Kaspa

Millions

Show

Bonk

<p>In a recent video titled “Kaspa Should Hit $1 Soon!” by the YouTube channel “Crypto T”, the host makes a bullish prediction about the price outlook for Kaspa (KAS). He points to several factors that could drive KAS to reach $1 in the near future.</p> 
<p><strong>Current State of Kaspa </strong><br>According to the host, KAS was trading around $0.1114 at the time, with a market cap just under $2.5 billion and $17 million in 24-hour trading volume. While volume is still relatively low, he notes that the chart looks bullish with strong support.</p> 
<p>The host discloses that KAS is his largest cryptocurrency holding, underscoring his confidence in Kaspa. He argues that it is fundamentally undervalued and belongs in the top 5-10 cryptocurrencies based on its technology and potential.</p> 
<p><strong>Comparing Market Value </strong><br>To support his $1 target, the host compares Kaspa’s market cap to Cardano and Solana. He claims that $1 would still represent a fair valuation, which could happen quickly with Tier 1 exchange listings on the horizon.</p> 
<p>While uncertain about Bitcoin’s trajectory, the host says altcoins saw a recent spike in total market cap and does not expect major selling pressure ahead. This could give KAS room to rally under the right conditions.</p>  
<div class="wp-block-rehub-colortitlebox rh-colortitlebox" style="text-align:left;border-radius:5px;box-shadow:0 10px 10px #00000007;background-color:#fafafa;color:">
 <div class="rh-colortitle-inbox" style="background-color:var(--rehub-main-color);color:#fbfbfb;border-radius:5px 5px 0 0">
  <i class="rhicon rhi-bolt-regular rh-colortitlebox-icon" style="color:"></i>
  <div class="rh-colortitle-inbox-label">
   Transform Hundreds Into Millions With the Magic of Memecoins – think $BONK, but bigger!
   <img src="https://s.w.org/images/core/emoji/14.0.0/72x72/1f92b.png" alt="🤫" class="wp-smiley" style="height: 1em; max-height: 1em;">
  </div>
 </div>
 <div class="rh-colortitlebox-text">
  <style scoped>.rh-toggler-open{height:auto !important}
.rh-toggler-open .rh-tgl-show, .rh-toggler-open .rh-tgl-grad{display:none !important}
.rh-toggler-open .rh-tgl-hide{display:block !important}
.rh-tgl-show, .rh-tgl-hide{cursor:pointer}
.rh-contenttoggler *{box-sizing: border-box !important}
.rh-toggler-wrapper{overflow: hidden;transition: all 0.5s ease; padding-bottom: 35px; margin-bottom:30px;box-sizing: content-box !important;position: relative;}
.rh-toggler-wrapper p:last-of-type {margin-bottom: 0;}</style> 
  <div class="wp-block-rehub-contenttoggler rh-contenttoggler" data-height="100px">
   <div class="rh-toggler-wrapper" style="height:100px"> 
    <p>The key? Getting in early, especially during the IDO phase. <strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank">Get in on NuggetRush</a></strong> now! This innovative memecoin blends play-to-earn gaming with real-world gold mining. Join soon to take advantage of the<strong><a href="https://captainaltcoin.com/go/ll_inside/" target="_blank"> current ICO prices</a></strong>!</p> <span class="rh-tgl-trigger" style="text-align:center;position:absolute;z-index:2;bottom:0;left:0;width:100%;color:"><span class="rh-tgl-show" style="display:block">Show more +</span><span class="rh-tgl-hide" style="display:none">Show less –</span></span><span class="rh-tgl-grad" style="background-image:linear-gradient(to bottom,rgba(255,255,255,0) 0,#ffffff 100%);display:block;position:absolute;height:100px;bottom:0;left:0;z-index:1;width:100%"></span>
   </div>
  </div> 
 </div>
</div> 
<p><strong>Tracing the Technical Picture </strong><br>Currently, KAS shows a symmetrical triangle pattern, leading the host to expect a definitive breakout soon to either the upside or downside. He believes positive news like exchange listings could be a catalyst for a bull run.</p> 
<p>Despite short-term uncertainty, the host remains confident that KAS can reach at least $1 within the next year, if not set new all-time highs beyond that benchmark. He seems adamant that long-term holders will be rewarded.</p> 
<figure class="wp-block-embed is-type-rich is-provider-embed-handler wp-block-embed-embed-handler wp-embed-aspect-4-3 wp-has-aspect-ratio">
