Altcoin with Massive Upside Potential
An influential analyst and trader believes that a cryptocurrency ranked in the top 50 by market capitalization has significant room for upward growth. The analyst, known as Credible Crypto, shared with followers on social media that Kaspa (KAS), a proof-of-work cryptocurrency, still has substantial potential even after rallying around 50% in a short period of time. Credible Crypto predicts that Kaspa is on track to break into the top 20 coins by market cap.
Kaspa is currently ranked 30th by market cap and is trading at $0.122, marking a remarkable 1,831% increase over the past year. In addition to Kaspa, Credible Crypto is also bullish on Celestia (TIA), a blockchain designed to facilitate the launch of decentralized networks at a minimal cost. He anticipates a more than 60% surge in TIA’s value after its recent retracement to a support zone. Credible Crypto also shared that he is targeting a price above $10 for TIA.
TIA is currently trading at $6.12, reflecting a substantial 150% increase in just one week.
Hot Take: The Future of Top-50 Cryptocurrencies
A widely respected analyst and trader expects significant potential for growth in a top-50 crypto asset following recent rallies. The specific upside potential outlined and the bullish projections for the cryptocurrency Kaspa (KAS) and Celestia (TIA) indicate excitement and optimism in the crypto sector. With notable increases in value over short periods, these assessments highlight the dynamic and potentially lucrative nature of the cryptocurrency landscape.