Keeta (KTA) Surges 15% to $663 Million Market Cap with 54x Trader Return
Keta (KTA) has gained 15% in the last 24 hours, bringing its market cap to $663 million and positioning it near the top 200 cryptocurrencies. Key points include:
- 24-hour trading volume increased by 33%, indicating rising investor interest.
- A stress test scheduled for June aims to validate KTA's Transactions Per Second (TPS) performance ahead of its mainnet launch.
- Investor predictions suggest KTA may reach $2 soon, following a 71% price increase over the past week.
- A trader turned a $171,000 investment into $9.3 million in three months with KTA, achieving a 54x return.
KTA is currently trading around $1.64, maintaining momentum above the midline of the Bollinger Bands. A drop below $1.22 could lead to a price decline towards $0.81, while resistance lies at $1.64 with potential for a breakout to $1.75.
The broader Real-World Assets (RWA) token market has reached a valuation of $38.6 billion, providing macro-level support for future gains.
KTA price chart with RSI and Bollinger Bands | Source: TradingView