Kaia

$KAIA 🚀 extended its rally on June 20, climbing to $0.20 — its highest since January 26 — and marking a 123% gain from this year’s low. The token’s market cap soared past $1.2 billion 💰, while 24-hour trading volume rose 40% to $136 million and futures open interest hit a record $63 million 📊.

Momentum grew after Kaia integrated USDT and pledged to support a Korean won stablecoin 🇰🇷. The launch of Phase 2 of its $100K Yapper Rewards campaign 🗣️ now rewards users for quality social posts, even if they aren't in the top 100, driving social engagement and awareness 📢✨.

Further fueling the bullish sentiment, Kaia joined the Japan Blockchain Association 🇯🇵 to scale its presence via Line mini-apps 📱. Network fundamentals also strengthened: total value locked (TVL) rose 47% in the past 30 days to $121M, and its stablecoin supply surpassed Cardano’s at $41M 🔗💹.

On the charts, Kaia broke key resistance at $0.1795 and moved above the 50-day EMA 🔓, entering the Wyckoff markup phase. Bulls may now target the 50% Fibonacci retracement at $0.2587 🎯, though a drop below $0.15 would challenge the uptrend ⚠️.