QuickCrypto, a YouTube channel that shares updates about cryptocurrency, has made it known that Kaspa looks ready for a Tier-1 exchange listing.
This is based on the official confirmation of Kraken, listing the coin in its roadmap. The official Kaspa website also posted this, making it more legitimate.
The North Americans rejoice!Thanks, @krakenfx for cracking open the door for a peak at the incoming listing of $KAS!https://t.co/gNgZE8khcV#Kaspa #L1 #ProofofWork pic.twitter.com/Qcy0JnMa8B
— Kaspa (@KaspaCurrency) August 7, 2024
Getting Kaspa listed on Kraken will open doors to more retail traders, increase its liquidity, and potentially make its KAS price surge.
Although Kraken has listed Kaspa in its roadmap, there is no guarantee of listing. However, we can be sure that listing the token is already part of its plans. Kaspa futures already exist on Kraken, which suggests that preparations for spot listing may be coming soon.
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Kaspa is already preparing for upgrades like its KRC-20 and Rust MBPS, and it has been significantly involved with big entities like Binance and Marathon.
The Kraken listing may catalyze other exchanges like OKX and Coinbase to list the coin, which could have a positive impact on its price. Despite this positive news, Kaspa’s price is currently correcting, and the community has not shown much excitement as the exact date of the listing has not been set.
Kaspa Price Prediction
QuickCrypto is bullish on Kaspa and sees the price going up a lot in the next few months. The analyst thinks Kaspa will reach over $7 by the end of 2025.
Following Kaspa’s listing on Kraken, a positive price action is expected, followed by a correction as the initial excitement fades. The presenter also revealed that Binance, Coinbase, and OKX already have something to do with Kaspa and are already mining the coin.
Kaspa’s hash rate has increased significantly, which also shows increased mining activities. All these are expected to catalyze the coin’s price.
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The post Kaspa Hits Major Milestone as Tier-1 Crypto Exchange Announces Listing Plans: KAS Price Prediction appeared first on CaptainAltcoin.