Kaspa (KAS), a recently launched blockchain platform focused on scalability, security, and ease-of-use, has been outpacing the early growth of larger rivals Cardano (ADA) and Ethereum (ETH) by one key metric – historical price trajectory.
As cryptocurrency analyst Jim (@Cryptographur) assessed in a tweet, the price action of KAS token has shown extremely strong momentum. “What’s really interesting to me about the current price action on $KAS versus $ADA and $ETH from last cycle, is that by the time #ADA and #ETH were at this level in 2021, #BTC was already putting in its cycle peak.”
Kaspa’s Growth Defies Trends
By comparing Bitcoin’s position last cycle, it seems Kaspa is “actually AHEAD of schedule” relative to ADA and ETH benchmarks because Bitcoin has not yet reclaimed its last peak this cycle.
Jim further added that Cardano’s market cap history presents “an easier comparison” to Kaspa than Ethereum given similar token supplies. This leads to an eye-opening projection: “If KAS reaches the valuations ADA saw at its last cycle peak, KAS would be over $4.00.“
With KAS still trading at $0.13 as of the time of writing, hitting the $4 threshold would deliver returns exceeding 3,000% from today’s prices.
Kaspa Primed for Lift-Off
Jim concludes that based purely on historical comparisons and token supply data, Kaspa reaching $4 if it matches Cardano’s market cap feat is “fact.” Of course, no investments are guaranteed, especially in volatile crypto assets.
However, Kaspa does appear well-positioned for massive growth ahead if it continues exceeding records set by ADA and ETH in their infancy. With Bitcoin still building momentum before its next peak, as the benchmark cryptocurrency was when Cardano and Ethereum were at Kaspa’s current stage, the runway seems long for Kaspa’s ascension to new heights.
If Kaspa’s blistering early expansion persists, $4 could be reachable – and investors buying at under 10 cents per token may reap thousands of percent in sensational returns. For a blockchain built for the future focused on speed, security, and usability, Kaspa seems ready for liftoff.CopyRetry
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