Kaspa

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<p>A crypto analyst and online personality has drawn parallels between Kaspa (KAS) and Bitcoin, suggesting the lesser-known blockchain project could reach triple-digit valuations within the next ten years.</p>
<p>In a post on the microblogging platform X,<a href="https://twitter.com/MikoGenno/status/1773809206551773433" target="_blank" rel="noopener noreferrer nofollow"> analyst “Plan𐤊”</a> with the handle @MikoGenno highlighted Kaspa’s strong fundamentals, noting its ultra-scalable nature while adhering to proof-of-work consensus, akin to Bitcoin’s mining process. This, the analyst argues, allows Kaspa to solve the blockchain “trilemma” – an ability to achieve decentralization, security, and scalability simultaneously.</p>
<p>“Kaspa has by far the best fundamentals,” @MikoGenno wrote. “It is ultra scalable while adhering to the laws of nature and physics (PoW) and solves the trilemma.”</p>
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<p>The crux of the analyst’s bullish outlook, however, lies in the apparent similarity between Kaspa’s price movements and those of Bitcoin early in its lifecycle. @MikoGenno points out that, like Bitcoin, Kaspa’s price appears to be following a “power law” trajectory – a curve that shows a relationship between two variables.</p>
<p>“Is it a coincidence that $KAS is the only asset, bar #Bitcoin, that appears to follow a power law, predicting a price of $100 in 2032?” the analyst mused.</p>
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<p>For the uninitiated, a power law is a functional relationship where one variable’s value grows proportionally to another variable raised to a fixed power. In simpler terms, it suggests that Kaspa’s price could continue growing at a predictable, exponential rate if past patterns hold true.</p>
<p>While the $100 price target for 2032 may seem ambitious for the relatively obscure Kaspa, which trades at just over $0.13 at the time of writing, the analyst’s observations have piqued interest in the crypto community. Many are now watching to see if the self-proclaimed “sustainable” blockchain can indeed follow in Bitcoin’s footsteps and etch its name in crypto legend.</p>
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<p>The post <a href="https://captainaltcoin.com/a-similarity-between-kaspa-kas-and-bitcoin-suggests-kas-could-reach-100-at-this-time/" rel="noopener noreferrer nofollow">A Similarity Between Kaspa (KAS) and Bitcoin Suggests KAS Could Reach $100 at This Time</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

A Similarity Between Kaspa (KAS) and Bitcoin Suggests KAS Could Reach $100 at This Time

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