KAITO (KAITO) up 11.71% in 24 hours

According to Gate News Bot, as of December 5, per CoinMarketCap data, KAITO (KAITO) is currently priced at $0.75, up 11.71% in the past 24 hours, with a high of $0.74 and a low of $0.61. The current market capitalization is approximately $180 million, an increase of $18.9 million compared to yesterday.

Recent important news about KAITO:

1️⃣ Cysic Airdrop Event Ending Soon The Kaito AI platform is conducting a Cysic airdrop event. Eligible users must complete registration by 9:00 PM on December 7. This deadline may prompt more users to participate in the Kaito ecosystem in the short term, thereby driving demand and price increases for the KAITO token.

2️⃣ Airdrop Eligibility Thresholds Set To participate in the Cysic airdrop, users must hold more than 5,000 sKAITO or YT-sKAITO tokens, and the 7-day weighted average must remain above 5,000. This requirement may encourage investors to increase and hold KAITO for the long term, helping to stabilize the token price and reduce selling pressure in the market.

3️⃣ Yapybara Holders Receive Extra Rewards Yapybara NFT holders can receive an additional 10% reward in this airdrop. This policy could increase the appeal of Yapybara NFTs and indirectly enhance the overall value of the KAITO ecosystem, providing further support for the KAITO token price.

From a technical perspective, the KAITO token has seen a significant rise in the past 24 hours, likely related to the upcoming airdrop deadline. Investors may be actively positioning themselves to meet participation requirements, and this behavior could continue to drive short-term price increases. However, there may be a risk of a pullback after the airdrop concludes.

This message does not constitute investment advice. Please be aware of market volatility risks when investing.