Kaspa Price Prediction 2024, 2025 And 2030

By Gaurav Kudekar

Published on:

Kaspa Price Prediction: Kaspa started getting popular in late 2023 when it got listed on Binance Futures. With its price already going up by 81,654% since data started being tracked, people are curious about what Kaspa is all about, why so many are interested in its network, and what this might mean for the future price of its currency, KAS.

Here, we’ll gather real-world data and ideas to make a guess about how much Kaspa might cost in the future. We’ll also see what other people think about where Kaspa’s price is headed, and we’ll talk about what Kaspa is and why some investors are excited about what it might do in the future.

Kaspa Coin Price Prediction 2024-2030

  • The Kaspa network started on November 7th, 2021. The first price data we have is from June 1st, 2022, when KAS was traded for $0.0001699, which is its lowest price ever.
  • From June 2022 to November 2022, its price stayed around the same. Then, in November 2022, the price suddenly went up by 694%, almost reaching $0.01 for each coin.
  • At the beginning of 2023, the price was $0.005278 per KAS. Since then, it has gone up a lot, reaching a high of $0.154. That’s an increase of 2,818%.
  • Between May and August 2023, as people were looking forward to Kaspa’s first Halving event, the price went up by 273%.
  • Kaspa reached its highest price ever on November 19th, 2023.
YearLow PriceAverage PriceHigh Price
2024$0.11$0.27$0.53
2025$0.27$0.62$1.11
2030$1.51$2.21$3.01

Kaspa Price History

Kaspa had a fair start on November 7th, 2021. But its price history on CoinMarketCap begins on June 1st, 2022, showing its lowest price ever at $0.0001699. After its launch, the price stayed steady until late November 2022, when it suddenly shot up from $0.0011859 on October 31st to its highest point of $0.009425 in 2022, which was a huge increase of 694%.

The cost of Kaspa fell and began in 2023 at $0.005278. It went down a bit more in January 2023, reaching its lowest point for the year of $0.004683 on January 11th. Since then, Kaspa’s price has been steadily going up from these prices below $0.01. It first went above the $0.01 mark on February 27th and is currently valued at $0.1389. This marks a 2,531.68% increase over 2023 and an 81,654% increase since Kaspa began trading.

In 2023, Kappa’s price steadily increased. The KAS token’s price went up consistently for two and a half months before its first halving event in August. On the day of the halving event, it reached its highest point at $0.05019, starting from $0.01345 on May 24th, which is a 273% increase in price.

The Kaspa price went down a little at first, but then it started going up slowly during the summer and fall of 2023. Then, on November 4th, it suddenly jumped up to $0.05207 and kept rising fast. It reached a high of $0.1389, which is 166.76% more than it was just over 2 weeks ago.

Kaspa Price History Summary

Kaspa started trading at a very low price of $0.0001699 on June 1st, 2022. It nearly reached $0.01 in its first year, hitting $0.009425 on October 31st, 2022.

At the beginning of 2023, Kaspa’s price was $0.005278, but then it dropped before reaching a high of $0.05019 during its August Halving event, which was an 851% increase.

In November 2023, which was two years after its launch, Kaspa surged by 166% in just over two weeks, going from $0.05207 to $0.1389. It even touched a high of $0.154 on November 19th.

Since its launch, Kaspa has skyrocketed by 81,654%, going from $0.0001699 to $0.1389.

Kaspa Price Prediction 2024

In 2024, there’s a lot of excitement for Kaspa and its coin forecast. Two halving events are happening that year, which might affect the price of Kaspa. Firstly, the bitcoin halving is set to happen around April or May 2024, before the kaspa halving in August 2024.

In the past, when Bitcoin halves, its price and the overall market don’t usually change until about a year or more later. So, the effects of this may not be noticeable until 2025. But this year, because more people are interested in Bitcoin and more are using it, some people believe that the price of Bitcoin could go up before the halving event happens. And if that happens, other cryptocurrencies, like Kaspa, could also see their prices go up.

Every year, Kaspa goes through a halving event, but it’s different from Bitcoin’s. Instead of abruptly reducing mining rewards, Kaspa gradually decreases them throughout the year, so they halve steadily. This means the halving event adjusts the size of these reductions to match a new halving amount. Before its 2023 halving, Kaspa’s price increased by 273%, reaching its peak on August 7th, the day of its halving. People anticipate that as Kaspa becomes more popular, the excitement surrounding its halving events could boost prices again midway through the year.

