Kaspa’s Potential Listing on Binance: Will It Climb to ?

The crypto community is buzzing with anticipation as Coinvo, a well-regarded X page with a robust following of over 320,000, recently posted a poll questioning the potential impact of Kaspa (KAS) listing on Binance. Could this listing catapult Kaspa’s price to the coveted mark?

The Community Weighs In

Engagement with the post was significant, amassing over 55,000 views. The sentiment was largely optimistic, with many in the Kaspa community voicing their belief that a listing on Binance could indeed see the cryptocurrency reach or even exceed . Here’s a summary of the feedback:

  • The general consensus among X users was affirmative, expecting a price spike post-listing.
  • Several users, including “@EatMyPi92”, suggested that the price might not jump immediately to but would eventually surpass this milestone due to market dynamics and Binance’s influence.

Cautious Optimism and Contrarian Views

While optimism was high, skepticism persisted. User “@NextinLine” highlighted the potential for a price dump following a Binance listing, referencing similar trends with other tokens. However, they also acknowledged the possibility of being wrong:

### KAS Price Soars: Binance Listing Buzz Echoes in Kaspa Community

Analysts’ Perspectives

An analyst from the YouTube channel s c a p e provided an in-depth analysis regarding Kaspa’s potential to hit :

BTC Comparisons

Historical data was used to draw comparisons with Bitcoin’s growth trajectory when it was at a similar market cap stage. The analyst noted:

  • Kaspa’s current market cap approximates Bitcoin’s when it was trading at around [xai model=”grok-beta” prompt=” Take Original

    Coinvo, a popular crypto page on X with more than 320 thousand followers, made a post to gauge what the Kaspa community thinks about KAS price potentially listing on Binance and whether the price could spike to $1 if this happens.

    The tweet garnered massive engagement with more than 55,000 views. Many users expressed their views about this possibility, with most comments agreeing that Kaspa could reach $1 if such a listing occurs. Many users even believe that regardless of a Binance listing, Kaspa’s price can reach $1 during this market cycle.

    Some community members are even more optimistic, suggesting the price could go far beyond $1. User “Eat My Pi” expressed that over time, Kaspa would reach $1 and beyond, adding that Binance might even manipulate the price action upward in Kaspa’s favor since they’ve been waiting for this listing for a long time. However, the user cautioned that it wouldn’t reach a dollar immediately upon being listed on Binance, contrary to what some might expect.

    However, not all users share this optimism. Some think that a Binance listing won’t make any significant change for the token. A user named “I’m next on the line” expects a potential dump similar to other tokens recently listed on the exchange, though they acknowledged they could be wrong.

    ### KAS Price Soars: Binance Listing Buzz Echoes in Kaspa Community

    Another user, 𝑯𝒂𝒏 π‘Άπ’Žπ’†π’Šπ’„π’‰, emphasized that market conditions would play a crucial role. According to this user, if the market maintains a bullish sentiment, Kaspa could easily reach the $1 mark.

    Analyst Analysis: Is $1 Coming in 2025?

    An analyst from the YouTube channel s c a p e shared comprehensive insights about Kaspa potentially reaching $1 in 2025. The analyst began by highlighting the positive price action for Kaspa, noting that Bitcoin continues its macro uptrend in the current bull cycle.

    According to the analyst, Kaspa’s performance relative to Bitcoin looks primed for an explosion, potentially doubling in price in the coming weeks.

    New Buy Button on CoinMarketCap & Binance Speculation

    The analyst pointed out an interesting development on CoinMarketCap, where a buy button has appeared on Kaspa’s page that wasn’t previously there. While some users suggested this button is standard for tokens with spot and futures listings on Binance, the analyst noted that Kaspa has been listed on Binance futures for over a year, yet the buy button was only recently added, hinting at possible developments.

    According to the analyst, Coinbase has been consistently teasing a Kaspa listing week after week. The analyst also mentioned large channels with around 1 million followers that are associated with Binance. While not directly affiliated with the exchange, the analyst theorized that Binance might be paying these substantial channels to promote Kaspa, potentially building hype before an official exchange listing.

