您现在的位置是:Kava (KAVA) could hit $40 in the near time >>正文
Kava (KAVA) could hit $40 in the near time
上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛6981人已围观
简介The crypto market, in general, has steadied after a very volatile period during the start of 2022. A...
The crypto market, in general, has steadied after a very volatile period during the start of 2022. Analysts are now focusing on long-term outlooks, and one coin that has grabbed the attention of everyone is Kava (KAVA). Could it actually hit $40 by year-end? Here is what you need to know:
Short term volatility has put a lot of pressure on KAVA
Hitting $40 will mean that the coin needs to grow 10X from its current price
While this looks farfetched, it is not entirely impossible
Data Source: Tradingview
Kava (KAVA) – The road to $40?
At the moment, KAVA is trading at around $3.89. Based on the performance of the crypto market over the last three months, it's hard to imagine that KAVA could grow 10x before the year is out. But it's actually not that hard to imagine.
There are several reasons for this. First, Kava is adding EVM support. The move will make it interoperable with ERC 20 tokens. This is likely going to push more DeFi projects into the network. Also, EVM support means that apps already built for Ethereum can be deployed on Kava.
In addition to this, it seems like the sentiment in the market is actually looking better than it did three months ago. Investors have started to price in the economic and geopolitical factors at play. As the broader market surges, KAVA could still follow. Despite this, we still think there are so many downside risks that will make the $40 dream very hard to achieve.
Is Kava (KAVA) worth the risk?
Kava is a great project and has been for the last few months. It has simply suffered from the general trend in the market. But its long-term value still remains very high. The fact that it's adding more interoperability into its system is a big deal. Even if it doesn’t hit $40, it could still offer 3x or 4x growth.
Tags:
转载:欢迎各位朋友分享到网络,但转载请说明文章出处“上海品茶网 - 夜上海最新论坛社区 - 上海千花论坛”。http://www.jz08.com.cn/news/8838.html
相关文章
Readying to buy Optimism (OP/USD) token after a key breakout is confirmed
Kava (KAVA) could hit $40 in the near timeOnce again, a few cryptocurrenciesare sending market waves. Despite remaining largely bearish this y...
阅读更多
Indexed Finance has unmasked hacker who stole $16 million
Kava (KAVA) could hit $40 in the near timeThe DeFi protocol was hacked on Thursday, with the attacker allegedly stealing $16 millionIndexed Fi...
阅读更多
Miami City to give residents free Bitcoin from gains on the city's coin
Kava (KAVA) could hit $40 in the near timeThe mayor of Miami, Francis Suarez, pledged to distribute 'Bitcoin Yield' from the local MiamiCoin p...
阅读更多
热门文章
最新文章
Shiba Inu stays above the $0.00007 level
Crypto Price Forecast: Bitcoin (BTC), ApeCoin (APE) and Metacade (MCADE)
Where to buy Shiba Inu, the adorable pup that made history
Andrew Bragg: I've never seen an industry so keen for regulation
New ATH for Bitcoin and Ethereum, Helium continues ascent
Mask Network price defies gravity. Is it safe to buy?