Kaspa (KAS) Price Prediction 2024-2040

Kaspa (KAS) Price Prediction 2024-2040
Nov 16 0
Kaspa (KAS) Price Prediction 2024-2040

Please note that this article doesn't present investment advice and serves for educational purposes only.

In recent years the proof-of-work consensus mechanism has been under fire for its excessive energy consumption and an impact on the GPU market. The second biggest cryptocurrency, Ether, made a notable change when it transitioned from proof-of-work to proof-of-stake, a consensus mechanism that doesn't require much energy. 

Nevertheless, Bitcoin proved that PoW provides strong security. The dev team of the Kaspa cryptocurrency not only applied PoW for their crypto but managed to find a solution to the long block time, creating a network that confirms one block every second.

As of November 2024, Kaspa is one of the top 50 cryptocurrencies by market cap. Read this article to learn more about Kaspa and see the Kaspa price prediction for 2025, 2027, 2035, and other years.

What Is Kaspa (KAS)?

Kaspa (KAS) is an open-source community-driven cryptocurrency launched in 2022. Kaspa uses a proof-of-work consensus mechanism, meaning that the KAS coin can be mined. Aside from financial functionality Kaspa may be useful for the subnetwork support to make the layer 2 solutions more convenient.

Kaspa is characterized by unusually quick block-time. One block is confirmed every second. The speed is achieved via handling the problem of orphan blocks. Kaspa uses a GHOSTDAG protocol that doesn’t orphan blocks that were created simultaneously. Instead, it allows them to coexist without violating consensus. The Kaspa devs intend to increase the block confirmation speed in the future.

The key numbers for the Kaspa network revolve around the music theory numbers. For instance, the new token emission is arranged in accordance with the 12-note scale while the initial block reward was equal to 440 KAS where 440 is the frequency of the A4 note often used as an example for standard tuning, etc.

The project was conceived by Yonatan Sompolinsky, however, it is developed by the community members as it is an open source platform with no central authority and roadmap. The KAS coin hit the market in May of 2022 and quickly became one of the biggest cryptocurrencies available on various big exchange platforms.

Kaspa (KAS) Price Prediction for 2024, 2025, 2027, 2030, 2035, 2040

As of November 14, 2024, the KAS price is 14 cents. The Kaspa coin ranks 34th in terms of market cap at $3.75 billion. The table below provides Kaspa (KAS) price prediction for 2024, 2025, 2027, 2030, 2035, and 2040. The prediction relies on the combination of the fundamental and tech analysis.

Under the table you will see more detailed commentaries on the future prices of Kaspa.

Year Price Prediction ROI of your investment (if you buy the coin now)
2024 $0.173 23.57%
2025 $0.255 82.14%
2027 $0.56 300%
2030 $1.9 1,257.14%
2035 $15 10,614.29%
2040 $118 84,185.71%

 

2024

As of November 14, the Trump Trade trend continues. Bitcoin is in its highest position while the rest of the market is going through a more moderate uptrend. Experts don’t see any reasons that may stop the rally in 2024. Assuming this and analyzing the past price data, we conclude that by the end of 2024, KAS may reach around $0.173.

2025

The Crescendo hardfork is in the projects as of November 2024. It will boost the block confirmation speed, increasing the number of blocks per second from one to ten. If Crescendo and other proposed improvals materialize in 2025, it will help the price to grow more. By the end of 2025 we expect the KAS price to reach 25 cents or more.

2027

As of November 2024, Kaspa has room to grow in terms of important partnerships and presence on exchanges. You won’t find the KAS pairs on Gemini, Coinbase, and Kraken. It means that the American market is somewhat missing out on KAS. For sure, by 2027, the Kaspa coin will reach out to more markets. It will help the price to go up. In 2027 the price will exceed 50 cents, reaching around $0.56 by the end of the year.

