Keeta Surges Post-Coinbase Listing; Whale Accumulation Continues
On Saturday, Keeta token (KTA) soared by over 15%, following a significant announcement from Coinbase and its founder. This surge in value brought KTA to $1.09, marking its highest point since August 26.
The token’s market cap crossed $406 million.Despite the jump, KTA still sits 42.4% below its all-time high of $1.68, as of Saturday.
Keeta’s rally mirrors confidence from smart money. Data reveals smart money holds around 8.65 million tokens now compared to under 7 million in July. Similarly, whale investors have steadily accumulated, reaching over 76.7 million tokens.
- Smart money now owns 8.65 million KTA tokens.
- Whales hold over 76.7 million tokens.
The spike coincides with Keeta’s listing on Coinbase—a major U.S. crypto exchange. This inclusion grants Keeta access to a vast customer base globally. previously, trading was primarily active on smaller platforms like Aerodrome and LBank. Notably, Coinbase is the second major exchange to list Keeta after Kraken.
The listing drew further attention when the project’s founder, Ty Schenk, announced updates on tokenomics. Early investor shares merged with team allocations will contribute to Keeta’s strategic reserve totaling 400 million KTA tokens.
Eric Schmidt-backed, Keeta aims to become the fastest blockchain, targeting over 10 million transactions per second.The CEO revealed plans to launch its mainnet within this month, potentially boosting the price even further.
Technically, the KTA price shows a bullish trend. It has broken past the strong pivot, signaling potential upside movement as attention shifts toward the mainnet launch.
