Questions about the future of cryptocurrencies are becoming increasingly relevant. We will examine the current situation and forecasts for three notable crypto projects: Filecoin, Kaspa, and BlockDAG.
FIL's Future: Tech and Limitations
Filecoin continues to develop its infrastructure based on integration with IPFS and decentralized cloud storage. However, its current price at $2.78 is significantly below its all-time high of $237, highlighting a disconnect in market valuation. Short-term projections indicate a resistance level at $3.61, with potential growth to $4.92 by late 2025. Yet, if the project fails to attract investor interest, a price drop to $1.92 could be possible.
KAS Price Forecast: Opportunities and Risks
Kaspa stands out due to its transaction speed, but with a current price of $0.06538 and a decline from its peak of $0.2075, concerns over its market performance are present. The current chart shows a downward trend, where the price could rise to $0.11408 or fall to $0.04262, depending on market dynamics. The RSI indicator indicates that the currency is oversold, leaving room for a possible rebound.
BlockDAG: Beta Testnet Launch and Future Plans
BlockDAG has launched its first Beta Testnet, receiving active feedback from over 170,000 users. The CEO of BlockDAG emphasized that the transition to real development is successfully underway, summarizing a successful testing process. In total, they managed to raise $212 million and sell 19.1 billion BDAG tokens without attracting institutional investments. Many experts expect sustained price growth for BDAG following the mainnet launch.
The cryptocurrency market continues to be a place of debate and hope. Filecoin, Kaspa, and BlockDAG represent various approaches to addressing current challenges in modern cryptography. As for infrastructure, speed, and innovation, each project must demonstrate its value in the market.