KAITO Price Rises 40% Following Coinbase Listing Announcement
KAITO's price increased by 40% on Thursday following its listing on Coinbase's perpetual futures trading platform. This move attracted significant investor interest. Key points include:
- Coinbase announced the KAITO-PERP listing on February 27, allowing various order types.
- KAITO's price rose over 75% since Binance introduced new spot trading pairs and bot services for the token on February 24.
- The recent rally may also be linked to an earlier airdrop.
- KAITO is currently priced at $2.36, up 8.60% in the last 24 hours, with a trading volume surge of 128% to $1.98 billion.
- Market capitalization stands at $581.06 million.
- Analysts suggest KAITO is forming a bullish pattern, indicating potential for further gains and a possible retest of its all-time high of $3.
Other tokens listed by Coinbase, such as Virtuals Protocol (VIRTUAL) and B3, experienced modest gains of 3% and 7%, respectively, failing to match KAITO's momentum.