A YouTube analysis by Tactical Investing has shined the spotlight on Kaspa, a cryptocurrency that has seen its price surge massively over time. Presenter and cryptocurrency expert, tacticalinvest_ of the Tactical Investing YouTube channel has delivered a bullish forecast for Kaspa, arguing the coin could realistically reach prices between $1.36 and $4.06. This comes after a 91x growth in the last year.
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Doubling Down: The Case for $1.36
“I think #Kaspa can probably reach $1.36,” argues tacticalinvest_ in their post on the X platform. The presenter makes the case that by comparing the average market capitalization of the top 25 cryptocurrencies besides stalwarts Bitcoin and Ethereum, Kaspa could reach a market cap of $31 billion. This would translate to the $1.36 price forecast, representing a substantial 700% gain from current levels.
Additionally, tacticalinvest_ notes that Kaspa has already exceeded gains of 10,000% in a little over one year. If it continues this momentum, its future looks bright. “Kaspa has outperformed many top projects,” the expert asserts.
Four Dollars and Beyond?
Beyond the base case $1.36 forecast, @tacticalinvest_ contends Kaspa could move even higher. “Possibly reach $4.06,” the analyst suggests. This aligns with past crypto market cycles where prices have exceeded previous all-time highs by tripling during market frenzies.
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Show more +Consequently, if the past is precedent, Kaspa’s rise 20 times from today’s value is feasible under the right conditions. “In a FOMO bull market scenario, [it] could potentially exceed its all-time highs,” tacticalinvest_ argues. The presenter cautions viewers to remain realistic but acknowledges spectacular gains have occurred before.
As the crypto markets prepare to enter the next cycle in 2024-2025, Kaspa stands out as an intriguing option. With high upside potential according to experts like tacticalinvest_, it is undoubtedly one to watch. While past performance does not guarantee future returns, Kaspa has already demonstrated the ability to produce life-changing gains.
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