Kaspa (KAS) Price Prediction 2024-2030: Will KAS Price Hit $1 Soon?

• KAS price could hit another 4x and trade at $0.72 in 2024.
• While the price might cross $2 in 2026, the value could drop to $1.67 in 2027/
• In 2030, the bullish price prediction for KAS is a rally to $9.52.

Kaspa stands out as a project that offers high throughput  and fast payments on the blockchain. For this speed and scalability, the price of its native cryptocurrency KAS has been on an incredible rise.

While the value has decreased at intervals, it is still at a much higher price compared to the launch value. Also, KAS has been attracting a lot oof attention in the market. Hence, Coin Edition dives deep into the Kaspa project to explain its fundamentals. In this article, you will also learn about the price predictions from 2024 to 2030.

Kaspa (KAS) Real Time Market Status

What is Kaspa?

Although it uses the Proof-of-Work (PoW) consensus, Kaspa is nothing like traditional blockchains. Instead, the project implements a protocol called GHOSTDAG to support high block rates while offering a high level of security.

Interestingly, this protocol integrates the Nakamoto consensus to help secure blocks in a way that is similar to Bitcoin (BTC). Therefore, it is not a surprise that Kaspa opted to use the PoW. With the high block rate, the project’s Mainnet can operate at 1 block per second.

However, the developers of Kaspa do not want to stop there as they are looking at extending the ability to 10 blocks or 100 blocks per second. If this is the case, the emission rate on the Kaspa network would improve.

In addition, KAS is the native cryptocurrency of the network which could help facilitate interaction with layer-2 projects on the network. Besides that, it also help with decentralized peer-to-peer transactions.

KAS Current Market Status

The price of KAS was $0.17 at press time. This was an impressive 16.91% increase in the last 24 hours. However, the price was not the only thing that jumped as the trading volume also made a big move.

According to CoinMarketCap, KAS’ trading volume hit $214.20 million, representing a whopping 200% increase within the same period. The market cap of the token was $4.10 billion while its maximum supply is 28.70 billion tokens.

However, not all tokens have been released into circulation. As of this writing, the total and maximum supply was 23.82 billion tokens. If you plan to buy KAS, you can visit platforms like LBank, Bybit, KuCoin, Gate.io, MEXC, and Bitget.

Kaspa (KAS) Price Analysis

Kaspa has been one of the breakout cryptos of this cycle. Within the last year, the price has increased an incredible 9x. However, holders of the token are confident that the value might continue to increase. 

Some even believe that the market cap will hit $10 billion before the end of 2024. Whether that is true or not, it is important to analyze the token from a technical perspective. Here is a detailed price analysis and predictions from 2024 to 2030.

Kaspa (KAS) Price Analysis – Bollinger Bands

According to the 4-hour KAS/USD chart, the Bollinger Bands (BB) had expanded, indicating that the toke had undergone significant price fluctuations in recent times. 

However, it is important to remember that the BB provides an overvie high and lows of prices. For KAS, the upper band of the BB tapped the price at $0.16. At some point, the price of the token broke past the band. 

This indicates that KAS was overbought. Therefore, a possible decline could be near. In a case where profit-taking starts getting intense, KAS price could fall to $0.14. However, a surge in buying pressure could lead the token toward $0.20.

Kaspa (KAS) Price Analysis – Relative Strength Index (RSI)

Looking at the Relative Strength Index (RSI), it reinforced the notion that KAS was overbought. Reading lower than 30 indicate that an asset is oversold, and this could trigger a bounce.

However, the RSI reading above 70 suggest that the token is overbought, and that was the case with KAS. Considering this momentum, KAS could be looking at a decline to toward $0.15 where a major area of interest lied.

Kaspa (KAS) Price Analysis – Moving Average Convergence Divergence

The indications displayed by the Moving Average Convergence Divergence (MACD) is similar to that of the RSI. This is because both of them measure momentum. On the 4-hour timeframe, the MACD was positive, indicating increasing upward momentum.

