Kaspa (KAS) price projection in the crypto market has been noticeable, with YouTube analyst Captain Galaxy (CG) delivering a bullish analysis and predictions. CG emphasizes Kaspa’s potential, marking it as a must-have in crypto portfolios. He provides specific predictions for its price in 2024 and 2025, urging immediate investment.
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Kaspa Price Analysis and Market Standing
Kaspa has proven to be a top performer. Among the top 100 cryptocurrencies by market cap, it ranks as the 8th best-performing crypto over the past year. It has increased in value by 5 times within this period.
CG shares his success with Kaspa, revealing he has achieved a 30x return after purchasing it at an 80 million market cap, which was equivalent to half a cent per coin.
Furthermore, CG strongly advises buying Kaspa now at 15 cents. He emphasizes immediate action over waiting for a price dip. He suggests that Kaspa should constitute at least 60% of a crypto portfolio. CG cites its potential for substantial growth and safety compared to other cryptocurrencies.
Kaspa is unique due to its layer one proof-of-work structure, distinct from token-based cryptocurrencies. This structure makes it a secure and decentralized option with no pre-allocations to insiders.
The introduction of upcoming smart contracts is expected to boost Kaspa’s volume and listings on major exchanges such as Coinbase, Binance, and Robin Hood.
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Kaspa Price Prediction
The analyst forecasts that Kaspa could reach an 85 billion market cap in 2024, translating to a price of approximately $3.5 per coin. By 2025, he predicts Kaspa will hit a 500 billion market cap, equating to around $20 per coin.
Moreover, CG stresses the importance of storing Kaspa on the top hardware wallets like Tangem and OneKey to ensure security. He warns against keeping Kaspa on centralized exchanges or hot wallets to prevent potential loss of funds.
CG maintains a bullish stance on Kaspa, calling it “probably the safest crypto after Bitcoin.” Besides, he encourages viewers to invest immediately and secure their holdings through hardware wallets.
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