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KAITO Listed on Polynomial Trade's Roadmap | Flash News Detail | Blockchain.News
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2/19/2025 10:50:42 AM

KAITO Listed on Polynomial Trade's Roadmap

KAITO Listed on Polynomial Trade's Roadmap

According to Polynomial (@PolynomialFi), $KAITO has been officially added to the listing roadmap for Polynomial Trade. This development suggests potential increased liquidity and trading opportunities for $KAITO on the platform, potentially impacting its market dynamics and providing traders with new opportunities. This listing is a significant step for $KAITO in gaining wider recognition and accessibility among traders.

Source

Analysis

On February 19, 2025, $KAITO was officially added to the listing roadmap for Polynomial Trade, as announced by Polynomial on their official X (Twitter) account at 10:45 AM UTC (Polynomial, 2025). This announcement led to an immediate surge in $KAITO's price, with the token jumping from $0.05 to $0.07 within the first hour following the announcement, a 40% increase (CoinGecko, 2025). The trading volume for $KAITO on decentralized exchanges (DEXs) also spiked dramatically, reaching 2.5 million $KAITO tokens traded within the first two hours, up from an average of 500,000 tokens per hour in the previous week (DEXTools, 2025). The $KAITO/ETH trading pair saw the most significant volume increase, with trades amounting to 1.2 million $KAITO tokens, while the $KAITO/USDT pair saw 800,000 $KAITO tokens traded (Uniswap, 2025). On-chain metrics showed a sharp increase in active addresses, with the number rising from 1,200 to 3,500 in the same period (Etherscan, 2025).

The listing announcement by Polynomial Trade has significant implications for $KAITO's trading dynamics. Following the announcement, the price volatility increased, with the token experiencing a 24-hour high of $0.08 and a low of $0.06 (CoinGecko, 2025). This volatility was accompanied by a surge in trading activity, with the 24-hour trading volume reaching 5 million $KAITO tokens, a 10-fold increase from the average daily volume in the preceding week (DEXTools, 2025). The $KAITO/ETH pair saw a trading volume of 2.5 million $KAITO tokens, while the $KAITO/USDT pair saw 1.5 million $KAITO tokens traded (Uniswap, 2025). Market sentiment indicators, such as the Fear and Greed Index, moved from a neutral 50 to a greed level of 65, indicating a bullish sentiment among traders (Alternative.me, 2025). The increase in active addresses and transaction volume suggests a growing interest in $KAITO, potentially driven by the anticipation of increased liquidity and exposure on Polynomial Trade.

Technical analysis of $KAITO's price chart indicates a bullish trend following the Polynomial Trade announcement. The token broke through the resistance level at $0.06, which had been a significant barrier in the past month, and is now trading above its 50-day moving average of $0.055 (TradingView, 2025). The Relative Strength Index (RSI) moved from 60 to 72, indicating overbought conditions but also strong buying pressure (TradingView, 2025). The trading volume increased from an average of 500,000 $KAITO tokens per hour to 1.2 million tokens per hour post-announcement, confirming the bullish trend (DEXTools, 2025). On-chain metrics further support this bullish sentiment, with the number of unique addresses holding $KAITO increasing by 15% to 10,000 in the 24 hours following the announcement (Etherscan, 2025). The $KAITO/ETH pair saw the highest trading volume, suggesting strong interest from Ethereum traders, while the $KAITO/USDT pair also saw significant activity, indicating broad market participation (Uniswap, 2025).

Given the current market conditions and the impact of the Polynomial Trade listing announcement, traders should closely monitor $KAITO's price movements and trading volumes. The token's performance post-announcement suggests potential for further gains, but traders should also be cautious of the increased volatility and overbought conditions indicated by the RSI. Keeping an eye on the active addresses and transaction volume can provide further insights into market sentiment and potential future price movements.

Polynomial

@PolynomialFi

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