In a recent video by analyst On The Go Crypto, the all-time chart of Kaspa (KAS) is described as a “beautiful, glorious thing” and “the most beautiful thing in web3.”
The analyst emphasizes the importance of understanding Kaspa’s journey, regardless of when an investor entered the market. The chart consistently displays higher highs and higher lows, indicating a strong upward trend.
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Missed Opportunities in the Past, But Not This Time
On The Go Crypto acknowledges that many investors missed out on the early opportunities in cryptocurrencies like Bitcoin, Ethereum, and BNB. However, he firmly believes that Kaspa presents a chance for investors not to miss out this time around.
The analyst has been calling for a pump in Kaspa since May 14th, when the price was around 11 cents, despite others calling for lower targets.
One aspect of Kaspa that often goes unnoticed is its tokenomics and circulating supply. The analyst points out that Kaspa has a relatively scarce supply, with only 28 billion tokens, and approximately 83.43% of the supply already in circulation.
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Show more +He predicts that in 6 months, when the market heats up, the circulating supply will be closer to 90%. This scarcity, combined with upcoming developments such as KRC-20 integration, T1 listings, and the completion of the Rust migration, makes Kaspa an incredibly bullish prospect.
On The Go Crypto draws attention to Kaspa’s monthly chart, which showcases an increase in volume. This volume growth is attributed to the increasing attention Kaspa is receiving, rather than being tied to Bitcoin’s performance. In comparison, Bitcoin’s monthly chart appears flat and underwhelming, while Kaspa’s chart displays exciting action and potential.
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Predicting the Next Move: 20-Cent Support Level
The analyst predicts that Kaspa will settle between the 13-cent and 14-cent range before pushing towards a 20-cent support level.
On The Go Crypto believes that Kaspa reaching between two and six dollars during this bull run is extremely realistic. He emphasizes that this is not about comparing Kaspa to other projects or engaging in tribal discussions but rather about providing down-to-earth, real talk about the coin’s potential.
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