2023-12-1 12:30 |
In a detailed Twitter thread, crypto analyst @BraverCrypto laid out a compelling case for why innovative blockchain project Kaspa (KAS) could realistically reach $5 per token in the next bull cycle. He bases this price target on simple mathematical projections tied to reasonable assumptions about the future growth of the overall cryptocurrency market.
The Revolutionary Potential of Kaspa
As @BraverCrypto explains, Kaspa possesses game-changing technology developed by one of the most impressive teams in crypto, paired with a rapidly growing community. This fair launched project has already achieved a $3.37 billion market cap in the bear market, demonstrating its immense potential.
Projecting the Next Bull Cycle
Crypto’s next bull run will likely push the total market cap to $5-10 trillion. With Kaspa projected to have 24 billion coins circulating by 2025, a $120 billion market cap would translate to $5 per KAS. But what evidence suggests Kaspa could plausibly reach $120 billion?
The Cardano Example
@BraverCrypto points to Cardano (ADA) as an example. With basically no finished product yet developed, ADA managed a nearly $100 billion market cap largely on hype and promises of future capabilities. Yet Kaspa has already achieved 1 Block Per Second speeds on its mainnet, with goals to eventually reach 100 BPS. Its pathbreaking innovations solve major issues like scalability and decentralization better than any other project. So if ADA achieved $96 billion on hype alone, $120 billion seems reasonable for Kaspa given its actual technological achievements so far.
Bringing Crypto to the Masses
And as a fair-launched, decentralized global payment network aligned with Satoshi Nakamoto’s original Bitcoin vision, Kaspa also stands out with rapid merchant adoption worldwide. With future smart contracts planned, developers will flock to build the most advanced decentralized apps on Kaspa’s network.
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In @BraverCrypto’s words: “There is no ‘next Kaspa’ — Kaspa is here right in front of you and if you miss it then you miss it.” For those joining the journey now, mathematical projections put $5 per KAS firmly within reach.
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The post This Simple Math Explains Why Kaspa (KAS) Will Reach $5 Soon appeared first on CaptainAltcoin.
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