{"id":6293,"date":"2025-03-05T17:58:17","date_gmt":"2025-03-05T17:58:17","guid":{"rendered":"https:\/\/cryptonewsdesk.com\/?p=6293"},"modified":"2025-03-05T17:58:19","modified_gmt":"2025-03-05T17:58:19","slug":"kaito-price-spikes-25-following-upbit-exchange-debut","status":"publish","type":"post","link":"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/05\/kaito-price-spikes-25-following-upbit-exchange-debut\/","title":{"rendered":"Kaito Price Spikes 25% Following Upbit Exchange Debut"},"content":{"rendered":"\n<p>Kaito (KAITO) has surged by 26% in the past 24 hours, driven by its listing on Upbit, further expanding its presence on major centralized exchanges. The token is now trading at $1.82, with a 24-hour trading volume of $996 million\u2014an increase of 108%.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Upbit Listing Fuels Market Excitement<\/strong><\/h3>\n\n\n\n<p>Upbit has added KAITO to its KRW, BTC, and USDT markets, with deposits exclusively available through the Base network. While the listing marks a significant milestone, Kaito had already secured listings on Binance, Coinbase, Kraken, OKX, Gate.io, Bybit, and MEXC on February 20, coinciding with the token\u2019s generation event and airdrop campaign.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Airdrop Sell-Off and Market Impact<\/strong><\/h3>\n\n\n\n<p>Following the airdrop, the top 12 claimants collectively received approximately $3.3 million worth of KAITO. However, 10 of them quickly sold most of their holdings, with eight fully exiting their positions right after claiming their tokens.<\/p>\n\n\n\n<p>Data from Dune Analytics shows that 83.4% of airdrop claimants have either sold or transferred their tokens, while only 15.7% are still holding. Meanwhile, a few addresses have accumulated more KAITO, indicating selective buying interest.<\/p>\n\n\n\n<h3 class=\"wp-block-heading\"><strong>Price Performance and Market Outlook<\/strong><\/h3>\n\n\n\n<p>After a late-February rally pushed KAITO to its all-time high on February 27, the token experienced a sharp correction, dropping to around $1.50 by early March. At press time, KAITO is trading just below the 21-day EMA ($1.86), which is acting as a dynamic resistance level. A breakout above this level could signal a trend reversal, while failure to hold may lead to further declines toward local support at $1.50.<\/p>\n\n\n\n<p>However, the recent surge in trading volume, fueled by the Upbit listing, suggests strong buying interest. Key resistance lies in the $2.00-$2.10 range. With airdrop sell-offs now largely completed, KAITO\u2019s price appears to be stabilizing, potentially setting the stage for more sustainable growth if market demand remains strong.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Kaito (KAITO) has surged by 26% in the past 24 hours, driven by its listing on Upbit, further expanding its presence on major centralized exchanges. The token is now trading at $1.82, with a 24-hour trading volume of $996 million\u2014an increase of 108%. Upbit Listing Fuels Market Excitement Upbit has added KAITO to its KRW,&#8230;<\/p>\n","protected":false},"author":3,"featured_media":6294,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[63,70],"tags":[92,379,380],"class_list":["post-6293","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-crypto-news","category-finance","tag-exchange","tag-kaito","tag-upbit"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Kaito Price Spikes 25% Following Upbit Exchange Debut - Crypto News<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonewsdesk.com\/index.php\/2025\/03\/05\/kaito-price-spikes-25-following-upbit-exchange-debut\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Kaito Price Spikes 25% Following Upbit Exchange Debut - Crypto News\" \/>\n<meta property=\"og:description\" content=\"Kaito (KAITO) has surged by 26% in the past 24 hours, driven by its listing on Upbit, further expanding its presence on major centralized exchanges. The token is now trading at $1.82, with a 24-hour trading volume of $996 million\u2014an increase of 108%. 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