Kaspa Deemed for Top 2 Cryptocurrency as KAS Price Remains Heavily Undervalued – Analysts

Some cryptocurrency analysts have recently touted the long-term potential of Kaspa (KAS), arguing that it could eventually become a top-tier blockchain network. Two vocal proponents explaining Kaspa’s upside potential are Marcus (@KASPAgraphy) and Simo (@simogattok).

Hardware Advances

Marcus points to the upcoming Bitmain Antminer KS5 Pro miner as a potential catalyst that could establish Kaspa as “the absolute PoW market leader.” He believes dedicated Kaspa mining hardware will make Bitcoin mining “completely unprofitable” by comparison.

Obsoleting Blockchains

Furthermore, Marcus argues that fiat currencies are doomed and “PoW secured money will be the standard.” He sees Kaspa’s parallelized block mining architecture absorbing Bitcoin’s miners while also making traditional blockchains obsolete.

In this way, the cutting-edge engineering of the Bitmain Antminer KS5 Pro could prove to be a catalyst that cements Kaspa as a dominant proof-of-work blockchain network. The efficiency leap in KAS mining hardware unlocks growth potential for the Kaspa ecosystem.

Marcus succinctly predicts these mining advances will directly lead to Kaspa becoming a top-ranked cryptoasset, stating “#Kaspa in the top 2 is programmed and only a matter of time.” He sees the dedicated KS5 Pro miner initiating Kaspa’s rise to surpass nearly all other cryptocurrency networks and achieve a multi-billion dollar market capitalization matching the highest-valued blockchain projects besides Bitcoin itself.

So in Marcus’s view, the transformative mining power boost of this next-generation Kaspa mining hardware makes reaching the upper echelon of crypto valuation simply an eventuality for the rapidly developing Kaspa network. The KS5 Pro sets the stage for an ascent to a top 2 position.

Explosion in Meme Coin Market; How to find potential successors to $WIF, $PEPE, and $BONK?🤫

The key? Getting in early, especially during the ICO phase. Check out NuggetRush today! This new memecoin combines play-to-earn gaming with authentic gold mining ventures. Seize the opportunity with ongoing presale prices! Plus, prepare for $NUGX’s upcoming launch on major exchanges.

Show more +

Valuation Model

Simo also comments on Kaspa, providing a valuation model to demonstrate why it could be worth $34 billion eventually. By comparing the total value of current Bitcoin miners to potential Kaspa miners, he shows Kaspa’s current market cap is heavily discounted relative to Bitcoin’s.

Despite very optimistic takes from Marcus and Simo, Kaspa remains a largely unknown cryptocurrency in the broader digital asset industry at the moment. Whether their lofty predictions materialize remains to be seen, but they present intriguing cases for Kaspa’s disruptive potential.

You may also be interested in:

Check NuggetRush ($NUGX)

Sponsored: Invest Responsibly, Do Your Own Research.
Being in its ICO stage, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
A unique play-to-earn gaming platform in the memecoin market
The platform combines artisanal and gold mining with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
Fosters a strong community by encouraging physical meetups among members
NFT Integration with Prominent Characters
intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.


Philipp Traugott
Philipp Traugott

Phil Traugott is a staff writer at CaptainAltcoin. As a trained marketing specialist for copywriting and creative campaigns, he has been advising top companies on the following topics: online marketing, SEO and software branding for more than 10 years. The topic of crypto currencies is becoming increasingly important for companies and investors and he found it very alluring and fitting for his skillset which prompted him to pivot his career towards blockchain and cryptocurrencies.