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Nick, a cryptocurrency enthusiast, poses a question regarding the delay in listing the Kaspa (KAS) token on major tier-1 exchanges. Kaspa has developed a robust technology and a dedicated community, leading some to believe it has the potential to be listed on prominent exchanges like Binance and Coinbase.
The crypto commentator highlights that these exchanges are fully aware of the financial dynamics involved. For example, acquiring 100 million KAS tokens at a price of $0.10 would require a $10 million investment. If the price were to rise to $1, the profit would skyrocket to $90 million.
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If the price climbs to $5, the profit would increase to $490 million, and at $10, the gains would approach nearly $1 billion.
According to Nick, this delay is not due to incompetence but rather a deliberate strategy. The exchanges are likely accumulating KAS tokens before the market experiences a significant price surge, positioning themselves for substantial profits once the token is officially listed.
This viewpoint suggests that these exchanges are playing the long game, waiting for the optimal moment to maximize their returns on KAS investments.
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