Crypto Archie, a crypto Youtube channel with more than 84,000 followers, shared their insights on Kaspa’s potential price trajectory for 2024 and beyond. The analyst who made the presentation challenges prevailing narratives and offers a detailed outlook for KAS.
2024: A Year of Consolidation and Preparation
Crypto Archie argues that 2024 is unlikely to be the peak year for Kaspa and other cryptocurrencies, contrary to some popular beliefs.
He suggests that 2024 should be seen as a phase where KAS prepares for a major altcoin season. He thinks the price could reach $0.3 to $0.5 by the end of this year.
The current phase does not have much action and is boring. It is having range-bound movement, but the analyst thinks it is a healthy phase for a major price rise later on.
The analyst advises investors to use this period for dollar-cost averaging (DCA) and staying committed during market downturns.
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Show more +2025: The Year of the Major Bull Run
Crypto Archie is more optimistic about 2025, predicting it will be the year when Kaspa sees its most significant gains. He anticipates that Kaspa (KAS) could reach between $2 and $5 during this time, particularly in the latter half of the year (Q3 or Q4).
The analyst bases this bullish outlook on several factors. He believes that there will be an increase in liquidity as a result of rate cuts from central banks. The global financial environment is also expected to have improved by then.
The analyst also thinks that if the United States has a new president who puts positive attention to crypto, the market sentiment is likely to turn bullish.
Long-Term Vision: Kaspa in 2029 and Beyond
Looking further ahead, Crypto Archie remains optimistic about Kaspa’s long-term potential. He envisions Kaspa potentially becoming a leading layer 1 blockchain, comparable to Ethereum.
However, he acknowledges that this won’t happen overnight and will likely take several bull cycles to materialize fully.
Read Also: Where Is Litecoin Headed Next? LTC Price Approaches Crucial Resistance
Despite his optimism, Crypto Archie cautions viewers about the inherent risks. While Kaspa has strong potential, there is also the possibility that it could underperform or face significant challenges in the future.
The analyst advises focusing on blue-chip cryptocurrencies like Kaspa, TAI, and SUI as safer long-term investments. He suggests keeping a small portion of the portfolio for higher-risk meme coins or low-cap gems, but only after ensuring a solid base of more stable investments.
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