In addition, the 12 EMA (blue) was higher than the 26 EMA (orange), indicating that buyers were still in control of the price action.However, the longer EMA seem to be close marking the shorter one. 

If the indicators converge, it could validate KAS bearish bias. However, if the MACD continue to go higher, KAS price could hit $0.20.

Kaspa (KAS) Price Prediction 2024

To predict KAS price for 2024, Coin Edition took the token as far back as February. At that time, KAS hit a peak of $0.18. However, it was around that period that intense profit-taking began. This led to the formation of a descending trendline as KAS fell to $0.10.

Moments after that, bulls attempted to trigger a bounce but bears rejected it on several attempts, making that region a demand area. But sellers got exhausted and KAS has been able to breakout to  $0.17.

In 2024, the price could trade much higher as the Awesome Oscillator (AO) indicated that momentum was bullish. Coin Edition also looked the Fibonacci extension which showed that KAS could hit $0.24. However, with a projected bullish market, KAS could trade higher, and the value coud be worth $0.72 before the end of 2024.

Kaspa (KAS) Price Prediction – Resistance and Support Levels 

Resistance and support zones are important parts of price action. For KAS, we analyzed the 4-hour chart to get an idea of these levels.

As of this writing, KAS had a strong support at $0.12. Also, bulls took advantage of the resistance at $0.13, turned it into support while helping the price to breakout. However, there was another resistance at $0.14 which bulls have breached.

Still, trades might need to watch. If KAS hits a local top, the price might decrease to the level. But if bears fail in their attempt to pull the price back, KAS could trade higher.

Kaspa (KAS) Price Prediction 2025

KAS price in 2025 might hinge on Bitcoin’s performance especially as thew token operate with the PoW. Many predictions expect BTC to hit $100,000 in 2025. And with KAS outperforming the cryptocurrency, it could go much higher. Therefore, the price of KAS could be $1.22 in 2025.

Kaspa (KAS) Price Prediction 2026

In 2026, KAS price might continue to increase as adoption of peer-to-peer projects might surge. However, the token might go on a 10x rally but it might increase by another 100%, putting the price prediction at $2.44.

Kaspa (KAS) Price Prediction 2027

2027 could be a bearish year for KAS as the crypto market at large might experience a plunge in capital flow. From the look of things, KAS could lose hold on the $2 region, and its price could drop to $1.67.

Kaspa (KAS) Price Prediction 2028

KAS price is expected to bounce in 2028. This is because the community of the Kaspa network could hit tens of millions, meaning that holders of the token might be higher compared to the current figure. Thus, KAS could trade at $3.10 in 2028.

Kaspa (KAS) Price Prediction 2029

The price of KAS might continue to increase in 2029 as another bull market might have appeared. This time, the project might experience a surge in institutional capital. Also, the retail cohort might not be left out. In terms of the value, it could hit $5 in 2029.

Kaspa (KAS) Price Prediction 2030

Several prediction expect KAS to hit $10 in 2030 considering the mind-blowing performance it has had. However, the toke might get close to its but might not trade at that level. From Coin Edition’s projection, KAS could be worth $9.52 in 2030

Kaspa (KAS) Price Prediction 2040

2040 is a long time from now, and by that time, many cryptocurrencies that exist now might not be present. But Kaspa might still be relevant because of the expected development and upgrade in its plans. For KAS price, it could be $13.80 in 2040.

Kaspa (KAS) Price Prediction 2050

The price of KAS might be a lot higher in 2050. But before then, the value of the cryptocurrency might drop from 2040 higher. However, with increased demand, KAS could rally to $22.50 in 2050.

Conclusion

Finally, one cannot deny that Kaspa has great fundamentals to drive the price of KAS higher. However, it is also important to mention that the token can be highly volatile. As such, the value of the cryptocurrency might tumble at some point and holders in losses might increase. 

But in the long term, KAS could be a good investment provided you know when to buy and when to sell.

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