Two other things might also affect the price of Kaspa in 2024, but they’re not as definite. One is the launch of the Rust version of the Kaspa protocol. This version will enable smart contracts and tokens, making Kaspa more useful. This usefulness is often considered when evaluating its price.

After getting listed on Binance Futures in late 2023, Kaspa might also get listed on two other big exchanges, Coinbase and Kraken. This listing on Binance Futures increased its price by 15%. If Kaspa gets listed on more exchanges like Coinbase or Kraken, it could boost the price even more and make Kaspa more widely known.

So, we predict that in 2024, the highest price for Kaspa could be $0.50, the lowest could be $0.10, and on average, it could be around $0.28.

Kaspa Price Forecast Long-Term Outlook: 2025-2030 Predictions

As we look ahead to 2025 and 2030, it gets harder to predict what will happen with the Kaspa coin. But there are some specific things we can identify to give us a better idea.

In 2024, there will be a bitcoin halving, which means the supply of bitcoin will decrease. People think that this will affect the price, but it might not happen until 2025. Bitcoin usually becomes more valuable during this time, and other cryptocurrencies like Kaspa tend to follow. So, we predict that in 2025, Kaspa’s price could be as low as $0.28, as high as $1.10, and on average around $0.60.

In 2030, the value of cryptocurrencies might decrease after reaching high levels in 2029 due to the 2028 Bitcoin Halving event. We anticipate that more people worldwide will be using cryptocurrencies, and businesses will be trying out new blockchain technologies like Kaspa’s GhostDAG protocol, which allows for faster and smoother transactions.

It’s unlikely that crypto will be banned and regulated by 2030. Our prediction for Kaspa’s price in 2030 focuses on its potential uses and value, suggesting it could reach a high of $3, a low of $1.50, and an average of $2.20.

Potential Highs & Lows of Kaspa Coin Price

YearLow PriceAverage PriceHigh Price
2024$0.14$0.25$0.54
2025$0.28$0.62$1.12
2030$1.51$2.23$3.01

What do other analysts predict for Kaspa Coin?

  • According to analysts at AMBCrypto, they expect Kaspa to reach a peak price of $0.14 by the year 2030.
  • According to CoinMarketCap, OvenAdd expects Kaspa to reach a peak of $0.1729 by 2025 and $0.4003 by 2030.
  • The Crypto Bulls Club predicts that KAS might reach up to $0.285 by the end of 2025 and reach highs of $0.7148 by 2030.
  • Gracie Perez thinks Kaspa’s price will hit $1 by 2028 and could go up to $2.56 by 2030 on the Price Prediction website.
  • Meanwhile, predictions gathered from various sources on CCN suggest Kaspa might begin in 2030, priced at $0.88.

What is Kaspa Coin and What is it Used For?

Kaspa is a type of blockchain system. It has its own currency called Kaspa, which is abbreviated as KAS. Kaspa started operating in November 2021, and it was created fairly without any special advantages given to developers or investors beforehand, like no pre-mining or pre-selling of coins.

It’s a network called Kaspa that uses a mix of blockchain and Direct Acrylic Graph tech to tackle three main issues: security, scalability, and decentralization. This blend lets Kaspa handle lots of transactions quickly, creating a new block every second. They’re aiming to boost this to 32 or even 100 blocks per second. Transactions on Kaspa confirm almost instantly, typically taking just 10 seconds.

Taking Inspiration From Bitcoin

Some say Bitcoin started the cryptocurrency trend, so all other cryptocurrencies were influenced by it. But Kaspa specifically mentions Bitcoin as its model. Kaspa shares similar beliefs with Bitcoin, like starting fairly, being open-source, having decentralized control, and using proof-of-work for mining. Also, Kaspa has a limited number of tokens, about 27.8 billion KAS, and a plan to decrease inflation.

Kaspa Halvings

The Kaspa protocol has its own halving events, which happen every year. Unlike Bitcoin, where block rewards are halved every 210,000 blocks (about every 4 years), Kaspa reduces block rewards every month. This means that after 1 year, block rewards are halved.

Then, at the end of each year, the monthly reductions are adjusted so that rewards are halved again in the following year. You can find the Kaspa network’s reward schedule here.

Kaspa Price Prediction 2024, 2025 And 2030

What is Kaspa Used For?

Right now, Kaspa doesn’t have as many features as most other blockchains. It can’t do things like smart contracts or making tokens yet. Right now, you can only use it to send, keep, and mine its own currency, KAS.

