{"id":380,"date":"2025-05-21T18:49:39","date_gmt":"2025-05-21T18:49:39","guid":{"rendered":"https:\/\/bitunikey.com\/news\/kaito-price-surges-as-funding-rate-exits-danger-zone\/"},"modified":"2025-05-21T18:49:40","modified_gmt":"2025-05-21T18:49:40","slug":"kaito-price-surges-as-funding-rate-exits-danger-zone","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/kaito-price-surges-as-funding-rate-exits-danger-zone\/","title":{"rendered":"KAITO price surges as funding rate exits danger zone"},"content":{"rendered":"
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Kaito token price surged to its highest level since March 2 as demand for cryptocurrencies jumped.<\/p>\n

Kaito (KAITO), a top player in the artificial intelligence and data analytics industry, rose to a high of $2.2524, up by 240% from its lowest level this year. This rally brought its market cap to $525 million and its fully diluted valuation to $2.17 billion.<\/p>\n

Kaito token jumped as the mood in the crypto market improved, as Bitcoin (BTC) soared to a record high. This surge pushed most altcoins higher, with tokens like Cookie DAO, Haedal Protocol, Grass, and Dogwifhat soaring by over 20%.<\/p>\n

Kaito has also jumped as more people staked their tokens. Data show that it has a staking yield of 11%, higher than popular tokens like Ethereum (ETH) and Solana (SOL).\u00a0<\/p>\n

Per\u00a0Dune Analytics,<\/a>\u00a0there are over 15,000 stakers in the network, while the total Kaito tokens jumped to a record high of 21 million KAITO.<\/span><\/p>\n

<\/p>\n

More data shows that Kaito made over $32.9 million in the first quarter as the number of monthly yappers rose to over 200,000. These numbers mean that the Kaito ecosystem is growing.\u00a0<\/p>\n

Kaito price also jumped as CoinGlass data shows that the weighted funding rate exited the negative zone, where it has remained since May 10. The rate rose to 0.0038%, the highest point in weeks.\u00a0<\/p>\n

<\/source><\/p>\n<\/picture>
Kaito funding rate | Source: Coinglass<\/a><\/figcaption><\/figure>\n

A positive funding rate is a sign that investors anticipate that the Kaito price will be higher in the future than it is today.\u00a0<\/p>\n

Kaito price technical analysis<\/h2>\n
<\/source>
\n\"Kaito\n<\/picture>
Kaito price chart | Source: crypto.news<\/figcaption><\/figure>\n

The eight-hour chart shows that the Kaito token price made a strong bullish breakout on Wednesday. It moved above the important resistance level at $2.1267, the upper side of the forming bullish flag chart pattern. A bullish flag is a popular continuation sign.\u00a0<\/p>\n

It has moved above the 50-period moving average and the 61.8% Fibonacci Retracement level. It is also being supported by the Supertrend indicator, a sign that the bulls are in control.<\/p>\n

Therefore, the path of the least resistance for the Kaito price is bullish, with the next point to watch being the all-time high of $2.92, up by 32% above the current level. A move below the support at $2 will invalidate the bullish view.<\/p>\n

<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"

Kaito token price surged to its highest level since March 2 as demand for cryptocurrencies jumped. Kaito (KAITO), a top player in the artificial intelligence and data analytics industry, rose…<\/p>\n","protected":false},"author":1,"featured_media":381,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-380","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency"],"_links":{"self":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/380","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/comments?post=380"}],"version-history":[{"count":1,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/380\/revisions"}],"predecessor-version":[{"id":382,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/posts\/380\/revisions\/382"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media\/381"}],"wp:attachment":[{"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/media?parent=380"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/categories?post=380"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/bitunikey.com\/news\/wp-json\/wp\/v2\/tags?post=380"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}