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Kaspa Coin Price Prediction 2024-2030

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Release: 2024-03-20 10:10:21
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Kaspa Coin Price Prediction 2024-2030

Kaspa became popular after it was listed on the Binance Futures trading platform in late 2023. With prices up 81,654% since price data began, many are wondering what Kaspa has to offer, why so many are excited about the possibilities of the web, and what this means for future prices native to the web What currency, KAS.

Here we will gather empirical and theoretical perspectives to predict the price of Kaspa, see what others think of the future of Kaspa price, and dive into what Kaspa is and why Some investors may have high expectations for its future.

Kaspa Coin Price Prediction 2024-2030

  • The Kaspa network was launched on November 7, 2021, and the first price data was from June 1, 2022, when KAS is trading at $0.0001699, a new all-time low.
  • It traded sideways until November 2022, when the price increased by 694% to nearly $0.01 per coin.
  • After starting trading in 2023 at $0.005278 per KAS, the price has risen to a high of $0.154, a gain of 2,818%.
  • From May 2023 to August 2023, Kaspa rose 273% in anticipation of Kaspa’s first halving event.
  • Kaspa’s all-time high (ATH) was reached on November 19, 2023.
##YearLow PriceAverage PriceHigh Price
2024 $0.10 $0.28 $0.50
2025 $0.28 $0.60 $1.10
2030 $1.50 $2.20 $3.00


Kaspa Price History

Kaspa went through a fair publishing process on November 7, 2021. However, Kaspa price information on CoinMarketCap started on June 1, 2022, with the Kaspa token price at $0.0001699. This is also the all-time low price for the token. From here, the Kaspa token initially rose in price due to its novelty in the market, before trading sideways until late November 2022, one year after its launch, when its price dropped from 10 It rose sharply from $0.0011859 on March 31 to a 2022 high of $0.009425, an increase of 694%.

#The price of Kaspa then dropped and 2023 started at $0.005278. There was a slight decline in January 2023, hitting a low of $0.004683 for the year on January 11. Since then, the price of Kapsa has steadily climbed from below $0.01, climbing to the $0.01 mark for the first time on February 27, and was worth $0.1389 at the time of writing. This is an increase of 2,531.68% from 2023 and an increase of 81,654% since Kaspa transaction data began.

Kaspa 历史价格图表

#Kappa’s price trend for 2023 is flat. In the two and a half months leading up to the first halving event in August, the price of the KAS token increased steadily. From a price of $0.01345 on May 24 to a peak of $0.05019, the price changed by 273%.

After a brief decline, Kaspa prices continued a modest upward trend through the summer and fall of 2023, then seemed to be on a rocket ship on November 4, with a price of $0.05207 and surged to a high of $0.1389 at the time of writing – a 166.76% increase in just two weeks.

Kaspa Price History Summary

  • Kaspa’s all-time low price was June 1, 2022 (its first day of trading data )’s earliest recorded price was $0.0001699
  • Kaspa came close to breaking through the $0.01 barrier in its first year of trading, touching $0.009425 on October 31, 2022.
  • Kaspa started 2023 at $0.005278, before falling before rising to a brief peak of $0.05019 on the day of the August halving event. An increase of 851%.
  • In November 2023, two years after its launch, Kaspa gained 166% in just two weeks after being in a steady upward trend for most of the year. %, surging from $0.05207 to $0.1389 at the time of writing and hitting a high of $0.154 on the 19th.
  • Since its launch, Kaspa has gained 81,654%, rising from $0.0001699 to $0.1389.

Kaspa Price Prediction 2024

The year 2024 brings a lot of excitement for Kaspa and therefore, the same goes for the predictions for Kaspa coin. There are two halving events in 2024 that may have an impact on Kaspa price.

First of all, the Bitcoin halving event is scheduled to occur sometime in April or May 2024, ahead of the one in August 2024 Kaspa halving event.

