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Home News

South Korea’s Upbit Listed KAITO

Rada Mateescu Rada MateescuVerified Author
Mar 07, 2025
2 min. read
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Key Points

  • Upbit listed KAITO earlier, supporting the KRW, BTC, and USDT markets.
  • KAITO’s price surged following the listing announcement.

Earlier today, the largest crypto exchange in South Korea, Upbit, announced the listing of Kaito AI (KAITO), an AI-based virtual asset data platform.

Upbit listed the following trading pairs at 15:00, South Korea’s time:

  • KAITO/KRW
  • KAITO/BTC
  • KAITO/USDT

After the crypto exchange announced the listing, KAITO’s price surged significantly.

KAITO Price Surged Following the Announcement

Ahead of Upbit’s listing announcement, KAITO was trading above $1.48, with a market cap of over $358 million.

After Upbit revealed the listing, the digital asset’s price spiked above $1.78, reaching a market cap of over $436 million and recording a surge of over 20% in a relatively short amount of time.

KAITO’s price continued to surge, hitting a peak above $2.19, and a market cap of over $529 million before cooling off to current price levels.

KAITO price in USD today
KAITO price in USD today

At the moment of writing this article, KAITO is trading at $1.96 and the digital asset has a market cap above $475 million. The coin is up by over 27% today.

Previously, KAITO reached its ATH on February 27 above $2.84 when it topped $687 million in market cap.

What is Kaito AI (KAITO)?

KAITO is the native token of the AI-powered InfoFi network. The digital asset plays a few key roles:

  • Token holders actively take part in the shaping of the network by influencing the distribution of attention in the AI-powered InfoFi ecosystem.
  • KAITO functions as the main medium of exchange within the Kaito ecosystem, and facilitates seamless transactions and interactions.
  • The token enables decentralized decision-making, allowing holders to propose, vote, and implement key protocol and algorithm changes.

According to the project, KAITO aligns incentives, empowers participants, and fuels the growth of a fair and efficient AI-powered InfoFi network.

Later today, Binance will launch futures trading for KAITO. The crypto exchange will launch the KAITOUSDT Perpetual Contract at 10:00 (UTC) with up to 25x leverage.

Tags: KAITOUpbit

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