According to a recent post by X user @MikoGenno with the handle Plan𐤊, there is speculation around whether the cryptocurrency Kaspa (KAS) could one day flip Bitcoin (BTC) in terms of market capitalization.
@MikoGenno references the Power Laws governing the growth of both Bitcoin and Kaspa. Based on these models, he states that the smallest difference between the two cryptocurrencies’ market caps will occur in the year 2057. However, due to Bitcoin’s higher N value in the Power Law equation, Kaspa is not predicted to actually flip Bitcoin at that time.
The projections indicate the following market caps in 2057:
- Kaspa (KAS): $17,566
- Bitcoin (BTC): $41,027,288
So while Kaspa is expected to continue growing over the next few decades, the Power Law analysis does not foresee it surpassing Bitcoin in terms of overall valuation.
Innovation as a Wild Card
Another X user, @CryptoDamos, argues that while the market cap projections don’t favor a Kaspa flippening right now, there are wildcards at play. He points out that if Kaspa became a widely adopted global digital currency and replaced fiat currencies like the US dollar, its market cap could eclipse that of Bitcoin as a store of value.
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Show more +Echoing this sentiment, @AlexR50000 states that Kaspa’s technical innovation gives it a better chance of being rapidly adopted than Bitcoin. In his words, “KAS is extremely innovative, which has the potential to increase the adoption rate.” Meanwhile, he sees Bitcoin as “anti-innovation”, since it is essentially locked into its current protocol without any major changes on the horizon.
So in the end, even though market cap projections don’t foresee Kaspa overtaking Bitcoin, its prospects for mass adoption due to superior technology could make that possibility higher than the numbers indicate at first glance. Innovation remains the wild card that could potentially drive a future flippening.
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