Historically, Bitcoin halving events have not had a price impact on Bitcoin or the broader market until 12-18 months after the halving occurs. This means the impact of this event may not be truly felt until 2025. This year, however, with Bitcoin receiving more attention than ever and adoption continuing to grow, some believe the price may rise in anticipation of the event — and that the market as a whole, including Kaspa, will follow suit. rise.

Kaspa will experience a halving event every year. Although unlike Bitcoin, it does not simply split the staking rewards. Kaspa’s staking rewards are cut steadily throughout the year and steadily in half during the halving, meaning that the halving event simply recalculates the size of these cuts to align with the new halving amount. However, before the 2023 halving event, Kaspa’s price increased by 273% and peaked on the day of the halving on August 7. It is expected that as Kaspa grows in popularity, the excitement of the halving event may push the price up again in the middle of the year.

Kaspa 2024年价格预测图

#There are two other less certain factors that could affect Kaspa prices in 2024. These factors are the release of the Rust version of the Kaspa protocol. This will open up to smart contracts and tokens, providing greater utility, an aspect often considered in price assessments.

Finally, it is possible that Kaspa will be listed on Coinbase or Kraken, two of the other three major exchanges, after listing on the Binance Futures trading platform in late 2023. This listing helped its price increase by 15%, and Kaspa’s listing on other exchanges will not only bring such a price increase, but also increase its exposure.

Therefore, our price prediction for Kaspa in 2024 ranges from a high of $0.50, a low of $0.1, and an average of $0.28.

Kaspa Price Prediction Long Term Outlook – 2025-2030 Forecast

Looking ahead to 2025 and 2030, made for Kaspa Coin Intelligent predictions are becoming increasingly difficult. However, there are a few things we can identify to help us do this.

While 2024 will be the year of Bitcoin’s halving, based on historical data, many expect the price impact of this event to occur sometime in 2025. Since Bitcoin and other markets typically rise significantly during this period and hit new all-time highs, we can expect Kaspa to do the same. Therefore, our forecast for Kaspa price in 2025 is a minimum price of $0.28, a maximum price of $1.10, and an average price of $0.60.

In 2030, the crypto market may fall back from the highs reached in 2029 due to the Bitcoin halving event in 2028. We can also expect global adoption of cryptocurrencies to increase, and we can also expect users and businesses to try and even use more novel blockchain solutions, such as Kaspa’s GhostDAG protocol, which Provides higher throughput and low latency solution for balance transfers.

# Of course, we may find that cryptocurrencies are outlawed and regulated at this point. However, this is highly unlikely and our Kaspa price forecast for 2030 does not focus on this pessimistic scenario. Instead, we take a middle ground of discovery and utility with our Kaspa price predictions for 2030, thus predicting that Kaspa will reach a high of $3, a low of $1.50, and an average of $2.20 by 2030 price.

Potential Highs and Lows of Kaspa Coin Price

Here we summarize the Kaspa price predictions for the next few years.

year Low price Average price High Price
2024 $0.10 $0.28 0.50 USD
2025 $0.28 $0.60 1.10 USD
2030 $1.50 $2.20 $3.00


What do other analysts predict for Kaspa Coin?

Kaspa’s rise in 2023 and listing on Binance have many predicting its future price.

## Analysts at AMBCrypto predict that Kaspa will reach a high of $0.14 in 2030.

AMBC encryption

On CoinMarketCap, the OvenAdd website predicts that Kaspa will reach a high of $0.1729 in 2025 and $0.4003 in 2030 of high points.

Oven addition

The Crypto Bulls Club predicts that KAS’s valuation could reach as high as $0.285 by the end of 2025 and hit $0.7148 in 2030 of high points.

Cryptocurrency Bulls Club

On the price prediction website, Gracie Perez predicts that the price of Kaspa will reach $1 in 2028 and reach $2.56 in 2030 dollar highs.

