The KAITO token airdrop on Base ignited significant price action, with the token leaping 41.49% in the last 24 hours. As of press time trading at $1.65, KAITO KAITO initially dipped before quickly bouncing back, showing strong market interest.
This price movement points to upward momentum, but critical resistance and support levels will dictate its next move. Meanwhile, derivatives market data indicates stable trading activity, with short sellers experiencing larger liquidations.
KAITO started trading near $1.12, briefly slipping into negative territory before buyers stepped in to support the price. A strong push upward ensued, lifting the token above $1.80 before a correction.
The pullback has brought KAITO to its current price of $1.65, where it looks to be settling. If the price stays above this level, it could establish new support …
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