Ethereum

Kaspa

Millions

<p>The price of Kaspa’s native token KAS has seen significant gains recently, reaching a new all-time high of $0.16 according to CoinMarketCap. Despite the new highs, analysts remain extremely bullish on KAS and have set their sights on even higher price targets.</p>
<h2 class="wp-block-heading" id="kaspa-enthusiast-eyes-20-cents">KASPA Enthusiast Eyes 20 Cents</h2>
<p>According to <a href="https://twitter.com/KASPAEnthusiast/status/1758746863262392738?t=dbAyXn7yq00xizSjGkN1sQ&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">Kaspa enthusiast @KASPAEnthusiast</a>, KAS is up over 19% in the last 24 hours. With the chart still looking very bullish, they believe KAS could soon hit 20 cents.</p>
<p>This would represent a nearly 30% gain from the current all-time high. The enthusiasm is driven by strong fundamentals and increasing development activity on the Kaspa network.</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="706" height="1024" src="https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-706x1024.png" alt="" class="wp-image-439511" srcset="https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-706x1024.png 706w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-207x300.png 207w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-768x1114.png 768w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-1058x1536.png 1058w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-1411x2048.png 1411w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-103x150.png 103w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-100x145.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-241x350.png 241w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632-788x1143.png 788w, https://captainaltcoin.com/wp-content/uploads/2024/02/image-632.png 1290w" sizes="(max-width: 706px) 100vw, 706px">
</figure>
<h2 class="wp-block-heading" id="institutions-possibly-accumulating-kas">Institutions Possibly Accumulating KAS</h2>
<p>Other analysts like <a href="https://twitter.com/Vivek4469/status/1758681443503689906?t=BmVI3tMbVVH0GNie467zYg&amp;s=19" target="_blank" rel="noopener noreferrer nofollow">@Vivek4469</a> believe recent large volume spikes seen in KAS are indicative of institutional buying. One anonymous whale purchase of 22 million KAS in just one hour seems to support this thesis.</p>
<p>Institutional accumulation often signals long-term confidence in an asset. If true, it means KAS likely won’t see major retracements following this buying activity.</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" rel="noopener noreferrer nofollow">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" rel="noopener noreferrer nofollow"> 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>
<h2 class="wp-block-heading" id="0-35-target-as-volumes-explode">$0.35 Target As Volumes Explode</h2>
<p>With this assumed institutional demand, some like @Vivek4469 now eye an impending target of $0.35 for KAS. This would constitute a 110% gain from current levels.</p>
<p>When KAS reached its previous all-time high, daily trading volumes were around $280 million. With current volumes sitting at only $110 million in the latest breakout, there remains substantial room for growth as interest and activity pick up.</p>
<p>The confluence of technical and on-chain signals point to further upside for KAS price action despite the recent parabolic move. Analysts and investors alike are bracing for a continued bull run towards $0.20 and $0.35 in the near-term.</p>
<p>You may also be interested in:</p>
<ul>
 <li><a href="https://captainaltcoin.com/bitcoin-bound-for-150k-these-key-btc-on-chain-metrics-point-to-potential-breakout/" target="_blank" rel="noopener noreferrer nofollow">Bitcoin Bound for $150K? These Key BTC On-Chain Metrics Point to Potential&nbsp; Breakout</a></li>
 <li><a href="https://captainaltcoin.com/how-one-trader-made-150000-with-just-198-ethereum-in-18-hours/" target="_blank" rel="noopener noreferrer nofollow">How One Trader Made $150,000 with Just $198 Ethereum in 18 Hours</a></li>
 <li><a href="https://captainaltcoin.com/avalanche-and-chainlink-climb-impressively-while-investors-anticipate-huge-returns-on-rebel-satoshis-dex-launch/%5C" target="_blank" rel="noopener noreferrer nofollow">Avalanche and Chainlink Climb Impressively While Investors Anticipate Huge Returns on Rebel Satoshi’s DEX Launch</a></li>
</ul>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/Copy-of-P2P-Review-17-qi3pqhl3pi3mlojv8nq0upz5rcb68rblc7kuvhcaou.png" width="500" alt="Check NuggetRush ($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-noopener-noreferrer-nofollow-span-check-nuggetrush-nugx-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <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="noopener noreferrer nofollow"> 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/kaspas-kas-reaches-new-all-time-high-remains-highly-bullish-analysts-set-their-sights-on-new-targets/" rel="noopener noreferrer nofollow">Kaspa’s KAS Reaches New All-Time High, Remains Highly Bullish: Analysts Set Sights on These New Targets</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Kaspa’s KAS Reaches New All-Time High, Remains Highly Bullish: Analysts Set Sights on These New Targets

Table of Contents

CaptainAltcoin

Other articles published on Feb 17, 2024

Justin Sun Unveils Tron DAO’s Roadmap for Bitcoin Layer-2 Solution

Mercure DAO Raises $1.5M to Lead the Revolution in Web3 Incubation

Mountain Bridge: Revolutionizing Crypto Trading with Global Connectivity and Real-Time Intelligen...

OpenAI and Microsoft Vow to Strengthen AI Security

DAOs Have an Early-Adopter Problem—But It Can Be Solved

Ethereum Eyes $3,000 Mark: Investors on High Alert!

Join our free newsletter for daily crypto updates!