KAI (KAI) rose 26.21% in 24 hours.

Gate News Bot message, on September 28, according to CoinMarketCap data, as of the time of writing, KAITO (KAITO) is currently priced at 1.32 USD, with a rise of 26.21% in the last 24 hours, reaching a high of 1.41 USD and a low of 0.95 USD. The 24-hour volume reached 390 million USD. The current market capitalization is approximately 319 million USD, an increase of 66.63 million USD compared to yesterday.

KAITO is a Web3 platform focused on social interaction and content creation. The platform offers the Yapper Leaderboard feature, allowing users to participate in the Pre-TGE Arena event. KAITO also provides various features such as Yaps, Yapper Feeds, Kaito Earn, as well as participation methods like Airdrops and Stake KAITO.

Important news about KAI in recent days:

1️⃣ The annual yield of the KAIT yield-bearing token YT on the Pendle platform has significantly increased The yield-bearing token YT of KAITO has recently seen a significant rise in its implied annualized yield on the Pendle platform, reaching 75.23%, with an increase of over 35% in the past 7 days. Currently, the liquidity scale of this token is about 7.36 million USD, with a 24-hour volume of 2.9 million USD, a month-on-month increase of 862%. In contrast, the base APY is only 9.64%. This data reflects the market's optimism about the future development prospects of the KAITO project and may be one of the important factors driving the rise in KAITO's price.

2️⃣ KAI TO AI launches HANA public sale event On September 26, KAITO AI announced that the claim for HANA public sale quotas is officially open. Users need to use the wallet added through Capital Launchpad to make the claim, and the tokens of this wallet are located on the BNB Chain. The launch of this activity may attract more investors' attention to the KAITO ecosystem, potentially having a positive impact on its price.

3️⃣ Brevis collaborates with KAIT to launch innovative activities On September 23, Brevis officially launched the Yapper leaderboard event on the KAITO platform, combining social influence metrics with zero-knowledge proof verification of on-chain behavior for the first time. This innovative event not only enhances user engagement on the KAITO platform but also showcases KAITO's technical strength and collaborative potential in the Web3 social space, which could be another important factor driving its market performance.

From a technical perspective, the price of KAI has experienced a significant rise in the past 24 hours, breaking through several key resistance levels, demonstrating strong upward momentum. However, investors should remain vigilant of potential short-term pullback risks.

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