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Cryptocurrency News Articles

Kaito Price Analysis: Kaito Price Bounces Back – Heading For New ATH?

Feb 21, 2025 at 08:07 pm

(KAITUSDT) Despite the dramatic start, Kaito's market performance quickly rebounded. The price has climbed to $1.7 per token, pushing the market cap to approximately $410 million, a recovery that hints at underlying strength.

Kaito Price Analysis: Kaito Price Bounces Back – Heading For New ATH?

KAITO, the hotly anticipated token airdropped on March 14, experienced a dramatic market response, initially plunging to $0.78 per token before rebounding strongly.

As per posts on X, the token’s price quickly rose to $1.7 each, pushing the market capitalization to around $410 million, a significant recovery considering the bearish start.

The chart, as noted by observers on X, “looks good for more,” with some speculating that the low float and AI-driven narrative could propel it further.

This bounce-back suggests that while the tokenomics sparked an immediate sell-off, Kaito’s promise as a pioneer in InfoFi, rewarding quality content creation, still resonates with traders and believers.

However, with only 26.8% of the airdrop claimed so far, per X posts, the remaining 73.2% unclaimed tokens loom as a potential volatility factor. Yet, for now, Kaito seems to have survived the most critical hours.

Kaito’s airdrop saga is far from over, but its first 24 hours have already showcased the highs and lows of a high-profile launch. Whether it can sustain this momentum remains to be seen, but the project’s ability to recover from a bearish debut has reignited intrigue in its InfoFi revolution.

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Other articles published on Feb 23, 2025