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Why is KAITO Up 23% Today?

KAITO’s recent 23% surge is part of a broader upward trend over the past week, during which its price climbed 53.4%.

Avatar image of Jonathan Agozie Jonathan Agozie•March 5, 2025

KAITO, the native token of the Kaito ecosystem, has experienced a considerable surge, rising over 23% to reach $2.25. The surge followed its listing on the South Korean-based crypto exchange Upbit, which boosted market interest and trading activity.

The increase is part of a broader upward trend observed over the past week, during which the asset’s price escalated by 53.4%. Notably, it peaked at $2.9 before experiencing a correction.

Upbit Announces Trading Support for KAITO

The recent surge in KAITO’s price is primarily attributed to strategic exchange listings and the introduction of derivatives trading. These factors have collectively enhanced the token’s liquidity and market visibility.

On March 5, Upbit announced trading support for KAITO. The exchange stated that it has enabled trading in KRW, BTC, and USDT markets.

Notably, KAITO withdrawals are free for the first 24 hours after deposits and withdrawals begin, after which fees apply. Meanwhile, transactions are only supported on the KAITO-Base network.

Upbit further advised users to verify the network before making deposits.

“Please make sure to check the network before depositing digital assets. Deposits and withdrawals through networks other than the guided networks are not supported,” the exchange stated.

KAITO Listed on More Exchanges

Other major crypto exchanges have listed KAITO besides Upbit. For example, on February 28, 2025, Bitkub, a leading crypto exchange in Southeast Asia, added KAITO to its market.

The listing introduced KAITO/THB and KAITO/USDT trading pairs, making the token more accessible to traders in the region and attracting fresh capital inflows.

Moreover, Coinbase’s perpetual futures trading platform introduced KAITO-PERP markets in late February. The development triggered a 40% surge in KAITO’s price within hours, while trading volume jumped 128% to $1.98 billion.

Meanwhile, Binance, one of the world’s largest crypto exchanges, plans to launch KAITO/USDT perpetual contracts on March 5, 2025. The anticipated development is expected to drive trading activity further as leveraged traders enter the market, increasing liquidity and exposure for the token.

Binance also announced KAITO as the 9th project in its HODLer Airdrops program. The program rewards BNB holders with free tokens to boost KAITO’s adoption and circulation. A total of 20 million KAITO tokens will be distributed.

What is Kaito?

Kaito is a Web3 platform that leverages AI to provide users with key insights and analysis in the crypto space. Founded in 2022 by Yu Hu, Kaito.ai has quickly gained recognition in the industry.

At the core of Kaito’s ecosystem is its tokenized attention model, which uses AI to measure influence by analyzing engagement and content quality. The system supports a decentralized InfoFi framework that incentivizes information sharing and value creation.

To reinforce this model, Kaito has allocated 56.67% of its KAITO tokens to the community and ecosystem, with 10% available for the initial claim. This approach ensures that active participants benefit from the platform’s growth.

Eligibility for token allocation depends on factors such as Yaps, alignment with Kaito’s values, and participation in Yapper Launchpad voting. This ensures that contributions are meaningful and aligned with the platform’s vision.

Jonathan Agozie

Jonathan Agozie is a writer dedicated to delivering clear, well-researched, and technically accurate content on blockchain, cryptocurrency, and Web3 technologies. With a strong background in these fields, he simplifies complex topics for a broad audience, ensuring clarity without compromising depth.