Gate News Bot message, on November 17, according to CoinMarketCap data, as of the time of writing, KITE (Kite) is currently priced at 0.09 USD, with a rise of 11.07% in the last 24 hours, reaching a high of 0.10 USD and a low of 0.07 USD, with a 24-hour volume of 383 million USD. The current market capitalization is approximately 161 million USD, an increase of 16.1 million USD from yesterday.
Important news about KITE recently:
1️⃣ Gate launches KITE spot trading globally for the first time
Gate will launch KITE spot trading on November 3, 2025, at 21:00 ( UTC+8, with the trading pair KITE/USDT. The KITE token is issued based on the Ethereum network, with the contract address 0x904567252D8F48555b7447c67dCA23F0372E16be. This listing event provides significant liquidity support for KITE, helping to expand its market influence, and is one of the main factors driving the recent price rise.
2️⃣ Gate Instant Exchange Platform Adds KITE Support
The Gate instant exchange platform has added support for the KITE token exchange, allowing users to trade with USDT in a fee-free one-click exchange. The addition of this feature further enhances the trading convenience of KITE, which may attract more users to participate, thereby increasing market activity.
3️⃣ KITE airdrop claiming feature is coming soon
The KITE Foundation is currently finalizing the configuration for the airdrop claim feature, which will be launched soon. This initiative may attract more market attention to KITE and is an important factor that could potentially influence short-term price trends.
From a technical perspective, KITE has experienced significant price fluctuations in the short term. Despite a 19.01% drop on November 4th, the current price has rebounded, demonstrating some market resilience. This volatility may be related to speculative trading commonly seen with newly listed projects.
From a fundamental analysis, the Kite project, as the foundational layer of the intelligent agent Internet, is noteworthy for its innovation and potential application value. However, the actual implementation of the project and the construction of its ecosystem still require time for validation.
This message is not an investment advice; investors should be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Bitwise CIO: The altcoin season is over, and the future will enter a "non-traditional" cycle
Bitwise Chief Investment Officer Matt Hougan believes that the future of altcoin seasons will no longer be common, and only assets with real applications and growth momentum will profit. He pointed out that the market will become more differentiated, with investor attention focusing on Bitcoin, and mentions of altcoins dropping to a two-year low.
GateNews16m ago
Hidden "Death Spiral" Risk! Ethereum and Bitmine targeted by short-selling institutions
Ethereum will undergo significant upgrades this year, but short-selling firm Culper Research released a report pointing out that the Ethereum economic model is severely failing, hiding a "death spiral" risk, and has shorted Ether and Bitmine. The report warns that shrinking returns could lead to decreased staking willingness, jeopardizing the security of the Ethereum network. Culper Research questions Ethereum's active user data, believing that its "death spiral" is already unfolding.
区块客21m ago
Analyst says Bitcoin is still in a deep bear market zone, with BTC quickly retreating after rebounding to $74,000.
Bitcoin recently experienced a brief rebound to $74,000, but analysts believe this is only a temporary correction within the bear market. Market indicators still show that it remains in a deep bear market, and although some on-chain data suggest capital is flowing back, market momentum is unstable and may remain volatile in the short term.
GateNews26m ago
Economist Lyn Alden: Bitcoin's performance in the next two to three years may surpass gold
Macroeconomist Lyn Alden stated in a podcast that Bitcoin could surpass gold in the next two to three years due to overly optimistic sentiment in the gold market. She pointed out that Bitcoin is undervalued and mentioned the oscillating relationship between the two, with the current Bitcoin price around $71,164, down 44% from its all-time high.
GateNews56m ago
Bitunix Analyst: Margin reduction combined with oil price shocks shifts market pricing towards "higher interest rates for a longer period"
CME lowers precious metals futures margin requirements, signaling increased market liquidity. The Middle East conflict has driven up energy prices, leading to a reassessment of inflation risks. The interest rate market pricing has shifted, with easing expectations cooling down, and funds focusing on U.S. non-farm payroll data, affecting economic and liquidity trends. The crypto market is also impacted, with short-term volatility rising.
GateNews2h ago
Culper Research shorted ETH, BitMine: Ethereum has entered a death spiral, Fusaka upgrade fee collapsed by 90%
Short-selling firm Culper Research publicly shorted Ethereum (ETH) and BitMine (BMNR), accusing the Ethereum Fusaka upgrade of causing transaction fees to plummet by 90%. The firm warned that the risk of a "death spiral" is increasing and questioned the sustainability of Ethereum's economic model. Culper cited Vitalik's recent sale of 20,000 ETH, indicating the founder's negative outlook on the current situation, and challenged the interpretation of active address growth, suggesting it may be the result of address poisoning attacks.
動區BlockTempo3h ago
