📈 $KAITO Market Overview
Current Price: ~$1.39 USD
24h Change: +60.75%
24h Range: $0.8437 – $1.38 USD
Market Cap: ~$328 million USD
24h Trading Volume: ~$597 million USD
Circulating Supply: ~241.39 million KAITO
Max Supply: 1 billion KAITO
All-Time High: ~$2.92 USD (February 27, 2025)
🚀 Reasons Behind the Price Surge
The recent price surge of KAITO can be attributed to several key factors:
New Partnerships and Community Rewards: The announcement of new partnerships and the expansion of community rewards have driven investor interest, leading to a 42% intraday gain and a 340% increase in trading volume.
Technical Breakout: KAITO broke out from a descending resistance trend line, signaling a potential bullish trend. The price is currently testing the $1.20 horizontal resistance, with a successful breakout potentially leading to further gains.
Increased Futures Open Interest: Futures open interest has risen sharply, reaching a two-month high of $103 million, up from $37.7 million a month ago, indicating strengthening bullish sentiment.
🤖 About Kaito
Kaito is an AI-driven Web3 platform designed to aggregate and process cryptocurrency information from various channels, providing users with high-quality and real-time market insights. The native token, $KAITO, serves multiple functions within the ecosystem, including governance, staking rewards, and access to premium features.
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