    Read also: Binance Exploiting Pi Network? Unprofessional Practices Put Exchange’s Credibility at Risk

    Kaspa Price Bottom & Market Cap

    The analyst described the current market situation as “absolute capitulation,” dismissing the possibility of Kaspa dropping to the $0.05 range. From multiple perspectives, the analyst noted that Kaspa is extremely oversold, a condition not seen since its earliest days.

    The analyst elaborated that Kaspa’s current value relative to Bitcoin is equivalent to when it was worth just $0.02, emphasizing that Kaspa hasn’t been this undervalued compared to Bitcoin since that price point. The analyst presented this as evidence of how significantly undervalued Kaspa currently is.

    With significant price potential for the upcoming altseason, particularly for Kaspa, the analyst suggested that taking short positions represents unnecessary risk. Instead, the analyst advocated for buying and holding as the preferable strategy.

    The analyst further explained that even for cryptocurrencies like XRP that have already experienced substantial runs, their performance relative to Bitcoin indicates significant room for further growth.

    The analyst believes the timing of major listings will be crucial for Kaspa, Nacho, and Kango. With Wintermute serving as a market maker, these projects are awaiting favorable Kaspa price action to establish their treasuries at fairer values before entering significant listing contracts. Combined with upcoming smart contract functionality for Kaspa, the analyst suggested these factors are positioning Kaspa for explosive price action.

    Historical Bitcoin Comparisons & Kaspa’s Potential Price Surge

    Drawing parallels to Bitcoin’s early days, the analyst noted that Kaspa currently has a market cap of approximately 1.8 to 1.9 billion dollars. When Bitcoin had a similar market cap about 12 years ago, it was trading at around $0.76-$0.80.

    The analyst recalled Bitcoin’s subsequent trajectory, where after reaching that market cap and experiencing a temporary decline, Bitcoin saw explosive growth that took it from $0.76 all the way to $1,242. This comparison was used to provide perspective on where Kaspa might go in its next bullish cycle.

    Read Also: Time To Buy Stellar Following XRP News? XLM Price Prediction

    The analyst calculated that Bitcoin experienced a 20x increase from that price point. Applying the same multiplier to Kaspa at $0.05 would yield a price of $1 to $1.20. Based on this comparison to Bitcoin, the analyst suggested that Kaspa’s next peak is likely to be around the one-dollar mark.

    However, the analyst considers the $1 prediction to be conservative, personally projecting that Kaspa could reach between $3 to $5, potentially up to $10, particularly during the next bull market pump.

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    The post Will a Binance Listing Spike KAS Price to $1? Kaspa Community Perspective appeared first on CaptainAltcoin.

    and make a new unique news article, [make sure to use headers and sub headers, use html tags as well it is a wordpress post]” max_tokens=”3500″ temperature=”1.0″ top_p=”1.0″ presence_penalty=”0″ frequency_penalty=”0″].80, suggesting room for significant growth.

  • If Kaspa mimics Bitcoin’s past bull runs, it could see its price multiply several times over.

Market and Event Watch

Additionally, developments like the mysterious addition of a “buy” button on Kaspa’s CoinMarketCap page, alongside rumors of a potential Coinbase listing:

  • These events are closely watched by investors for signs of an impending surge in price.
  • Coinbase continuously teasing the listing adds to the speculation.

Looking Ahead

The possibility of Kaspa reaching during this market cycle seems plausible based on community sentiment, market conditions, and speculative analysis. Here are key takeaways:

  • A Binance listing could significantly influence Kaspa’s market performance.
  • The community and analysts alike see considerable growth potential in Kaspa, especially if market conditions remain favorable.
  • However, caution prevails with some, highlighting the unpredictability of crypto market trends.

For those with an eye on Kaspa’s future prospects, the upcoming periods could prove to be pivotal, with market-wide sentiment and listing news potentially setting the stage for a significant price movement.

Stay updated by following CaptainAltcoin on X (Twitter), CoinMarketCap, and Binance Square. Join our FREE Telegram group for further insights.

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Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
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User-friendly platform and mobile app.

The post Will a Binance Listing Spike KAS Price to ? Kaspa Community’s Perspective appeared first on CaptainAltcoin.

Source: captainaltcoin.com