Data: Base ecosystem token KTA rose 22% intraday, market capitalization returned to 200 million USD

According to GMGN monitoring, the Base ecosystem token KTA (Keeta Network) rose 22% today, with a market cap returning to the $200 million mark, currently reported at $0.206. The 24-hour trading volume surged to $3.4 million, with a cumulative increase of about 50% over the past week. KTA is the native token of Keeta Network, positioned as a Layer-1 project connecting TradFi and DeFi. This round of increase was mainly catalyzed by the announcement of the launch of the Keeta Personal one-stop trading product. The token has been online for 446 days, and last June, its price peaked at $1.6. Since then, it has been affected by the ongoing spread of FUD related to project fraud, compounded by on-chain detective ZachXBT stating that "the project is being hyped by some unknown KOLs and there are suspicions of high control," leading to a sudden price crash. As of the time of writing, KTA has fallen approximately 87.5% from its historical peak.

ChainCatcher reminds users that on-chain trading is highly volatile, largely relying on market sentiment and concept hype, and investors should be aware of the risks.