KAITO -102.94% in 24 hours amid sharp price correction
- KAITO dropped 102.94% in 24 hours, 63.8% in seven days, and 523.61% in a month, despite a 100580% annual gain. - The sharp correction coincided with broader market volatility and liquidity pressures, raising questions about fundamentals and sentiment. - Technical indicators like RSI and MACD show bearish trends, with RSI in oversold territory and MACD lines declining, suggesting prolonged downward momentum. - Analysts remain cautious about near-term rebounds due to the depth and speed of the correction.
On AUG 28 2025, KAITO dropped by 102.94% within 24 hours to reach $1.0611, marking one of the most dramatic short-term declines in its recent history. Over the past seven days, the token has fallen by 63.8%, while the one-month correction has been even steeper, with a 523.61% drop. By contrast, the one-year performance remains in positive territory, with an overall gain of 100580%. These figures reflect a sharp and sustained bearish trend that has caught attention from the broader market.
The price correction has raised questions among investors and analysts regarding the token’s underlying fundamentals and the market sentiment driving the sell-off. While no official statements have been issued by the project team, the drop has coincided with broader market volatility and increased liquidity pressure. The token has been particularly sensitive to market conditions over the past quarter, with its high-beta nature amplifying swings in investor behavior.
Technical indicators paint a similarly bearish picture. The Relative Strength Index (RSI) has moved into oversold territory, signaling potential exhaustion of the downward momentum. However, given the depth and speed of the correction, analysts are cautious about the likelihood of a near-term bounce. The Moving Average Convergence Divergence (MACD) is also bearish, with both the line and signal line trending downward. These indicators suggest that the correction may not yet be nearing its end.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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