KAITO (KAITO) 24-hour pump 12.97%

Gate News Bot news, on July 17, according to CoinMarketCap data, as of the time of writing, KAITO (KAITO) is currently priced at $1.81, which is a rise of 12.97% in the last 24 hours, with a high of $1.82 and a low of $1.47. The 24-hour volume reached $127 million. The current market capitalization is approximately $437 million, which is an increase of $50.2 million compared to yesterday.

KAI is a Web3 social platform that offers features such as the Yapper leaderboard, Yaps, and Yapper Feeds. Users can participate in activities like Pre-TGE Arena and Kaito Earn, and they can also stake KAI tokens. The platform also provides airdrops and social card functionalities.

Important news about KAI recently:

1️⃣ Official Clarification on Token Supply and Sales Dispute The official KAITO recently clarified the issues regarding token supply and sales circulating in the market. The previous controversies surrounding KAITO token supply and market makers attracted market attention, and the official timely response helps to alleviate investor concerns and stabilize market sentiment.

2️⃣ Social Media Account Hacked KAITO and its founder Yu Hu's social media accounts were hacked, and the hackers spread false information regarding token supply issues. This incident caused short-term market fluctuations, but the KAITO team acted swiftly to clarify the related rumors, effectively controlling the negative impact.

3️⃣ Launch of social-driven token airdrop in collaboration with Sonic KAITO has integrated with Sonic to jointly launch a socially driven S-Token airdrop event. This collaboration not only expands KAITO's ecosystem but also provides users with new participation opportunities, expected to attract more users' attention and usage of the KAITO platform.

From a technical perspective, the price of KAI has recently shown a rise, but it is still influenced by the overall market trend of Bitcoin. On the fundamental side, the continuous development and innovation of KAI as a Web3 social platform, as well as its collaborations with other projects, provide support for its long-term value.

This message is not intended as investment advice; investors should be aware of market volatility risks.