KSM: stairway to heaven (or 600$)

Kusama has been in a heavy correction after a strong run, currently KSM is heavily undervalued at a marketcap of 3bn! At its high that was about 5bn but even that is just nothing compared to the likes of DOGE with 34bn... Sure not to be compared but in the long run real technology that is developed with and on Kusama will be used on a wide scale through Polkadot.

I project KSM to be a top 20 project by the end of the current bull run and staying there... Currently that means a market cap of at least 7,5bn but we are in a dip so by the end of the bull run that would mean at least double; 14bn. For KSM that would mean a 4x to 5x increase in price in 2021. Likely so; as projects like KSM, DOT, LINK, ETH and BTC will be the most popular amongst institutional investors thinking in the long run; not a short pump.

Right now, KSM is on the verge of a breakout; when we clear the resistance cluster and find support in the orange zone we climb the stairway to heaven; to a new ATH of 600$ and beyond...

הערה:

Kusama climbing the stairs; she will amaze you! Watch her go....

הערה:

Kusama is due for level 3: 480$

הערה:

KSM climbing the steps even though she fell a little in between, no worries; right on track to our first 600$ target but there might be more! Go Kusama!

הערה:

KSM FINAL UPDATE: press play! 100% accurate, hit my resistance box and done. Did you walk the stairs with me or not? Most likely we tumble down a few steps and will get another buy opportunity when we are bottomed out.