 <div class="wp-block-embed__wrapper"> <iframe loading="lazy" title="Kaspa Should Hit $1 Soon!" width="840" height="630" src="https://www.youtube.com/embed/Bmy5abL3WXQ?feature=oembed" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture; web-share" allowfullscreen></iframe> 
 </div>
</figure> 
<p>Reviewing On-Chain Metrics <br>According to the analysis, Kaspa’s hash rate sits around 146 PH/s and is climbing – a positive sign. There are also now 350,000 addresses holding more than one KAS, showing gradual adoption.</p> 
<p>By examining the top 10 KAS addresses, the host notes shifting positions and accumulating activity by major holders. This suggests smart money interest in acquiring more Kaspa.</p> 
<p>In conclusion, the host firmly believes patience and strong conviction will pay off hugely for Kaspa investors in 2024 and beyond. The road to $1 and higher seems well within reach given bullish fundamentals and technicals.</p> 
<p>You may also be interested in:</p> 
<ul> 
 <li><a href="https://captainaltcoin.com/rollbit-rlb-finally-shows-signs-of-life-with-20-price-increase/" target="_blank">Rollbit (RLB) Finally Shows Signs of Life With 20% Price Increase</a></li> 
 <li><a href="https://captainaltcoin.com/why-is-nem-xem-surging-price-to-spike-200-if-this-resistance-breaks/" target="_blank">Why Is NEM (XEM) Surging? Price to Spike +200% if This Resistance Breaks</a></li> 
 <li><a href="https://captainaltcoin.com/bonk-plunges-70-showcasing-memecoin-risks-rising-prominence-of-kaspa-kas-and-inqubeta-in-crypto-market/" target="_blank">Bonk Plunges 70%, Showcasing Memecoin Risks; Rising Prominence of Kaspa (KAS) and InQubeta in Crypto Market</a></li> 
</ul> 
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style=""> 
 <div class="col_wrap_two mb0"> 
  <div class="offerbox_big_wrap flowhidden"> 
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($NUGX)" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a> 
   </div> 
   <div class="product-summary col_item mobileblockdisplay"> 
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-nofollow-sponsored-span-check-nuggetrush-nugx-span-a"> <a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> <span>Check NuggetRush ($NUGX)</span> </a> </h3> 
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div> 
    <div class="buttons_col mb25 rh_big_btn_inline"> 
     <div class="priced_block clearfix"> 
      <div> <a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="nofollow sponsored"> Buy NUGX Today </a> 
      </div> 
     </div> 
    </div> 
    <div class="bigofferdesc">
     <i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Being in its <strong>ICO stage</strong>, NuggetRush offers a prime opportunity for early investors to get in at potentially lower prices
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>A unique <strong>play-to-earn</strong> gaming platform in the memecoin market
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>The platform combines artisanal and <strong>gold mining</strong> with cryptocurrencies in an unusual gaming context, offering a distinctive and immersive experience
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Fosters a strong <strong>community </strong>by encouraging physical meetups among members
     <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i><strong>NFT</strong> Integration with Prominent Characters
    </div> 
   </div> 
  </div> 
 </div> 
</div> 
<p>The post <a href="https://captainaltcoin.com/kaspa-kas-price-expected-to-reach-1-soon-and-heres-why/">Kaspa (KAS) Price Expected to Reach $1 Soon, and Here’s Why</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

Kaspa (KAS) Price Expected to Reach $1 Soon, and Here’s Why

Table of Contents

CaptainAltcoin

Other articles published on Jan 21, 2024

Stablecoin Transfer Volume on Solana Skyrockets to $300B

BlackRock’s IBIT Becomes First Spot Bitcoin ETF To Reach $1B AUM

U.S. Struggles to Rein in Chinese Tech Advancements Amid Escalating Export Controls

5 Small Cap Coins With 10x-100x Upside Potential

Bing’s Integration of ChatGPT: A Move Towards Innovation, Not Domination

Kelexo (KLXO) Blasts Into The Presale Market As Early Investors In Ethereum (ETH) & Tron (TRX) Bu...

Join our free newsletter for daily crypto updates!