Kaito rose by 26%, fed by the list on Upbit, which contributes to the growing presence on large centralized exchanges.
Upbit just has stated Kaito (Kaito) on its WFD, BTC and USDT markets, with deposits that are only available via Basic – Other networks are not supported. Supported by the offer, Kaito has risen by 25% in the last 24 hours and acts at $ 1.82 on a period time, with a trade volume of 24 hours of $ 996 million, an increase of 108%.
Although the Upbit mention is an important milestone for Kaito, this is not the first major exchange that the Token states. Binance, Coinbase, Kraken, OKX, Gate.io, Bybit and MEXC all mention Kaito on 20 February, coinciding with the generation of the token and the start of the Airdrop campaign.
Speaking of AirDrop, the Top 12 Aidrop -Requirements received a combined total of around $ 3.3 million in Kaito, but 10 of them have already moved the majority of their companies, with 8 completely left their positions immediately after the AirDrop.
From now on, 15.7% of the AirDrop clamants still hold on to their Kaito tokens, while 83.4% have sold or transferred most of them, according to Dune analysis. A small number of addresses have collected more tokens. This suggests that the majority of Kaito’s AirDrop requirements has chosen to liquidate their tokens instead of holding them for long-term profits.
With regard to Kaito’s recent price performance, after the end of February that Kaito pushed to his high on 27 February to the end of February, Kaito had a sharp correction, which recovered many of his profits. At the beginning of March, Kaito had fallen to around $ 1.50, which marked a considerable withdrawal of his peak. At the time of the press, Kaito acts slightly below 21 EMA ($ 1.86) and acts as his dynamic resistance. An outbreak above this level can indicate a potential reversal, while not holding on to further falls to the local support level of $ 1.50. The recent peak in volume, probably the result of the upbit list, indicates a strong purchasing pressure with key resistance that is around the range of $ 2.00- $ 2.10.
In addition, since 10 of the Aidrop Top -requirements have already taken a profit, the price of Kaito is now on a more stable basis, so that it can consolidate at a more sustainable level, especially if traders continue to show interest in token.
