2024-5-8 22:30 |
Could a Binance listing be imminent for the cryptocurrency Kaspa (KAS)? According to one prominent crypto analyst, it’s “inevtable” and only “a matter of days” before the major exchange lists KAS for spot trading.
Dan lays out multiple reasons why a Binance listing looks imminent for Kaspa. First, he notes that KAS is currently the only cryptocurrency ranked in the top 100 by market cap on CoinMarketCap that is not yet listed on Binance for spot trading, despite the exchange having already listed KAS futures contracts. Additionally, Dan points out that Kaspa is explicitly mentioned first in Binance’s list of the top 10 projects still awaiting a listing.
The prospect of a Binance listing for KAS has analysts extremely bullish on the cryptocurrency’s price potential. An analyst named Huseyin (@HuseyinSivridag) outlined three key reasons why he believes Kaspa “could easily be $10” in a popular tweet thread.
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Show more +Show less –First, Huseyin argues that KAS is actually “safer and cheaper” than Ethereum, the second largest crypto by market cap. He also claims KAS is at minimum just as decentralized as Bitcoin while being more technologically advanced.
Finally, the analyst touts Kaspa as being “much faster and scalable than Solana” the #5 ranked crypto known for its speed. Huseyin concludes by calling KAS “the first #BlockDAG with features superior to #Blockchain.”
Read Also: Are Polygon (MATIC) And Avalanche (AVAX) Crypto Prices Poised For a Breakout Following Their Recent Slump?
With KAS currently trading around just $0.11, a price of $10 would represent nearly 100x upside from current levels. As anticipation builds for a potential Binance listing, Kaspa could be a cryptocurrency to keep a very close eye on in the weeks ahead.
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The post Kaspa Spot Listing on Binance ‘Inevitable,’ Only a ‘Matter of Days’ – Why KAS Will Easily Reach $10 appeared first on CaptainAltcoin.
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