Price prediction

############################################################################################################# CCN has compiled price predictions for Kaspa from across the web, and the results indicate that KAS’s price starting in 2030 may be $0.88. ############CCN############

What is Kaspa Coin and what is it used for?

Kaspa is a layer 1 blockchain network with Kaspa (ticker KAS) as its native currency. The Kaspa network launched in November 2021 through a fair launch process – no pre-mine, no pre-sale, and no allocations for developers or investors.

It is a Proof of Work (PoW) network that combines blockchain and Direct Acrylic Graph technology to solve blocks ChainThe trilemma of security, scalability and decentralization. This unique combination of technologies means Kaspa delivers high transaction throughput and mints one block per second (with the goal of scaling this to 32 or even 100 blocks per second). Transactions on the network are said to be confirmed almost instantly, with the average transaction confirmation time said to be 10 seconds.

What is the GhostDAG protocol

GhostDAGThe protocol, also known as the Phantom protocol, was written by some of the core developers of the Kaspa protocol Described in the research paper . It is a combination of Bitcoin’s Proof-of-Work consensus mechanism and Direct Acrylic Graph, which is said to be an improvement on it.

Direct Acrylic Graphs are used by a number of other cryptocurrencies (notably IOTA) to provide faster processing of transactions than most top blockchains solution. Unlike blockchain where blocks are added to the chain one at a time, direct acrylic technology allows the network to process and accept multiple blocks of transactions in parallel (i.e. at the same time). As a result, the Direct Acrylic Graphics system significantly reduces confirmation times and increases the throughput of the blockchain.

Blockchains still need to be secure in a decentralized manner, and the GhostDAG protocol uses PoW to secure its network. However, due to direct acrylic technology, there are no orphan blocks (i.e. two blocks are created at the same time for a blockchain, like Bitcoin, and only one block is accepted), but it is added to the chain. This greatly improves the efficiency of PoW because no blocks are lost in the network, so much less "work" or computing power is wasted.

Draw inspiration from Bitcoin

It can be said that since the creation of Bitcoin marked the beginning of the cryptocurrency movement, all cryptocurrencies are inspired by Bitcoin inspiration. However, Kaspa directly cited Bitcoin as the blueprint for the Kaspa network. In addition to philosophical consistency achieved through fair distribution, open source nature, decentralized governance, and proof-of-work mining algorithms, Kaspa also has a limited token cap ( approximately 27.8 billion KAS) and deflationary monetary policy.

Kaspa Halving

The Kaspa protocol also has its own halving events, which occur every year. However, unlike the Bitcoin protocol, which only halves the block reward every 210,000 blocks (approximately every 4 years), the Kaspa protocol decreases the block reward every month, so 1 year The block reward will be halved later.

At the end of the year, the monthly reward amount will be reduced accordingly so that the next year’s reward amount can be halved. The Kaspa network's reward emission schedule can be found here.

Kaspa 登陆页面解释器

What is Kaspa used for?

Currently, Kaspa has limited functionality compared to most other blockchains. It does not yet support smart contracts or the creation of tokens on the network. It can currently only be used to transfer, store and mine KAS, the network’s native currency.

However, the developers of the protocol are using Rust (used by companies such as Polkadot and Solana The popular smart contract language)rewrites the codebase to allow smart contracts and tokenized functionality to be developed and added to the network.

Alpha version of this rewrite in April 2023 Released to the public is still under development and its final release date has not yet been announced.

Kaspa Coin Overview

Cryptocurrency Kaspa
Stock Code Cass
Rank #28
price $0.1389
24-hour price change -3.51%
Market value $3,000,088,873 USD
Cycling Supply 21,598,203,555 Cass
24 hour trading volume $130,606,336
##All-time high $0.154
All time lowest point $0.0001699

What factors affect the price of Kaspa?

As a relatively new and novel solution to the blockchain security, scalability, and decentralization trilemma, Kaspa cryptocurrency price is primarily affected Most altcoin prices are influenced by fundamental factors.