The protocol developers are updating the code in Rust, a language used by Polkadot and Solana, to add smart contracting and tokenization features to the network.

They released an early version in April 2023 and are still working on it. There’s no final release date yet.

Kaspa Coin Overview

CryptocurrencyKaspa
Ticker SymbolKAS
Rank#28
Price$0.1387
Price Change 24H-3.51%
Market Cap$3,000,078,875
Circulating Supply21,598,203,555 KAS
Trading Volume 24H$130,606,335
All Time High$0.156
All Time Low$0.0001697

Performance of Bitcoin

Many altcoins tend to follow the price of Bitcoin. When Bitcoin goes up, they usually go up too, and when Bitcoin goes down, they tend to decrease as well. This pattern applies to KAS too, so if Bitcoin’s price goes up, it’s likely that KAS will too. Bitcoin’s price depends on various factors, including significant events like the approval, rejection, or delay of Bitcoin ETFs.

Bitcoin Halving Event

A Bitcoin Halving is set to happen in early 2024, likely around late April, and it’s expected to greatly affect the price of Bitcoin and other cryptocurrencies. This expectation comes from looking at what happened in the past during similar events. The prices usually shoot up to new record highs, but this often takes about a year to a year and a half after the Halving event. These Halving events happen about every 4 years.

Kaspa Halving Event

As mentioned before, Kaspa draws a lot of ideas from Bitcoin. In Kaspa, a Halving event happens once a year. But unlike Bitcoin where the event simply halves block rewards, in Kaspa, it adjusts how fast the rewards decrease. This means that over the year, the amount of reward given for mining blocks gradually decreases until it’s halved by the year’s end.

Since there isn’t much history about how these Halving events affect the price of KAS (Kaspa’s currency), it’s difficult to predict their impact. However, if more people start using Kaspa, these events could become more important and might have a big impact on KAS’s price.

Exchange Listings

Currently, KAS is available on 33 centralized exchanges and 4 decentralized exchanges. However, it’s not available on Kraken and Coinbase, which are two major crypto exchanges. If either or both of these exchanges decide to add KAS, it’s likely that the price of KAS will increase when the announcement is made, and it will see a significant increase when trading begins, based on what has happened with other coins in the past.

Is Kaspa a Buy?

Kaspa is a newcomer in the cryptocurrency world. It brings together PoW mining, blockchain, and DAG tech, letting it create blocks every second with transactions confirmed in just 10 seconds—super speedy compared to other top blockchains.

Kaspa’s code is being rewritten from an uncommon language to a popular one called Rust. This change will allow Kaspa to support smart contracts and tokens, making it more attractive to developers and users.

Kaspa, a new decentralized platform for smart contracts with high potential, gained attention in late 2023 when it was listed on Binance futures. Even though it’s not fully developed yet and isn’t available on major exchanges like Kraken and Coinbase, many believe it’s a good investment before it becomes more popular with additional features and capabilities.

Best Place to Buy Cryptocurrencies

Binance is the top spot to buy cryptocurrency because it’s the biggest exchange with the most users and trades happening every day. Unfortunately, you can’t directly buy KAS on Binance yet, but you can trade it as a future, which might mean it could be listed as a coin soon.

Still, Binance is your best bet for buying crypto because it has low fees for regular trading, a wide selection of over 350 cryptocurrencies, and you can even use a credit card to make purchases.

Passive investors can utilize automated trading programs and mimic the trades of others, or they can automate their investments and regularly invest a fixed amount.

Also, you can use your cryptocurrency as security to borrow money. This can come in handy when you need quick access to cash without selling your coins.

In summary, Binance is worth looking into because it offers a variety of coins, is dependable, and provides helpful tools for cryptocurrency investors and traders.

Conclusion

Kaspa had a big moment in late 2023, but its future still looks promising with events like Halving, upgrades, and more people using cryptocurrencies. Does this mean it’s still one of the best cryptocurrencies to buy? We’ll have to see.

Disclaimer: The information on this website isn’t meant to be taken as advice for investing money. Investing involves uncertainty, and there’s a chance you could lose your money when you invest.

Gaurav Kudekar

I am a multifaceted content creator with expertise in blogging, finance, and cryptocurrency reviews. My creative journey involves weaving captivating stories into blogs, designing aesthetically pleasing and functional websites, and dissecting the nuances of cinema. We are dedicated to sharing our passion and insights with a global audience.

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