2030

As any Bitcoin halving before, the 2028 Bitcoin halving will impact the crypto market and start a bull run within 18 months after the event. Although the impulse may fade out in 2030 and the price may drop a bit, in 2030 Kaspa will have a bigger price than in 2027. Probably during the rally KAS will be traded at $2.7 or even $3 but by the end of 2030, the price will be around $1.9.

2035

We don’t know much about the political and economic events in the 2030s, however, if we use the past KAS price data, we can provide an approximate price prediction for 2035 and other years via tech analysis. Assuming that the crypto sector and Kaspa in particular continue to develop and reach more people, the KAS price may reach $15 in 2035.

2040

In 2040 the Kaspa price may exceed $110, reaching $118 or even over $120.

Kaspa (KAS) Price Analysis for the Past Several Years

This table showcases the main milestones of the KAS price throughout the years. The short commentaries in the right column will help to understand the main drivers behind the Kaspa currency price shifts.

Date Price Why the price dropped/rose to this level (what influenced the price change)
May 25, 2022 $0.0002 The day when the first KAS coin became available for trading, the Kaspa price was around $0.0002
Apr 3, 2023 $0.039 While Bitcoin was going down in May and June of 2022, Kaspa was gradually gaining value from May 2022 to April 2023. The main price triggers at the period were listings on MEXC (September 2022) and Bitget (February 2023). The price peaked on April 3 at nearly 4 cents. The KAS price movements in the spring of 2023 were mimicking the BTC price trends
Oct 14, 2023 $0.042 The summer and the fall of 2023 saw moderate price movements. The market was going up and down without serious shifts. KAS improved its market presence as by October it was listed on leading exchanges KuCoin, Bybit, and BitMart. On October 14 the KAS price reached $0.042. Ever since the Kaspa price was mostly growing. The KAS price trajectory is an ascending zig-zag. Generally it repeats the BTC price movements 
Feb 20, 2024 $0.183 The price began to grow rapidly in October and November of 2023. It was a reaction to the simultaneous Bitcoin price growth. On November 20 the KAS price peaked at over 14 cents before sliding to around 10 cents by December 20 and dropping even below 10 cents in January. The similar cycle took place from February to May, when the price peaked at $0.183 on February 20 and gradually declined to 10 cents in early May. For some reason, Kaspa didn’t join the crypto rally triggered by the approval of the Bitcoin ETFs by SEC
May 6, 2024 $0.1 May 6 was the beginning of the six month-long cycle that started with the gradual price growth, had a peak three months after the beginning (in early August), and ended at the same price six months after the start. On May 6 the price was 10 cents
Aug 1, 2024 $0.2 The buyers’ interest helped Kaspa to keep on gaining value even in the shrinking market. On August 1 KAS peaked at 20 cents and began to slide down
Nov 5, 2024 $0.1 The price hitted the bottom on November 5 at 10 cents. That day the huge crypto rally began as it became clear that Trump is going to become a new POTUS. His crypto-friendly rhetoric unleashed a new bull run
Nov 15, 2024 $0.136 As of November 15, the KAS price is 13.6 cents

 

Q&A

Is Kaspa a good investment?

We cannot give investment advice. Please do your own research on the subject.

What will be the Kaspa price in 10 years?

In ten years from now (in 2034) the Kaspa coin price may reach $10.

Should you buy Kaspa now?

As of November 2024, the crypto market (including Kaspa) is on the rise. Some might consider it as a wrong moment to invest as the price is too high. However, everything depends on your strategy.

Conclusion

Kaspa is a rare example of the modern cryptocurrency that uses Proof-of-Work and mining. More than that, the coin is pretty successful and has a big market cap. In ten years the Kaspa (KAS) price may reach around $10.

Les opinions et appréciations exprimées dans le texte sont celles de l'auteur de l'article et peuvent ne pas représenter la position de Cryptogeek. N'oubliez pas qu'investir dans des crypto-monnaies et négocier en bourse est associé à un risque. Avant de prendre des décisions, assurez-vous de faire vos propres recherches sur le marché et les produits qui vous intéressent.


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