In the last 24 hours, KAKA grew by 99.1 percent, reaching a price of $0.003878 and a market capitalization of nearly 3.6 million.
After the volatile movement, resistance was experienced at $0.003998 and support was maintained at $0.001949.
Market cap varied between 1.35M and 5.5M indicating tightening inflows and vigorous low cap trade.
Low-cap coin KAKA has given serious volatility in recent trading, bringing a fresh focus to the market. Its market cap first surged from $1.35 million up to an all-time high of $5.5 million, indicating heavy buying pressure. Price retraced later on, however, dipping back down to $1.6 million before bouncing back again.
Project now remains steadfast at a $3.6 million valuation, remaining strong despite earlier dips. The last 24-hour statistics record a 99.1% price increase, moving KAKA to $0.003878. Volume remains active, a reflection of continued interest from smaller market players for the token.
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Sharp Recovery From Local Lows After Market Cap Retracement
Earlier this cycle, KAKA saw its market cap fall back to $1.6 million following the $5.5 million high. Despite this retracement, the token attracted renewed inflows. Notably, a fresh accumulation phase began at lower levels, with investors entering positions after the correction.
This renewed demand helped drive the market cap higher once again, leading to the most recent $4 million peak. However, the price has since stabilized, now hovering near the $3.6 million mark. This price stabilization comes after the notable 99.1% single-day price jump.
Price Action Approaches Resistance at $0.003998 After Testing Key Levels
On its price graph, KAKA's $0.003878 current price is nearing its immediate resistance of $0.003998. The 24-hour range of the token, however, is from $0.001949 to $0.003998, highlighting recent volatility.
Support remains at $0.001949, a bottom for the recent drops. Volume is 107.694K highlighting the sustained interest despite recent volatility. More surprisingly, the price of the token has also soared 96.4 percent against Bitcoin within the same period, a case of relative outperformance.
Market Structure Remains Active With Tight Trading Ranges and Visible Volume Support
In addition to price gains, KAKA’s market structure has maintained active trading ranges and visible volume support. Recent hourly charts show strong candles supporting upward momentum. However, resistance remains close, indicating that market participants are closely monitoring this range.
Buyers and sellers continue to trade within a defined zone, with breakout attempts facing immediate reactions. As such, KAKA’s price dynamics remain influenced by market cap shifts and short-term liquidity flows.
The post KAKA Surges 99.1% in 24 Hours, Holds Steady Near $3.6M Market Cap After Volatile Swings appears on Coin Futura. Visit our website to read more interesting articles about cryptocurrency, blockchain technology, and digital assets.
