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A crypto YouTube channel, Remit Trade, has shared an optimistic outlook on Kaspa (KAS), forecasting that the digital asset could create millionaires by 2025.
According to the analyst featured in the video, “millionaires are going to be made from this very move coming into Kaspa.” He suggests that the upcoming price movement for Kaspa will mark a significant milestone in the cryptocurrency’s journey, with a target price of $1 after establishing a strong level of support.
Kaspa Has Outperformed Many Other Layer-1 Networks
The analyst highlights that those who invested in Kaspa 2-3 years ago should already be seeing substantial returns. He emphasizes that compared to other layer one and layer two coins in the crypto space, Kaspa has significantly outperformed. The analyst noted, “if you invested in Kaspa 2-3 years ago, you should be in massive, massive money right now.”
Kaspa, currently ranked 22nd on CoinMarketCap, has achieved an 88,000% all-time increase. The analyst compares this performance to other prominent cryptocurrencies. For instance, Polygon (MATIC) has seen a 9,660% increase, Near Protocol (141%), Litecoin (1,444%), Chainlink (6,572%), and Polkadot (63%). Despite the success of these projects, Kaspa’s growth dwarfs them all.
Moreover, the analyst notes that even Bitcoin Cash is down 33.37% all-time, while Shiba Inu, despite its 1 million percent increase, is not considered a layer one or layer two blockchain, thus not a direct comparison to Kaspa. Other major projects like Avalanche (375%), Cardano (1,486%), and TRON (6,995%) also fall short when compared to Kaspa’s incredible growth.
The only two cryptocurrencies that have outpaced Kaspa are Ethereum, with a 93,000% all-time increase, and Binance Coin (BNB), with a 492,000% increase. However, the analyst emphasizes that Kaspa is still very low, currently trading below $1, which suggests significant room for growth.
Upcoming Listings Could Play a Major Role
The analyst believes the next wave of Kaspa listings on tier-one exchanges is crucial. He notes that Kaspa is already available on platforms like Bybit, Gate.io, and CoinEx, but is yet to be listed on Binance, OKX, Coinbase, and other major exchanges.
He argues that when these listings come into play, Kaspa could “explode all the way to the upside just like BNB did in the past.”
The analyst strongly advises investors to consider adding Kaspa to their portfolios now, emphasizing that the rejection seen on the current chart is significant.
He suggests that the market may experience a slight pullback before Kaspa’s final move to the upside. This comparison is deemed critical for Kaspa investors, as the analyst believes it could “make you rich in the heat of the bull”
Source: captainaltcoin.com