Kaspa Price Prediction: KAS Poised for Gains Reminiscent of Early Bitcoin and Ethereum Rallies
Crypto Galaxy, a YouTube channel with more than 50,000 followers, made a video on why they think Kaspa (KAS) investors will retire early.
The presenter expresses strong belief in Kaspa investors accumulating a lot of wealth in this bull run, with KAS potentially reaching a substantial price by 2025.
Kaspa is currently seen as undervalued and relatively cheap, making it a great opportunity for early investors.
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Recent Performance and Market Position
Kaspa has performed exceptionally well, rising by 62% in the last 90 days (at the time of the video), despite the broader cryptocurrency market being in a downturn.
The speaker highlights Kaspa as the “world’s greatest cryptocurrency,” standing out in a market full of failing or underperforming coins.
Investing in Kaspa now is likened to investing in Ethereum when it was priced at $20. The implication is that failing to invest in Kaspa at its current low price could be a missed opportunity.
He criticizes those who knew about Ethereum at $20 but did not invest heavily, implying a similar mistake would be not investing in Kaspa now.
Kaspa price recently hit an all-time high of 21 cents, likely due to a major Tier 1 exchange listing.
The anticipation of Kaspa’s upcoming smart contracts and KC-20s is expected to increase trading volume and expand its ecosystem, particularly in the realm of casino gambling cryptocurrencies.
The speaker criticizes many of the top cryptocurrencies (e.g., BNB, Solana, XRP, Cardano) as centralized and lacking real value.
Kaspa is praised for being a decentralized proof-of-work cryptocurrency with no pre-allocation to insiders, making it stand out in a market full of centralized alternatives.
Kaspa’s developers are suggested to have potential links to Satoshi Nakamoto, the creator of Bitcoin, and have been referenced by notable figures like Vitalik Buterin of Ethereum.
Kaspa Price Prediction
The speaker predicts that Kaspa will eventually become a top-five cryptocurrency. Early investors in Kaspa could see similar returns to those who bought Bitcoin at $40 or Ethereum at $10.
He advises gradually selling as Kaspa rises in rank, allowing investors to potentially live off their profits forever.
In the upcoming bull run, Kaspa is expected to perform similarly to Ethereum in its first bull run, potentially reaching a $6 price if it achieves a market cap similar to Ethereum’s early days.
Given the current market cap and the expected growth of the crypto market, Kaspa could potentially reach a price of $16.57 in the near term and even higher in the long term ($25, $50, or even $100 by 2030).
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