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Cryptocurrency News Articles

Kaito (KAITO) Token Soars 65% as New Yapper Leaderboard Integration Attracts Users

May 07, 2025 at 11:12 pm

KAITO, the native token of the AI-powered InfoFi network, has risen over 65% in the past 24 hours, breaking through the critical $1 psychological barrier and touching a new

Kaito (KAITO) Token Soars 65% as New Yapper Leaderboard Integration Attracts Users

Key Notes

* KAITO, the native token of the AI-powered InfoFi network, has surged more than 65% in 24 hours.

* The token price broke through the $1 psychological barrier and touched a new local high of $1.42.

* At the time of press, Kaito is trading at $1.3360, with a 24-hour trading volume of $577.63 million.

Further Accumulation

Derivatives interest in Kaito ballooned even further. Futures open interest rose to a two-month high of $184 million, up from just $37.7 million a month ago, according to CoinGlass.

Derivatives volume also soared 1391% to hit $2.4 billion, suggesting a sharp rise in speculative activity and bullish positioning.

Why Is Kaito Soaring?

The current rally appears to be fueled by the recent integration of Huma Finance's Yapper leaderboard into the Kaito ecosystem ahead of its upcoming Token Generation Event (TGE).

The next Pre-TGE Yapper Leaderboard is live with @humafinance!

Find out who's driving forward their mindshare across CT.

With rewards planned for eligible yappers!

More details 👇 pic.twitter.com/50DPmqqCCv

— Kaito AI 🌊 (@KaitoAI) May 6, 2025

The leaderboard incentivizes "yappers" – users who actively engage with crypto content on X – with token perks and ecosystem benefits.

Momentum was already building after Kaito founder Yu Hu announced on May 5 the launch of the "Earn and Drop" campaign, with the first collaboration featuring PayFi Network's BOOP.

we kicked off social airdrop season in Jan with bera, story, kaito and many others

we kicked off our strategic KAITO accumulation in Mar and accumulated ~3M KAITO in < 60 days

we are kicking off our earn and drop season in May with BOOP and so many other opportunities to come…

— Yu Hu 🌊 (@Punk9277) May 5, 2025

The initiative coincided with a significant analytics update, as Kaito added Total Value Distributed data to its Dune Analytics dashboard, increasing transparency around token incentives and ecosystem activity.

Total Value Distributed (TVD) – now added to our Dune dashboard.

So far, over $71M of rewards from ecosystem projects have been distributed to yappers, stakers & hodlers, and that’s excluding the $KAITO airdrop.

And, it’s only been ~5 months since the launch of Yaps.

Link… pic.twitter.com/NcCXejgjrJ

— Kaito AI 🌊 (@KaitoAI) May 6, 2025

According to the updated Dune analytics data, over $72.3 million in rewards have been distributed across the Kaito ecosystem to yappers, stakers, and hodlers. This excludes the upcoming KAITO airdrop.

The project now has more than 200,000 monthly active users, highlighting the rapid expansion of the Web3 social platform.

Technical Analysis: Overheated Yet Bullish

Technically, Kaito is showing classic signs of a breakout rally. As per the chart below, the Relative Strength Index (RSI) on the 4-hour chart is currently at 89.95, placing it in overbought territory.

Such readings may precede short-term corrections or consolidations, but they also reflect strong bullish momentum.

However, the MACD is still in a bullish crossover, with the MACD line sharply above the signal line and increasing green histogram bars, indicating sustained upside pressure.

KAITO 4H Chart with RSI and MACD | Source: TradingView

Fibonacci analysis indicates that the rally hit the 1.618 extension level at $1.42, which could act as immediate resistance.

A breakout above this level could open the door to further gains towards the 2.0 fib level at $1.60 or even the 2.618 fib at $1.70. On the downside, support lies at the 0 fib level, around $1.15, and the 0.618 fib at $1.00.

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Other articles published on Jun 08, 2025