In his latest video, analyst Crypto Galaxy shares his bullish outlook on Kaspa (KAS). He also provided insights into the potential investment required to achieve millionaire status through KAS. The analyst discusses recent price movements, upcoming developments, and long-term predictions.
Current Market Performance and Future Catalysts
Kaspa has been showing impressive market performance as opposed to the overall market conditions. According to CMC data, KAS is trading at $0.1805 and is approaching its all time high.
Crypto Galaxy stated that it’s ranked as the 3rd best performer over the past month and the 6th best performer over the past year. This consistent strong performance has led Crypto Galaxy to classify Kaspa as a “safe blue-chip investment” with continuous growth potential.
The analyst highlights the imminent release of smart contracts on the Kaspa network as a major catalyst, expected by the end of summer.
This development will enable meme coin creation on Kaspa, likely driving increased demand and trading volume. Following this, Crypto Galaxy anticipates that major exchanges like Coinbase, Binance, and Robinhood will list Kaspa, further boosting its accessibility and popularity.
Investment Strategy and Price Predictions
Crypto Galaxy shares his personal investment strategy, revealing that he recently purchased an additional 50,000 KAS. He recommends Kaspa comprise 70% of crypto portfolios, with a range of 50–100% depending on individual risk tolerance.
His bull run price predictions for Kaspa are ambitious, ranging from $5 to $20, with a personal prediction of $10.
Looking even further ahead, the analyst envisions Kaspa potentially becoming a top-three cryptocurrency alongside Bitcoin and Ethereum.
He bases this prediction on Kaspa’s technological advantages, describing it as a “trilemma solver” in blockchain technology and noting its 100% fair launched proof-of-work mechanism.
⚠️Disclaimer
This content aims to enrich readers with information. Always conduct independent research and use discretionary funds before investing. All buying, selling, and crypto asset investment activities are the responsibility of the reader