s technology and potential. As he stated in the tweet: “Worse technologies than Kaspa in 2021: ADA reached $3.10 | 45B Max Supply ALGO reached $3.28 | 10B Max Supply HBAR reached $0.57 | 50B Max Supply XRP reached $1.83 | 100B Max Supply.
He went on to note that “Kaspa is a Layer 1 BlockDAG with 28.7B Max Supply, let that sink in.” This shows that while ARCHETYPE believes the price could disappoint in the short term, Kaspa’s impressive technology and reasonable supply should enable much higher prices long-term.
Ultimately, ARCHETYPE capped off his tweet by saying: “My actual price prediction is $3.00 – $5.00.” So while $1 is his worst case scenario, he believes $3-5 is achievable by 2025.
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