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Buying Kaspa now is like buying Bitcoin 9 years ago

Buying Kaspa now is like buying Bitcoin 9 years ago

Cryptodnes2024/06/18 23:10
By:Cryptodnes

A famous crypto analyst called Crypto Chrys is now making a big deal about Kaspa (KAS), which he says is as good as the early days of Bitcoin.

According to him, the purchase of Casp at this point it would be like buying Bitcoin in 2015 as there is great potential for expansion.

Chrys's latest video explores Kaspa's recent developments and the broader crypto market, while highlighting that its market cap currently stands at an impressive $3.7 billion. Currently priced at $15.59, it ranks 25th among all cryptocurrencies.

He says there have already been some positive changes for Kaspa, such as increased hashing power and an almost complete migration to the Rust programming language. These factors indicate high yield perception and an upward trend.

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Chrys's forecast for the future of Kaspa remains optimistic: he expects the coin to not fall below $14.5 with the possibility of reaching $40-$50 soon.

It should be noted that his comparison between Kaspa and the early days of Bitcoin sounds convincing enough to attract investors who are looking for bigger opportunities than they missed during BTC's rise. He also touches on Bitcoin's price dynamics, mentioning the institutional sell-off that has affected it recently.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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