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<p>Popular cryptocurrency analyst and YouTuber Crypto Jon released his latest <a href="https://www.youtube.com/watch?v=reQdXGwUb2c" target="_blank" rel="noreferrer noopener nofollow">video</a>, making an ambitious yet plausible case for Kaspa, a rapidly rising blockchain platform, reaching $1 by 2024.</p> 
<h2 class="wp-block-heading" id="strong-consolidating-near-all-time-highs-strong"><strong>Consolidating Near All-Time Highs</strong></h2> 
<p>Crypto Jon points out that Kaspa (KAS) is strongly holding its value around the $0.13 level despite the recent crypto market turbulence. He observes the altcoin consolidating neatly near its all-time highs, with robust trading volumes indicating strong buyer interest at current levels.</p> 
<p>In fact, Kaspa currently ranks among the top 50 cryptos by market capitalization at $3 billion – representing a 4,000% surge over the past year. Crypto Jon expects the technical backdrop to spur a “bigger rip” in the coming months versus a major correction that many traders anticipate.</p> 
<h2 class="wp-block-heading" id="strong-1-aligns-with-previous-cycles-strong"><strong>$1 Aligns With Previous Cycles</strong></h2> 
<p>While a explosion to $1 in under two years seems farfetched for most assets, Crypto Jon believes it fits logically within typical Bitcoin market cycles.</p> 
<p>Historically, Bitcoin kicks off its frenzied bull run phase around Q3/Q4 about 6 months after its quadrennial halving event. With the next halving estimated around April, KAS hitting $1 aligns timing-wise with when altcoins tend to peak in past cycles.</p> 
<p>Crypto Jon points to consistent development milestones from the Kaspa project to boost utility and real-world usage as key to helping realize this ambitious target. Furthermore, still awaiting tier-1 exchange listings offer additional catalysts to stimulate investor interest moving forward.</p>  
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<h2 class="wp-block-heading" id="strong-taking-profits-at-1-strong"><strong>Taking Profits At $1</strong></h2> 
<p>From a portfolio strategy viewpoint, Crypto Jon plans to withdraw his initial capital invested should KAS hit $1. This allows him to eliminate downside risk and “play with house money” while leaving profits to continue running.</p> 
<p>By cashing out the principal early on, traders can protect themselves from sudden reversals while aiming to capture the exponential upside in speculative rallies like Kaspa’s.</p> 
<p>Overall, Crypto Jon makes a bull case for the rapidly rising blockchain platform by sometime in 2024 – representing a notable rise from current prices. For willing risk-takers, he sees the opportunity in outsized returns outweighing the likelihood of downside volatility in the coming years for KAS.</p> 
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<p>The post <a href="https://captainaltcoin.com/when-will-kaspa-kas-hit-1/">When Will Kaspa (KAS) Hit $1?</a> appeared first on <a href="https://captainaltcoin.com">CaptainAltcoin</a>.</p>

When Will Kaspa (KAS) Hit $1?

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