Kaito grew by 26%, caused by the UPBIT list, adding to the growing presence on large centralized exchanges.
Upbit has just listed Kaito (Kaito) in its KRW, BTC and USDT markets, deposits are available only through the base – other networks are not supported. Over the past 24 hours, which grew up in the list, it has grown by 25%, bargaining by $ 1.82 in the United States over time, with a 24-hour trade volume amounted to $ 996 million. USA by 108%.
Although the UPBIT list is an important milestone for Kaito, this is not the first major exchange that the token listed. Binance, Coinbase, Kraken, OkX, Gate.io, Bybit and Mexc are all listed on Kaito on February 20, coinciding with the Token generation event and the beginning of its Airdrop campaign.
Speaking about Airdrop, the 12 best applicants of Aidrop received the total number of cavities worth about $ 3.3 million, but 10 of them have already unloaded most of their possessions, and 8 completely left their positions immediately after air assistance.
According to Dune Analytics, 15.7% of Airdrop clamas still hold on to their Kaito tokens, while 83.4% sold or handed over most of their own. A small number of addresses accumulated more tokens. This suggests that the majority of Kiato Airdrop’s applicants decided to eliminate their tokens, and not to keep them for long -term profits.
As for the recent price of Kaito, after February 27 at the end of February 27, February 27, on February 27, performed at the end of February. By the beginning of March, Kaito fell to about $ 1.50, noting a significant rollback from his peak. During the print, Kite is traded just below 21 EMA ($ 1.86), acting as dynamic resistance. A breakthrough above this level can signal the potential change, while the inability to hold can lead to a further decrease in the local support level of $ 1.50. Nevertheless, the recent surge of the volume is probably the result of the upbit listing, indicates the strong pressure of the purchase with the key resistance lying in the range of $ 2.00-2.10.
Moreover, since 10 of the best applicants Aidrop have already made a profit, the price of Kaito is now on a more stable basis, which can allow him to consolidate at a more stable level, especially if traders continue to show interest in the token.
