The cryptocurrency Kaito (KAITO) has surged by 26% after being listed on Upbit, one of the major centralized exchanges. This listing follows previous listings on Binance, Coinbase, Kraken, OKX, Gate.io, Bybit, and MEXC. The top airdrop claimants of KAITO received approximately $3.3 million worth of tokens, but most have already sold or transferred their holdings. However, some addresses have accumulated more tokens. After reaching an all-time high in late February, Kaito experienced a significant pullback but has recently seen a spike in volume, indicating strong buying pressure. The price is currently trading below the 21 EMA resistance level, but a breakout could signal a potential reversal. The stability created by the top claimants taking profits may contribute to the token consolidating at a more sustainable level.
Content Editor ( crypto.news )
- 2025-03-05
Kaito price is up 25% following Upbit listing