Bitcoin Performance

#Most altcoins closely track the price of Bitcoin, when Bitcoin price The price goes up when it goes up, and it goes down when the Bitcoin price goes up. The same is true for KAS. It is foreseeable that the price of KAS is likely to rise with the rise of Bitcoin. The price of Bitcoin depends on major news events, such as The approval, rejection or postponement of a Bitcoin ETF.

KAS 与 BTC 图表

Bitcoin Halving Event

Most predictions say that the Bitcoin halving will occur in early 2024 Around the end of April, it was widely expected that this would have an astronomical impact on the price of Bitcoin, as well as the rest of the cryptocurrency market. This is based on historical evidence from past halving events, these price increases and subsequent ATH typically do not occur until 12-18 months after the halving event. The Bitcoin halving event occurs approximately every four years.

Kaspa Halving Event

As mentioned before, Kaspa draws a lot of inspiration from Bitcoin, and the Kaspa halving event happens every year. On Kaspa, however, the event marks an adjustment in the rate at which rewards are reduced, rather than a simple block reward halving. This is because Kaspa’s block rewards decrease steadily throughout the year, so the reward amount is halved at the end of the year.

# Due to the lack of price history regarding these halving events, it is difficult to know what impact the Kaspa halving event will have on the price of KAS. But if the Kaspa network gains adoption, these events will become increasingly important and could have a significant impact on the price of Kaspa.

Tokens, Smart Contracts and Adoption

Regular cryptocurrency users and investors are not interested in Kaspa due to the inability to build and use applications on the network big. However, the code base of the Kaspa protocol is being translated into Rust, a programming language popular among smart contract developers that is growing in popularity every year, since Since the beginning of 2020, popularity has more than tripled.

#Once launched, developers will be able to build applications on top of Kaspa and create tokens for those applications. As the Kaspa ecosystem is created, demand for the KAS token is likely to increase, helping to push the price higher.

Exchange List

As of this writing, KAS is on 33 centralized exchanges and 4 decentralized exchangeslisted. It is not currently listed on Kraken and Coinbase, which are considered two of the largest cryptocurrency exchanges. If one or both of these exchanges choose to list KAS, then judging from past evidence with other coins, one can expect the price of KAS to get a boost following the announcement and the token to Big boost at the start of trading.

This may happen multiple times as the two largest exchanges have not yet listed KAS.

Is Kaspa worth buying?

Kaspa is relatively new to the cryptocurrency market, and it also offers something new in the form of combining PoW staking with blockchain and DAG technology. This allows it to publish one block per second, with an average transaction confirmation time of 10 seconds – incredibly fast compared to top blockchains.

While Kaspa’s codebase is currently written in a fairly unused programming language, it is being rewritten in the popular smart contract language Rust . Introducing it to the Kaspa Network will also pave the way for smart contracts and tokens to be introduced to the Kaspa Network, making them extremely attractive to developers and users.

Kaspa’s relative new status, coupled with its future potential as a decentralized, high-throughput smart contract platform, and its listing on Binance Futures, The end of 2023 caused a lot of buzz around Kaspa. Two other large exchanges, Kraken and Coinbase, have yet to launch. Listing Kaspa, a smart contract developer friendly rewrite has not yet launched and Kaspa does not yet have smart contract and token features, before all the hype surrounding Kaspa’s upcoming aspects and features, Kaspa does look like a good one right now selection agreement.

Conclusion

Kaspa may be in the spotlight at the end of 2023, but the future of KAS and the Kaspa network still looks very bright - Halving Event, Protocol Upgrades and cryptocurrency adoption are both coming.

While the future seems bright for Kaspa, does that mean it can earn a spot on the list of the best cryptocurrencies to buy right now? There's only one way to find out.

The above is the detailed content of Kaspa Coin Price Prediction 2024-2030. For more information, please follow other related articles on the PHP Chinese website!

source:techopedia.com
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