In one of Crypto Chrys’s videos, the analyst explained why Kaspa’s spike to $3 is still bearish. He supported this view with what he regarded as facts, not just numbers.
Chrys expressed his dedication to discussing Kaspa, stating that the coin is a worthy alternative to Bitcoin.
Comparing Kaspa with Cardano and Bitcoin
Chrys compared Kaspa to Cardano, noting that Cardano had a strong community in 2020-2021 but weaker fundamentals. He contrasted this with Kaspa’s stronger community and better fundamentals.
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Kaspa is described as having similar fundamentals to Bitcoin, but even better. It’s a proof-of-work project with no pre-mined coins and no venture capital backing, making it a fairer system.
Given these factors, the crypto analyst predicts that the Kaspa community will grow stronger as the bull run continues, especially in 2025.
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Kaspa Price Prediction
The speaker predicts that the upcoming bull run will be three to five times bigger than the previous one due to institutional involvement.
He performed a quick calculation, predicting an $80 billion market cap for Kaspa in 2025, which would place it at $3 per coin.
The analyst believes $80 billion is not unrealistic for Kaspa, given its offerings. With more retail investors and institutions turning to Kaspa, he expects to see major growth.
If the $80 billion market cap is divided by Kaspa’s total supply of around 26 billion, we get a figure of approximately $3 per coin.
The speaker insists that Kaspa is far better than Cardano and is the next best cryptocurrency after Bitcoin.
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The post Kaspa (KAS) Price Reaching $3 Is Still a Bearish Prediction: Here’s Why appeared first on CaptainAltcoin.