KAITO surges 37% compared to previous day... "AI coins strengthen due to NVIDIA's strong performance"
Minseung Kang
Summary
- It was reported that KAITO surged by 37% compared to the previous day, showing an upward trend.
- NVIDIA's strong Q4 performance announcement was said to be influencing the strength of AI coins.
- It was reported that KAITO's open interest increased by 66%, continuing the upward rally.
The artificial intelligence (AI) based Web3 search platform KAITO is showing an upward trend, rising more than 37% compared to the previous day.
As of 6:50 PM on the 27th, KAITO's price is trading at $2.7704, up 35.99% from the previous day, based on Binance's USDT market.
Crypto News, a cryptocurrency specialized media, stated today that "the rally continues as KAITO's open interest in the futures market increased by 66%" and added that "AI coins are showing upward momentum due to the influence of AI semiconductor giant NVIDIA announcing strong Q4 results." At the same time, SHELL and CARV rose by 27% and 68% respectively.
Minseung Kang
minriver@bloomingbit.ioBlockchain journalist | Writer of Trade Now & Altcoin Now, must-read content for investors.
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