KAITO Token Surges 53%: Bitkub Listing Drives Crypto Rally

KAITO Token Surges 53.4% This Week: Behind the Rapid Price Increase

KAITO, a cryptocurrency token, has experienced a significant surge this week, with a 53.4% increase in its price. The token reached an intra-week peak of $2.9119 before stabilizing around $2.30. Over the past 24 hours, KAITO gained 4.22%, with trading volume soaring to $707.58 million, indicating strong market interest.

The primary driver behind KAITO's price explosion has been its listing on Bitkub, one of Southeast Asia's top exchanges. With KAITO/THB and KAITO/USDT trading now live, accessibility for traders in the region has significantly improved. Deposits and withdrawals went live on February 28, 2025, attracting fresh capital inflows.

Adding to the momentum, Binance is set to launch KAITO/USDT Perpetual Contracts on March 5, 2025. This development could further drive trading activity, as leverage traders enter the market, increasing liquidity and exposure for the token.

Another catalyst for KAITO's rally was its listing on Coinbase's perpetual futures trading platform. The announcement on February 27 sent KAITO soaring 40% within hours, with trading volume spiking 128% to $1.98 billion. Futures open interest surged 66% to an all-time high of $192 million, reflecting rising optimism among derivative traders.

Looking ahead, analysts have mixed views on KAITO's trajectory. Some forecast a run to $5–$7 by 2025, while more optimistic predictions see it hitting $15–$20 by 2030. However, crypto remains highly volatile, and recent gains are largely fueled by exchange-driven speculation.

KAITO remains in an uptrend, currently trading at $2.3088, after rebounding from trendline support near $2.1369. The 50 EMA at $1.9609 continues to hold as dynamic support, reinforcing bullish sentiment. Traders should watch for a decisive